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Rsi Breakout
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bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Apr 04 2010 at 22:41
and another one in the usdjpy (also just entered):

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even if it continues upside, the price should make a retrace back to the last resistance, so that's the target. the stop is the next resistance in line. let's see how it goes..

Sleep is for the weak.
Attachments: 80.png
bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Apr 06 2010 at 10:25
closed both position for a small total loss (about -20 pips).

the usd has changed course and looks like it's bullish. waiting for an entry.

Sleep is for the weak.
bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Apr 06 2010 at 15:04
ok, price in the gbpusd has retraced to a previous support, which now acts as resistance, so trying a short:

<a href=''/></a>

Sleep is for the weak.
Attachments: 81_r6.png
bizWiz

Member Since Aug 06, 2009  396 posts bizWiz Apr 09 2010 at 08:43 (edited Apr 09 2010 at 08:45 )
stopped out -120... should have closed the trades for a smaller loss - it was in front of my eyes (higher lows, and usd went south on other pairs)

it was a bumpy ride - the trade went into positive, then negative, then positive, then negative again.

waiting to re-enter and get my pips back again.

Sleep is for the weak.
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