Click Here to Get a Free Subscription to SFO Magazine
 

12/19/08 GBPJPY

Squeeze box trade.

Short 1 (100) GBPJPY @ 3390
Stop @ 3670 (-273)
Target @ 3290 (+1000)

Click above for larger image

Click above for larger image

Closed trade near previous support @ 3290, +100 pips.   It was a pretty good exit, price kept bouncing off that level.




If you enjoyed this article, you might also like:

  1. Dell Inspiron 9 Laptop – Fits in Your Purse
  2. What is your dream car?

Comments are closed.