Tuesday, September 15, 2009

Finally a trade...

I am short the USD/YEN. This has been floating in positive and negative territory...as of now, it is positive. In our seminar today, Bob Iaccino was telling us that this is a much stronger setup then many other setups because it is in a wedge, and they tend to work at a higher percentage. (Clicking on the chart gives you a clearer view):



















I shorted at 91.04, with a stop of 91.94.

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