Tuesday, March 11, 2008

11 Mar 2008

GJ
In addition to the following open long position, 213. 212.2, 211.2, 208.1, 206.65 and 206.2,
I am placing another long at 203.7

So far I am enjoying the interest earn and of course my expectation is that it will be a matter of time a big reversal will take place for this pair. It has been hovering around the year low support. Even so, it it were to break it, the next support is the physchological price of 200.0

GU
Yesterday, short order filled at 2.0178, TP 2.0147 (+30 Pips)

I am expecting the price to hovers around EMA100 (2.011) (1 hour chart) and EMA200 (2.0036) (1 hour chart) today and break out of EMA200 (2.003) (1 hour chart) towards support at EMA200 (1.998) (daily chart)

I have place a short limit order at 2.0107, TP 2.0040
Also a long limit order at 1.998, TP 2.0020

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