Daily Archives: December 7, 2007

Closed AUD/USD

Decided to close AUD trade going into the weekend due to upcoming event risk. Personally only took 36 pips on this although I saw over 50. You should begin to see more and more of these non news based trades as time goes by. At this point I have yet to take a loss on any of…

Mid day update on post AUD/USD trades.

Our AUD/USD forex trade from this mornings live session has paid out pretty nicely at this point having moved from the high of .8820 down to .8865.  I personally got in at .8808 and will likely hold for a while longer however I recomend to lock in some profits at this point. Our short term target…

Post NFP moves and looking ahead to FOMC

With the NFP out of the way and not providing enough momentum to break any level, the market will look toward FOMC to make its next move. Todays initial sell level of 11327 on the USD/CHF paid out twice how be it the second was against NFP so order moved higher in case of volatility…