Let's keep it simple...
GBP/JPY looks tired but still expect to hit 162 at least, this could go higher by 100 or so pips from there but @ some point a retrace is due, so keep that in mind. For now keep the SL tight and just go with the flow. If we retrace, i'm expecting 145/148 zone to be hit.
EUR/USD now set for a leg down...shorting the bounces for now until 1.3450 zone, then will re-evaluate position.
Im also targeting GOLD will do new low again...
All other pairs following the same theme...
keep the SL tight and take profit frequently!
Happy Weekend !!
Friday, June 12, 2009
This Week In Words ( 8 -12 JUNE)
Posted by YM : kimie601 SKYPE : dollarsmagic at 10:34 PM
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