I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK CPI report this morning. For the UK CPI report, we were looking to short the GBP/USD if the report came out…
Moving stops to protect a little profit on aud sells from 9070-90 and nzd from 7932, move atleast to breakeven. Still holding these entries for position trade, if dont want position you can clear for some decent intraday profit.
The verdict is in. Despite the fluctuation in world markets, 2007 witnessed robust growth in Forex trading. The results of the triennial survey of Foreign Exchange and Derivatives Market Activity, conducted by the Bank for International Settlements, paint an interesting picture of a remarkable year: “The 2007 survey shows an unprecedented rise in activity in…
Stopped out on new sell adds yesterday, levels held and provided some decent pips for intraday, but went through today for position trade, reentered sell aud 9070-9090, also taking nzd sell 7930ish.