Weekly Thread: August 10 - 15

Both euro and cable are currently at crutual levels I was talking about in the begining of the week. Euro is at 11260, next level is 11210. In my opinion, if/after a break of those levels, there will be no problem in 1.1. But those following my trade should know that I am not going for less than tgt, and therefore, even if it retraces back to my entry, it will mean the trade willbe no profit trade. So those who want to take profit are welcome to close half position now. I'm going for target. Same on cable - going for tgt. 2 levels: 1.6020 and 16000.
About short EURGBP:
it was quiet flat from the begining of the week, ranging 7050-7080, but today finally broke the support of 7050 and I'm hoping it to get on its way as well. Stop will be moved to b/e at 7015 - just as poted when opened the trade.

Good Tradeing everyone,

Rezo.
 
doing well (already @+130 pips), first level on euro (1 1260) was well broken, and now waiting for 1 1210/30. On cable I think we are already seeing a break of 1 6000, and everything is ok as well (already @+90pips). eurgbp is testing 7020 now, and @7015 stop will be moved to b/e.
 
I have stops on 2 trades at breakeven, and that allows me to open 2 new positions. Possible trades:
- sell EURJPY
- sell GBPJPY
 
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