Friday, June 12, 2009

This Week In Words ( 8 -12 JUNE)

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 !!

0 comments: