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| English: Wednesday Market, 08:53 The market almost completely set up and some trading already taking place. North of 474142. Next 484542 (Photo credit: Wikipedia) |
As I wrote on Monday, I still see a major shorting coming up.
I am still strong on the short deal at 1.3601. The stop loss at 50 pips and the profit levels of 150 are good to me.
So, I am still strong on it and I am waiting for the announcements for the day which include the news announcemnts of Non-manufacturing PMI.
That will be the moment when this particualr open deal will be put to a test.
Luckily, I am stringent with the stop loss, hence I will not lose much even if my signal turns the opposite way.
So, there is nothing much to do except doing the classic wait and watch.....
and I shall update the outcome tomorrow.
Till then, have a fun trading day ahead.
