20 Nov 2007
1. Current Positions:
Long at 2.0730, paper loss.
Long at 2.0520, paper loss, TP altered to 2.0650
Short at 2.0400, paper loss
2. Position to open today:
I will not be opening any position today.
I have 3 transaction still open.
3. Personal Expectation:
I will watch closely tonight before FOMC to make my decision to close the short position. I believe, should a uptrend occur, it will be going to be a long and big one. But of course, some form of consolidation will come first. Support 2.0400 and resistance at 2.0570
Long at 2.0730, paper loss.
Long at 2.0520, paper loss, TP altered to 2.0650
Short at 2.0400, paper loss
2. Position to open today:
I will not be opening any position today.
I have 3 transaction still open.
3. Personal Expectation:
I will watch closely tonight before FOMC to make my decision to close the short position. I believe, should a uptrend occur, it will be going to be a long and big one. But of course, some form of consolidation will come first. Support 2.0400 and resistance at 2.0570
1 Comments:
How to interpret fundamentals when all 3 markets show red ?
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