Saturday 29 December 2007

Risky Trade

@12:05 Short 780.9, Stop 781.7, Target 777.8, RR 0.8/3.1, R 3.875
This trade was nearly taken out as I queue early. should observe price in future and enter when price is moving in the direction of trade.
Move stop to 2 ticks profit once price move below last support. There were some retracement before hitting the target.