Thursday, November 08, 2007

Double Hit on EUR/USD

Went long EUR/USD at the top of the range and got slammed

Went short EUR/USD at the bottom of the range and got slammed

Actually I was looking for continuation (see blue line) and got a reversal (red line)

Globetrader_42

I'm sure not enough a cynic to see a ECB pressconference which holds the Euro within such a small range

No comments: