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Rsi Breakout

bizWiz
Apr 04 2010 at 22:41
397 posts
and another one in the usdjpy (also just entered):

<a href='' target='_blank'><img src=''/></a>

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..

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Sleep is for the weak.
bizWiz
Apr 06 2010 at 10:25
397 posts
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
Apr 06 2010 at 15:04
397 posts
ok, price in the gbpusd has retraced to a previous support, which now acts as resistance, so trying a short:

<a href='' target='_blank'><img src=''/></a>

Attachments:


Sleep is for the weak.
bizWiz
Apr 09 2010 at 08:43
397 posts
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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