Monday, I had a couple of currency pairs in my box. Generally, I am bullish about Aussie dollar, EURO, and kinda bearish about GBP. I went in for long positions with EURUSD, AUDUSD, and do a intraday short of GBPUSD.

GBP trade was a crap. It was a bad-timed entry. Nothing to write home about. I got -1R on this, smaller than normal R-sized for this trade though. EURUSD was a surprise. I was thinking the trade might be going nowhere, but heck, profit target 1.5800 was achieved during Tuesday asian session. Not too bad for a night’s work, around +90 pips profit. -)

Here is….CHART! another trading course commercial-like chart. lol

From the desk of Tradergav.com


More on this topic (What's this?)
Bullish on British Pound. (Emerging Index, 5/12/09)
Will the Pound Get Pounded? (Jutia Group, 6/8/09)
EUR/USD Strengthens Back Above 1.40 (CountingPips.com | Currency Trad..., 6/26/09)
Read more on EUR/USD, British Pound (GBP) at Wikinvest
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