Wednesday, February 2, 2011

GBP long futures trade working well

Just today we were pointing out GBP as about to break a massive multi year trend line....and it blasted out of there tonight, 30 minutes after I put my long trade on (small at 2 contracts...but moves influence alot of money).

Nice surpise for a change, here is the original post

http://oahutrading.blogspot.com/2011/02/gold-transition-channel-and-gbp.html

and the results.  NZD tanked at same time, as did Euro.   Stop moved up to a nice profit, may get whipsawed but that is the risk.


No comments:

Post a Comment

Insightful and Useful Comment!