GBP/USD.EUR/USD
6 Haziran 2011 Pazartesi
, Posted by buRkAy at 20:03
Good morning.
Cable. Overnight range of +70 pips with a drop early on then moving up and remaining in the middle of the range.
0630 sell. entered at 6613 with an immediate retrace.-15pips.
0640 buy .entered at 6637. again retraced for a loss of -3 pips.
I did not take any more signals on cable as I got the impression that the pair lacked any driven direction, reflected by the immediate retraces.
Eurodollar. Overnight range of 36 pips.The reason I did not use the midnight high as my resistance was because of the two hits at 4811, and no interaction with 4825.
0605 confirmed break of resistance with a buy entry at 4820. Took the +20 pips.
So a frustrating start to the week with a + 2 pip profit. Never mind we will just have to see what the rest of the week brings!
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