08/04/14 – Another one bites the dust! Stop Loss taken out giving a 1% loss on my trading account balance.  Again there is still movement in this even if it pulls lower next week, I will keep an eye on this nd possibly get back in if the market conditions and indicators allow.  As Below


31/03/14 – The trade triggered in today’s session with a good strong positive movement.  The price also managed to rise above the 6/4MA High line which always gives me more confidence.  As below


31/3/14 – The price for this potential trade dipped below the 0.25 Fib line last week, giving 7/9 indicators in the green.  The W4 pull back is against a strong Bull trend as can be seen by the False Bar Stochastic line.  The trade is setting up well but may pull back further, so I have decided on a conservative entry way out of the Trend Channel and above the highs of the last 7 bars (days) to ensure a higher probability of making that new W5 high.  BUY order @ 108.90 on a DFB with the Stop Loss @ 105.44 and the Take Profit Limit order @ 116.00.  As Below

GD#3 GD#1 GD#2osc'

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