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Monday, June 9, 2008

Forex trading, eur-usd pair June 9 2008

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The live I call I made on the blog the previous trading made 150 PIPS.

This is from my post of Friday June 7 2008 "It is now 12:30 PM EDT. Starting at around 11:15AM, I started playing EUR/USD on short and range bound sides. EUR/USD bears: this might be a very place for you to short this pair at this price area and at this time. (remember that trading is not only about price, but also (mainly) about time). Chart of sell and buy forex operations is displayed."

I left a short position on EUR/USD for the weekend. Now it is 9:50PM on June 9. I just covered it at 1.56, for an average of 150 pips gains. I plan to re-enter if it bounces up and weakens.

Happy trading


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Happy trading,

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