Saturday, November 24, 2007

Here it is...

I've neglected these pages to some degree. Busy, busy, busy. Besides, the trade I highlighted here took some time develop. Eventually, it came to a satisfactory conclusion and here are the results.

http://img517.imageshack.us/img517/212/gbpaudeditedty6.jpg

Turned out to be a good trade despite long wait, netting 140 pips on first exit and over 400 on next. I'm looking at AUD-CHF now. Plan is to buy it at 0.9700 and look for appreciation to 0.9850 or 150 pips. Here is the chart.

http://img147.imageshack.us/img147/1442/audchfeditedzm7.jpg

Now we wait. I'm sure this trade will not take as long as last one and I'll make it a point to visit this page more often. To see the charts just click the links.
Good trading!