Friday, 8 February 2013

Friday, 1 February 2013

201301310109 AUDUSD



Market Conditions
about to turn down


Entry
Long at 1.04207
Stop at 1.0370


What happened
Stopped put at 1.0370

For future trades
NEVER go against the trend

201301291635 GBPUSD


Market Conditions
trending down


Entry H1
Short at 1.5750, middle of down channel
Stop at 1.0583


What happened
Market continued previous uptrend within the channel
Stopped out at 1.0583


For future trades
Pay attention to the current position of the trending channel