Reply To: FRIDAY 04/10/2013 SYSTEMS & INTRADAY

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    Agreed K on GBP, I’m looking at the 1st Oct shooting star candle as resistance and ultimately the previous high of Sep 2012 around 1.63.

    I currently hold two cable shorts both in profit for once one with 160 pips and other with 125, stops at break even.

    Daily RSI 14 has a long way to go but the 2Hr, 1Hr and 30 min are way oversold.

    Do I take profit or do I not, as my biggest problem is I always cut my winners too soon and let my losers run.