Friday, June 22, 2007

Look at the beast go!

After a weaker than expected report was released slumped 40pips within first 3 mins settling at 114.90, The Loonie came back up to 115.70 area. Cable again testing 1.9950 resistance, will it continue its hike to 2.0000?

As for the beast, this monster stomped every single resistance level and now trading at 247.80. I like trading/watching this pair but a fearful aura clouds me all the time even when my entry signals appear. Have to be cautious with the beast as this 'thing' is known to catch traders off guard. It got me early this month....*ouch*

Slow friday today and did not make any trades. Just that one of my 2 usd/jpy trades hit limit at 124.10, im loving the rollovers. :)

Result: +93pips

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