Eur and Chf
Eur and Chf trades have paid out around 70 pips apiece. Your choice to take profit as intraday trades or hold for follow through. Either way lock in some profit do not let it go negative from here.
New Year
Welcome to 2008. Markets still thin condition till next week. So remain cautious, risk aversion theme and thin markets really unloading jpy pairs which is affecting chf as well. If want to trade, for now sell Eur close to 14765-75 and buy chf close to 11115-25.
Live Trade Call for January 2, 2008
I wanted 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 US Durable Goods report last Thursday. For the Durable Goods report, the plan was to go long on the GBP/USD if the release…
DetailsYear End
For traders that took adds or new trades in sell 14725-50 zone in eur or buy 11230-50 zone chf, it has paid really quickly. For traders that are averaged in with last week aggressive entries, today took position into the money. Since year end, exit is up to you, you can hold and wait till wed…
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