Wednesday, August 3, 2005

Breakout Confirmed: EUR/USD, GBP/USD & USD/CHF

"Sentiment is pretty bullish for the euro at the moment."

As much anticipated, the bullish price action this morning has extended the Euro position to nearly 125-pip profit. Moreover, the in-house system has also managed to raise signals for GBP/USD and USD/CHF last night. As a result, I have bought GBP/USD from yesterday price of 1.7716 and sold USD/CHF from 1.2763. I have opened these positions at collective2 and hopefully I can recoup my losses from last week.

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