Monday’s currency trade

November 20, 2007 – 7:04 am

I was looking at GBP/CHF with an opinion of weak GBP.  I shorted GBP/CHF during the first pull back after breaking out from the range. But well, it did not work out as my initial thought. Exit the trade with -0.47 R.  -27 pips. I found it to be a bit more difficult to find opportunity in currency market recently. Market condition is kinda messy. Anyway, I will wait and see.

Here is the…..CHART!

From the desk of Tradergav.com


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