GBPUSD Today’s Analysis
Friday, July 24th, 2009Today’s GBPUSD play would highly depend on the preliminary quarterly GDP reports today. If this news come in trumps we might see a market reaction pushing for yesterday’s high and possibly 1.6600 mark. But any negative report should set the tone for a possible 1.6330 again.
GBPUSD Risks Sentiment Rises To 1.70
Wednesday, June 24th, 2009GBPUSD is powering ahead today from yesterday’s low of 1.6204 and is now testing strong resistance of 1.6560.
EUR JPY – Early Morning Rise
Tuesday, July 29th, 2008The overnight Asian session have set the EURJPY for an early-morning rise today. Will this sentiment hold for rest of the day? Yesterday my colleague posted our market observation. See full story,
EUR-JPY Tightening Wedge Outlook.
Beaten By The Market This Morning
Tuesday, January 17th, 2006One of the rare days for some time now. I traded Cable – GBP/USD today. My trade this morning had perfect analyses and entry but too tight a stop. As I was about leaving my trade on auto-pilot there was a war in me as to leaving my stop on 20 or 30 pips. I eventually decided on 20 as my risk level. This decision eventually cost me a possible 75pips and a further 20 pips loss. Amazing, Isn’t it?
