LIVE TRADE SET-UP:
GBP/USD
4/23/08
Attaching two charts (1 hr and 4 hr.) We see our friendly consolidation zones tonight showing a very nice accumulation phase --Buying on the lows at the bottom of the "zone" and testing of supply.
Current trade: Long at 1.9786
Target: Conservative at 1.9927 --below the bottom of the last supply area.
4_23_08_setup.jpg
4_23_08_setup4.jpg