Thursday, January 24

Double R Layer on 4H

Got long on GBPJPY @141.31 we will see how this trade unfolds.


Edited January 25, 2013 at 9:56AM PST: 
The red dotted line on previous chart was my take profit level @143.89. I suspected that because of the double layer resistance just above marked in lite blue price will slow a little bit and may retrace. The TP proved to be a good area and gave me +85 I'm out for now waiting for another opportunity to get long.


No comments:

Post a Comment