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rufffen · 16-07-2006, 16:49

GBP/USD for UK open: Those of you who are looking to go SHORT, can do that at the current price levels (8380) or at 8420 targeting 8260 8240 8220, Cable is setting up for a nice triangle breakout, and downside got more potential right now. My SL would be just 8440-8460 area, which gives r/r of 2:1, that's OK in my book.

Better trade setups still to BUY BOTTOM on both CABLE and EURO, all the entry prices and TP SL levels updated in the first post in this thread.

16-07-2006, 16:49	#43
rufffen Zone trading Join Date: Jun 2005 Posts: 1,032 Downloads: 2 Uploads: 0 Rep Power: 5	Re: EUR/JPY CYCLES UPDATE Part1 GBP/USD for UK open: Those of you who are looking to go SHORT, can do that at the current price levels (8380) or at 8420 targeting 8260 8240 8220, Cable is setting up for a nice triangle breakout, and downside got more potential right now. My SL would be just 8440-8460 area, which gives r/r of 2:1, that's OK in my book. Better trade setups still to BUY BOTTOM on both CABLE and EURO, all the entry prices and TP SL levels updated in the first post in this thread. Last edited by rufffen : 16-07-2006 at 17:13.