Monday, March 30, 2009

Interesting things are being indicated here

All the Yen crosses were down overnight. People are taking their money and going into Greenback and Yen...SP futures down 25 (it's going to be ugly.)

Looking for cable or Euro/US short. Interesting that the only currency that was holding its own against the Yen was the Dollar...now that is weakening. Remember I had a stop to buy the cross...but it never hit. ("Just placed a buy stop to buy 2 Lots US/Yen at 98.82. Penetrating 98.80 is bullish.")

My trades are going well. Please look for update soon.

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