Monday, June 7, 2010

Risk & Rewards Plan for 8th June 2010

SEE: Fcpo august chart pattern looks more on bearish sentiment though it is better seen as neutral market.Volume for 7th June was average. if FCPO tomorrow is a black candle beneath the trend line with higher volume i advise my self to take short position with other T.A analysis as confirmation.

POSITION: need to close current position. but for offline trading i'll enter on the following position based on where market will be opening.

2440~2455~2465

RISKS:
@2505
Previous high is at 2500

REWARDS:
@20 points from enter position

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