[ No Comments ] Posted on 10.08.09 under Forex, GBP/USD, IBFX Contest Account Updates, Trading
This morning (08 October 2009 02:20 GMT) saw a bullish setup on GBP/USD and entered. Looking back the setup didn’t entirely conform as the MACD was showing R/B in bullish territory (the rest was ok). As expected it consolidated. As of now (40 mins later) am still negative due to the commission. Am expecting my MA O/R followed by a R/O with everything else in line to give me my target. If price crosses Y and MA O/R then i guess i’ll have to bite the bullet.