Thursday, November 03, 2005

Tightening the entry

Tightening the entry signals.

The triangle narrowed today, I am still comfortable with this trade set up. I am adjusting my entry prices to reflect the narrowing triangle.  Buy entry price, 1.4305, Sell entry price 1.4050.  These entry prices are still 50 pips (10%) outside of the triangle.  The 100 pip stop on both and limits still hold.

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