Tuesday, January 26, 2010

euro $

The Euro $ is trading in a tight range this morning. I am as confident as one can be in this game that is going to break down and my target of 1.3950 for this w5 of w5 of 1 of C remains the same .
The market is at 1.4090 at the moment and i am sitting with the stop at entry.
I missed the trade in cable this morning. I felt that the news out of the UK would push it up before the fall. In fact the GDP number out of the UK was much worse than expected and it fell without the writer aboard.

Good Trading

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