Finally we see increased volatility with Cable breaking-out to the upside, touching M4 resistance level and rolling over all the way to S1 support level. We are pleased that we capitalised on all major directional moves (up and down).
On the attached chart one can clearly see that we had three trades: (1) we took small profit when the market reached R1; (2) larger profit when the market retraced to PP; and (3) tiny profit when the market came down to S1 level.

Our 2011 strategy is working well,...
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