Tuesday, June 14, 2005

Signal #8: Buy EUR/USD at 1.2143

"The euro's slide was pretty fast and the currency looks really oversold."

I will be treating this new position with extra cautious. My losses on USD/CHF is not as bad as it could be - a recoup of nearly 90 pips from the worst. The opening of EUR/USD position suggests that there is still light on the CHF position.

No comments: