Entry: 0.9012 (nice solid support just above the psychological 0.9000 mark) with an initial target of probably 0.9030 where I will move my stop up. Distant target of 0.9080 should be possible although i think unlikely over night.
Only £1 a point as this is a purely technical trade - still would be nice to bank a cheeky £30+ while i am off having a swim.. (sorry for the crap chart quality!)
UPDATE: Made it to 0.9030, covered at 0.9028 and was immediately stopped out before the stock jumped 0.9039 and fell anyway - annoying but would have been more pissed if my 0.9080 prediction was hit. I'm not sure what I did wrong here, maybe too tight with the stop or i should not have stopped at all given I already had strong support at 0.9000 i should have let it bounce around for a while.... would appreciate views on this - this is a really common problem that i have!!
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