Monday, June 15, 2009

Trade Updates

Here is the what happened in the EUR/USD since my last chart (clicking on the chart gives you a clearer view):

Yesterday, I mentioned that we were at decision time with regards to the Euro/US. That decision was obviously made, so we traded accordingly. The first shorts you will see on the statement were scalps based on the break of the trendline I drew.

The latter ones are thanks to Trader Outlook. First look at the trade setup page that Bob gave us. He specifically said that his traders would be shorting the EUR/US at the triangle breakout, a break of 1.3981: (click on image)

The other trade they said they were going to do was go long the US/CAD if it closed above 1.1289 on the 4 hour chart (which it did):

Statements based on above trades here and here (pdf). We will do overall statement in a little...

No comments:

Post a Comment