Wednesday, March 25, 2009

Trade Update

Euro showing more strength then I think it should be. (Don't all traders say that when they are on the wrong side of a position?)

All my signals are still showing a major selloff for the EUR/USD pair...however, because of today's strength we may test 1.40 before we do come down. The charts do not lie, so I will be shorting more if we do get there. Greenback fell a little today. Also the equity markets acted a little weird today.

Look out for another swing trade like last night's.

No comments:

Post a Comment