Tuesday, March 10, 2015

Pound for Pound

Okay, have a really bad run and lost money and lost confidence; which is the worst thing for a trader.  

Anyway, back to star gazing and the Sterling just caught my fancy.


On the dailies, it has just completed a nice rundown from 1.7180 to 1.4985 and is now consolidating between 1.4985 and 1.5550


 Sell the break of 1.5025 with a stop above 1.5150 for a 1.4820 target, with possible extension to 1.4230 and 1.3510





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