Sunday, February 12, 2012

GBPJPY analysis – will the beast moves downwards again??

February 12, 2009 by · Leave a Comment 

chart h1 – 4.03 pm Malaysia

Went short as soon as the price pierces the lower trendline. Stop loss placed at 130.00 (risking 88 pips).
Target projected: still undecided.

Will the beast continue going downwards? :-?

UPDATE: 4.20 pm - price is testing yesterday's low ...
+45; SL rest at +1 [-o<  4.37 pm - +100 ; SL rest at +30 4.55 pm - took half position at +150
hopefully the beast will touch the next support at 125.3x, at least... [-o<

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