daz, I never give advice m8. It's just a common sense approach to trading.
When you say "is it not safe to re-enter until jan ?"
In what context do you mean, because a position this morning at 5.3 on confirmation would have already given you 2-3 pips.
If you mean a short term position, for me it's only safe once strength re-enters. That's why I wouldn't buy in the low 6s today and I wouldn't buy until this hit a major tipping point. I've posted for months that this wasn't going any where. Perhaps a few can see that TA certainly does have a place on all forums.
NWE Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held
