Thursday, May 26, 2005

Signal #2-1: Closed GBP/USD at 1.8200; Signal #3-1: Closed USD/CHF at 1.2372

"Compared to the rest of the world, the US economy is strong."
"This is the beginning of something larger."

No matter what, it is time for profit taking as our positions fought back into positive column. The results confirmed our techincal viewpoint in the end.
- Position GBP/USD yields a 70 pips profit
- Position USD/CHF yields a 80 pips profit

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