Friday, May 8, 2009

Dollar's beat up

We could actually be seeing the sell-on-the-news scenario in currencies today. Equities opened high but have leveled off. Also the Greenback looks a little beat up so I have gone long US/CAD and shorted EUR/US. These are two fresh trades based on Fibonacci and should perform well.

(OUT OF US/CAD TRADE with a nice profit...may double up on Eur/US)

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