Week 14

[torero]

Looks like we got an early riser here, helped by the European PMI release. 9720 was a strong resistance. Although it's been broken by a few pips, I'll take a small stop loss on this stop and see how it fares. If it can't stay above it then watching to go the opposite direction.

[Don4]

Well so far so good,nice trade!!! Have u took profit yet? Or are u still in?

[torero]

Not yet. I have a 9843 as my first target, then 9900. I'll trailing up little by little.

[Don4]

Torero, are u still long?

[torero]

Yep, moved my stop to breakeven, but didn't touch it. so still in.

[Don4]

ok just checking.

[milliard]

	Quote:	torero
	Not yet. I have a 9843 as my first target,

What's the significance of that exact number as your initial paring marker torero? I see the late 06 (c9838) & early 07 (c9830) high guides, but don't got a 9843 fulcrum on that pairing?

Do you fella's tend to run your lines out to exact markers like that, come what may - or use them as zones of interest.

Just curious as to what would prompt you to hold a trade which rebounds maybe 20-30 clicks shy of one of your profit markers.

[torero]

I tend use a range to take profits but unfortunately I set the sell target at 9849 (this is from 240-min chart) and wasn't there to mediate the sell (was actually the dead last resistance pip but I set a bit lower). I'm still in but I'm moving it up under the last pullback (8741 I believe).