Trading Today (March 12, 2010)
I still focus at GBP/JPY from yesterday. Yesterday I added new entry Buy position and today too. So, there are 3 Buy position. If we see at Daily chart, after Double Bottom Candlestick is a candlestick bull confirmation.
and then at 4 Hours chart, I use Channel Line to change Target Profit (TP) position. I change it to upper line channel. If I’m not wrong, GBP/JPY will continue bullish and I wish chart will breakout the Resistance at 137.39 until my Target Profit position. ^^
Cheers,
Kurosano