Just an update. | fxmadness.com
Sponsored By :

This blog goes where few traders dare – the exciting world of Forex outside the dollar!

fxmadness.com

August 27th, 2008 at 10:31 am

Just an update.

in: General

O.K., not much has happened with much intended trade. Well, not strictly speaking true because price moved close to the entry price, just not through it yet. Here is how it looks like

eur-jpy-3.jpg

So, in short, I’m still waiting. Order is valid for now, and it stays.
Looks like a lot of currency pairs are building reversal patterns on hourly charts. Now, this time frame has to be given a little more time for the patterns to be prove or disprove themselves. And since I update this blog when I do, moves might happen before next update. I’m sure some other trades will present themselves soon.

Mike K.

image121.gif

 

RSS feed for comments on this post | TrackBack URI









<

Forex


By TwitterButtons.net

Benzinga.com supporter

Are you a CEO and own
a business? Make sure you
get yourself a Direct Line
 for Business insurance
quote
.
Citi IPB, a subsidiary of the Citi Group offers unrivalled Offshore Banking services to customers across the globe. Including financial planning and access to deposits internationally.
  • Recent Posts

  • Categories

  • Archives

  • Blogroll

  • Forex trading signals Simple, easy to follow mechanical trading system. Free trial. spectrumforex.com

    • BlogRankers.com


      Finance Blogs


      TopOfBlogs


      Exotic currencies,


      blog directory


      Finance blogs


      Finance


      pfblogs.org logo