Tuesday, November 20, 2007

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

1 Comments:

Blogger Lam's Creation said...

How to interpret fundamentals when all 3 markets show red ?

2:26 PM  

Post a Comment

<< Home