Sunday, April 12, 2009

New Trades

I just shorted 2 lots of the EUR/GBP in my intermediate account @0.8987 and, earlier, in the short term account, 1 lot @0.8997. Two (technical) reasons: we have the serious break in the trendline I talked about on Friday AND we have a -70 down triangle on the pair in the very reliable MClub.

They have this cool new feature where you can get an audio update of your position when you click at the top, near the MACD and other indicators. Sort of gives you your options...great for new traders, especially. (Clicking on the chart gives you a clearer view):


p.s. There are numerous fundamental reasons for this trade which we have already discussed.

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