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Hey Guys, This is Jonathan,

Written by jonathan-silver on January 29, 2010 – 12:01 pm -

getting ready to get back into the bank flow room. For those that were with us and maybe followed my usd long building positions all fall I am now locking in profit on eur. Before I stopped the room I gave the levels that would make me reevaluate my holdings, it was a weekly close above 151 for the eur, so as long as that didnt happen I would continue to add short eur and buy usd against others. This point just want to being to protect a substantial amount of profit on trades and see if we get any pullbacks. Looks like we could have a great trading market this year so will do our best to profit from it. Talk soon.

Posted in Bank Flow |

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