Another day of drastic up and down for EUR during Asia Timing. Market moved up almost 200pips and plunge almost the same amount in the late afternoon.
Despite that, the one hour time frame showed signs of reversing i.e. market is moving up. Wonder if the news of unsustainable US economy outweighs the Europe economy that is breaking down.
Nonetheless, grabbed 12pips short EUR. Grabbed another 7pips short EUR as market retraces to Moving Average.
Your trade results will show if you are doing what is correct or you are doing what you like
Friday, May 21, 2010
Thursday, May 20, 2010
12pips short EUR
Market is ranging today. Moving average whipped up and down since Asia Timing. Short EUR and grabbed 12pips before news announcement at 10pm Asia Timing.
Your trade results will show if you are doing what is correct or you are doing what you like
Your trade results will show if you are doing what is correct or you are doing what you like
Wednesday, May 19, 2010
18pips short EUR
EUR hit all time low!
At Asia Time, 3pm odd, EUR suddenly shot down by 60pips within few seconds. Within short time, it went up again. Short EUR and grabbed 18 pips. Moving average at 5mins chart showed market is turning direction.
Your trade results will show if you are doing what is correct or you are doing what you like
At Asia Time, 3pm odd, EUR suddenly shot down by 60pips within few seconds. Within short time, it went up again. Short EUR and grabbed 18 pips. Moving average at 5mins chart showed market is turning direction.
Your trade results will show if you are doing what is correct or you are doing what you like
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