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


Like it? then share it :)
  • Digg
  • del.icio.us
  • StumbleUpon
  • SphereIt
  • Technorati
  • co.mments
  • blogmarks
  • Furl
  • Netscape
  • NewsVine
  • Reddit
  • Spurl
  • YahooMyWeb
Sphere: Related Content

More on this topic (What's this?)
Gulf states may establish common currency
Dollar Batters Euro
How To Make Money Trading - part (i)
Read more on Currency at Wikinvest

You might be interested in reading these as well

  • Monday’s currency trade
  • Monday’s currency trade
  • Monday’s trading
  • Monday’s Trading
  • Personal rambling
  • Tags: ,

    RSS feed | Trackback URI

    Comments »

    No comments yet.

    Name (required)
    E-mail (required - never shown publicly)
    URI
    Subscribe to comments via email
    Your Comment (smaller size | larger size)
    You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.



    Disclaimer: Tradergav.com is NOT an investment,trading, legal, or tax advisor, and none of the information available through tradergav.com is intended to provide tax, legal, investment or trading advice.Nothing provided through tradergav.com constitutes a solicitation by tradergav.com of the purchase or sale of securities/futures.

    < ? Market Blogs £ >