No Bullshit Forex Blog, A Part of No Bullshit Network

Hello Forex Fans,

Well, its a crying shame I didnt make the stop loss of my last call a little higher. A/N turned as I anticipated and fell like a rock. Oh well, we’ll get em next time.

My new system has been doing fairly well. I have a few others doing trades with it also and it is showing nice resaults.

Anyway, the trade tonight is against the trend, but I think it will be a decent one.

N/U has retraced off its last few fib line hits and has come down and hit the 21 ema. I am looking for that to happen again.

N/U is also at the top of its channel, so all the signs are there.

Short NZD/USD @ .8050 or higher
SL @ .8080

TP @ the 21 ema ( around the .8025 )

If and when it reaches .8025, move your SL and let it run a bit. I don’t think .8000 is out of the question.

Good Luck!

Humpty

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