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Summerset · 30-07-2007, 04:47

Expose 1.5% to cover Limit longs @ 6730 & another 1.5% for limit longs @ 6720, To full exposure of 3%. SL on both @ 6690. Final TP @ 7200.

This is a -ve premuim trade.

We anticipate an attempt to break upwards out of the triangle on weekly chart. In that case it would become a bull flag with potenial upwards = the flagmast below it ~ 7200

There is a weak buy signal.

30-07-2007, 04:47	#126 (permalink)
Summerset CFTe Join Date: Jun 2005 Posts: 1,158 Rep Power: 5	Eurosterling. Expose 1.5% to cover Limit longs @ 6730 & another 1.5% for limit longs @ 6720, To full exposure of 3%. SL on both @ 6690. Final TP @ 7200. This is a -ve premuim trade. We anticipate an attempt to break upwards out of the triangle on weekly chart. In that case it would become a bull flag with potenial upwards = the flagmast below it ~ 7200 There is a weak buy signal.