Wednesday, August 5, 2009

Out of trade

Even though equities were lower today, the Nikkei is so far not following suit. That combined with the fact that nobody seems to want to be left behind, regardless of the fundamentals, I covered my short of the GBP/USD for a small $314 profit.

Since this was not an "official" recommendation from
Trader Outlook, I decided not to hold it. (It was suggested as a scalp.)

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