Ciba
Long

Started Long Position at 168.29, kind of timid though with...

FX:GBPJPY   British Pound/Japanese Yen
65 1 0
the whole Crimea issue...

My original short was profitable in the first yellow box. Was thinking to go long at that point, but with Crimea and the MACD and RSI being where they were, I waited. Went short again, hoping for the second yellow box, but my take-profit stop was taken out again.

Now, the MACD cross and the RSI seem to be heading long and the position is close to the long term trend line (dotted line), so I went long, looking for the down sloped trend line at 168.75ish, and then see if it'll go beyond that. (oh, I like the information from Danske Bank, for the most part - they're saying long.)

again, Crimea, so I'm watching and moving my stop-loss hopefully into a take-profit stop before I turn off for the evening.
This also seems to play well with the GBP news coming out today, i.e. ramping speculation on positive news
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