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Thursday 14 October 2010

GBP/JPY on Daily


GBP/JPY on Daily : as we can see the pair is moving in the lime channel & it starts the retracement from 78.6 Fibo level & stochastic above 20 ....we enter a long position 1st tp : 132.67 2nd tp : 133.3 sl : 128.55

GBP/USD on Daily


GBP/USD on Daily : as we can see the pair is moving in the lime channel & it start retracement from 38.2 Fibo level & the stochastic is above 20 pointing to up ....we enter a along position 1st tp : 1.6161 2nd tp : 1.6351 sl : 1.5609