Ascending channel, page-11

Hi GC,

thanks for replying. I'm wasn't meaning to pry, I'm curios to see how other people trade ...... and I admire how transparent you have been on your trades and the success you have had ... I'm always looking and learning.

Well the overnight dairy auction was good from a NZ farmers viewpoint but this hasn't impacted on the A/N (yet). http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11403351

As you right full y pointed out GC it has had a rapid descent over the last couple of weeks. It would be typical for a bit of a retrace or breather at this point. (It doesn't happen very often for this pair to have a consecutive 6 day Advance / Decline) But how far back of a retrace is the question - hopefully it doesn't go past your stop GC - Is this stop placed at the 23% fib retracement?

I'm still picking parity before the end of April ... and then sometime after parity with confirmation I will be going long.