Sunday, December 30, 2007

With the new year.

Quick review of last trade posted here. I sold NZD-JPY and a week later I'm still in it at about break even. Nothing unusual, that was expected. Here is the current chart

http://img339.imageshack.us/img339/4718/nzdjpy2pn7.jpg

(As always, click on the link to see the chart).

In the meantime, a new trade is emerging. Pair is GBP-CAD and I want to buy it. Entry price is 1.9666 and a target 1.9845. That's how it looks like right now

http://img165.imageshack.us/img165/6792/gbpcadeditedze0.jpg

I'm expecting big moves over next couple of weeks. Happy New Year!
Granicus

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