Tuesday, February 5, 2008

Update for 20080205

Current positions
  • USDCHF: stopped out for +400p profit. Had a huge bullish bar today that hit my stop at 1.1000 for profit.
New positions
  • Short EURUSD 3 lots at 1.4646. Weekly stochs are headed down, daily stochs broke the 76.4 level, and we saw resistance at 1.4950 a few days ago, so I'm bearish.
Pairs to watch
  • A whole lot of fishnets out there recently, don't get caught!

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