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Friday, July 17, 2009

Quick Psych Level Scalp

GBPJPY showing resistance again at 154.

Short 1 lot.

Prepared to take apx 20-30pips heat before we scrap the idea. Target 153.50 & 153 if momentum is shown.

2 comments:

  1. Price seems to be behaving as we'd like. Although, if it doesn't rush down to the .60 level soon we might have to take a small profit. That's the next push through point on the way to target.

    ReplyDelete

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