Saturday 7 January 2012

Wiseman 1 Trade on GBP/USD

GBP/USD Hourly

My first trade of the year 2012, price tried to move up but failed and form a bearish divergent bar (false break)

Sell at 1.5497, Closed half of my position near support (1st target) at 1.5467 for a 30 pips profit

Price didn't go to my 2nd target (daily support level), so i just closed the remaining at bdb high, 1.5414 for 83 pips profit..

Not bad for a start...

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