Well my Aussie trade worked out and I took profit on the 2 units,but the 1 unit I had set at BE got snapped out. Pound is trading below 1.5800 and we did get a Daily close at 1.5797 now we need conformation with a close below 1.5727. If we get this I believe we are on our way to 1.5522 and then 1.5372. Currently I am short pound and have already scalped my profit on 2 units at 16 pips, and my 1 unit is up 25 pips with a slightly profit stop set. I would like to see this play out to the down side, but cable has been stubborn lately and it is all dollar related. I am hoping my wave count is correct and we are starting wave 1 of a 5th wave down. If this is the case we should reach our first target at 1.5522. Let's see?
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