Rabu, 01 Agustus 2007

Tuesday Good Call



Recap of tuesday's Volker account trade. I took a short hedge on the confluence of (arrow on the left) 38.2 fib, trendline and 72EMA. Closed at monday's lowest low of 1.6412.

Yesterday, high yeild bargain hunters step in and there was a good signal to go long but I wasn't at my desk, so there was a no trade. Right now, EUR/CHF is making a minor correction. I'm hoping for another rally up later tonight.

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