Friday, 9 April 2010

Wakey wakey, rise and shine

Well it's 6:30am in Manchester, there's a little bit of light frost on the ground, and EURJPY has done what I thought and hit my first target at the smaller 50% fib level, and price has stalled there.

I closed out 2/3rd of my position at 124.80, and I have now moved my stop on the last 3rd to entry, so a breakeven trade on the last part at worst, and I can see where the price takes me.

I've still got the final part of my GBPCHF trade from Tuesday open, and at this moment is within 15 points of hitting it's final target.

As for GBPUSD this morning. I won't be jumping into any trades like yesterday. I need to get back to doing some of the TA I've ben practicing as that seems to have worked last week, and it has certainly worked this week when I've done it. Plus it's a Friday, so any trades I open today will be closed before I finish tonight. No holding open positions over the weekend for me.

So I'll power up the brew and toast now, and get to it!

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