By mike on April 19, 2010
It is 21gmt and CPI q/q will be announced in 2hrs 45mins. we advice that Pending order be removed if trade is not triggered before the announcement.
DAILY: price is trading inside a triangle. we see possible retracement to the support line after making higher high
4h: Possible bullish BAT at good support level
entry:7022
stop:6990
t1=7070
t2=7125
Posted in Pending Trades
My name is Fowope A. Mike, a mathematician and teacher, who has worked in one of the leading banks in Nigeria for 8 years. I started trading the Forex two and half years ago. I am a chartist, who vehemently believes in 'Trading what you see on the chart'. My trading concept is looking for convergences at important levels. I employ harmonic patterns, multi time frame analysis, trendlines and fibonacci retracements as my trading tools. I am a contributing editor for currency market column of stock watch magazine in Nigeria.
