Tuesday, 23 June 2009

Open GBP/USD Short 2 @ 1.6454 17/06/09 20:44

I have decided to go short here as the currency has not rallied to it's usual high during the Wall St trading. If one were going to short this is around the best time.

Here are the stochastics :
%K = 93; %D=89; RSI=63
Obviously not ideal setup and a slice of speculation here

FWIW here's another chart ;-)

Remember this time if it looks bad - REDUCE! Don't knee jerk close

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