My views on future trades, past trades, the market and lessons learnt

Saturday, December 09, 2006

Thursday BOE ECB before NFP

Had UK news and BOE and ECB later on and before NFP

Got my bum kicked..

Eur sess broke out at 18:00 and at 19:00 they all reversed never got more
then 2-3 pips. Just a slow reverse all the way into NY. Never looked back once was a slow decline.

Reversing at -30 took a while but the GBP did evenutally get there, euro and chf never hit the other side reversing and in fact lost.

GBP then gave a short which lost then a reverse which lost
so

EUR/NY gbp going long (-30) reversing (30) shorting (-30) reversing (-30) called it quits eur long (-30) reverse (-30) chf (-30) and (-30) eurcad long lost (-30) reverse (BE) usdcad long (-30)

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