Aud/Usd trade entry 8275 level...prices extended up towards the 83.16 level ...offers came in at just above yesterdays intraday high thus correcting itself to 61.8% level where a bid tone held prominently....currently long with a fairly low risk to the downside in anticipation to the 8350 level
Wednesday, May 26, 2010
Eur trade and Aud trade
Aud/Usd trade entry 8275 level...prices extended up towards the 83.16 level ...offers came in at just above yesterdays intraday high thus correcting itself to 61.8% level where a bid tone held prominently....currently long with a fairly low risk to the downside in anticipation to the 8350 level
Tuesday, May 25, 2010
Monday, May 24, 2010
EUR/JPY trade
EUR/JPY entry long @112.27 for an anticipated extension upwards keep the downside risk relatively
tight for an anticipated extension to the 85 level
though offers are coming in at the 20 ,21 level
I closed out the trade at a +5 pip ,as my feeling is it wont take much to move price to the down side risk even though we are seeing 33 -35 bids ,I consider this trade a weak long position
recovering
Hi there guys ...I know I have not been on lately or posted trades but unfortunately I was involved in a car accident ...but hopefully I am back in action
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