Cable

After yesterdays nice move up and in to good profit, Cable today is taking out profits. Hopefully you all locked in your profits by adjusting your stops. I have been stopped out on this earlier today but have walked away with a tidy sum.

I would watch this pair after today is over to see if we get a reversal candle. As of now it looks like we are getting that but the day is not over.

USDCAD is still on it's way up towards it 1.0000 mark. Keep moving up your stops on this one to lock in porfits. Not far off our Ellipse!


Chart courtesy of Advanced Get. Data provided by eSignal.

Good luck.

FXCPS Team