Forex Trading - Taken Out Twice Already.
Tuesday, September 18th, 2007Sentiments are beginning to shift upward-bias on intraday. The pivot level still stands at 228.32 and we going long above 228.60/65 with near-term targets @ 229.65 and 230.50 if extended. But if the pivot is violated again, we could be seeing a further downside move with 227.75 and 227.08 as targetted possibilities.
The Dollar Gains Reprieve - My Trade Clocked +245pips Today..
Wednesday, May 24th, 2006The GBP/USD traded sharply up this morning to retest 1.8860 from the low of the Frankfurt open @ 1.8727 only to head southward again. None of the better than expected CBI report mattered today. The latest weakness in the UK equity market also contributed to the ’southbound train’ movement.
