Tuesday, August 22, 2006

Morning Forex Recap

Trading signals for this morning so far:

8am
Short USD/CHF @ 1.2254: avoided
Long GBP/USD @ 1.8943: avoided

11am
Long USD/CHF @ 1.2284: now waiting for price pullback to reenter

On my short list: GBP/USD and GBP/JPY

Neutral stance: USD/JPY and USD/CAD

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