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Posts by Phakamani

in Phakamani chart May 25 2014 at 12:55
Pending Buy: Buy @ 1.47859 (Red line - Support) SL @ 1.47690 (Red-dashed line) TP1 @ 1.48288 (Lime-dashed line1) TP2 @ 1.48623 (Lime-dashed line2) (Move SL to BE once TP1 is HIT)
in Phakamani chart May 22 2014 at 11:27
Thank you for your input. But i am confident that the market will not hit my stop and i can not risk that much on this one trade.
in Phakamani chart May 21 2014 at 20:05
Key Quotes: "All of which suggests that consumption in the UK is notably strong and supports the risk of an earlier than expected interest rate hike. The near‐term outlook for GBP continues to be positive as the fundamental dynamics suggest GBP will test back up to 1.70."
in Phakamani chart May 21 2014 at 20:04
Key Quotes: "GBP is up on a surge in retail sales and BoE minutes that contained no surprises and a 9‐0 vote. Retail sales were surprisingly strong, with headline up 6.9%y/y and exauto up 7.7% and an upward revision to the March data (see chart)."
in Phakamani chart May 21 2014 at 19:54
Buy @ 1.68990 SL: 1.68555 TP1: 1.69421 TP2: 1.69926