Wednesday 21 April 2010

Nice Result.. i surprised myself ! ...CHFJPY

stop to 87.57













3.57 pm: Its not normally that quick or easy as that but price fell rapidly(too rapidly perhaps) but found solid support on a very long term ML/fork centre line. Indeed it is fair to say in my opinion the mauve/magenta CL is the dominant pitchfork/ML set and price osscilates around it with great precision. In the meantime price is again back up on the UMLP(!!!) where i started from and no profit was taken but i have now a B/E stop. The B-Bands are not particularly encouraging but this is now a free trade and i still believe that price will go lower as per my original/current indicator observations.

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