Thursday, August 4, 2005

Profit Booked; New Breakout: EUR/CHF

"The market is looking to take a bit of a breather.''

I have decided to book my profits and stay away from yesterday positions. There could be significant fundamental developments ahead of the interest-rate decisions and US job report. Yesterday sizeable profit has propelled myself back into the positive region in collective2 site. See my trades here.

Meanwhile, by being conservative, I am trading (sold) EUR/CHF on the technical side today
due to a recent chart breakout.

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