MoneyTec Traders Community Forum - View Single Post - TRADING FORK EXTREMES

Summerset · 30-08-2007, 03:28

Buy Market <6770> to 1.5% exposure.
Add by limit order to another 1.5% exposure at 6755.

Eurosterling has been consolidating in a flag pattern that is supporting on the broken top of a symmetrical triangle. (see chart below). The pair has also been moving upwards in a serries of bull flag formations.

The current formation's target is 6850.
We will target 6845 for half of the position size.

Profitable Trading

30-08-2007, 03:28	#171
Summerset CFTe Join Date: Jun 2005 Posts: 1,155 Downloads: 0 Uploads: 0 Rep Power: 5	Eurosterling Buy Market <6770> to 1.5% exposure. Add by limit order to another 1.5% exposure at 6755. Eurosterling has been consolidating in a flag pattern that is supporting on the broken top of a symmetrical triangle. (see chart below). The pair has also been moving upwards in a serries of bull flag formations. The current formation's target is 6850. We will target 6845 for half of the position size. Profitable Trading Attached Thumbnails __________________ Sincere Regards Summerset ------------------------------------------------------There is no future in any job. The future lies in the man who holds the job.- George Lane. (Stochastics Developer).