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

Thursday, December 14, 2006

Thursday CHF Rate UK Retal

Before news gbp broke with the trend, chf rate rise as expected statement was dovish so chf reversed and went to top of box.

EUR gbp took two candles got to 25 and then stopped for no reason and reversed (20) it went to 10 and then BE and then -20 eur got to (20) exactly then reversed and slowl came down chf same time short got to 10 bounced of a mid and a 4hr MA reversed then rate rise took it up

GBP retail was 0.3 v 0.0 and shot up 20 pips it hung around and then continued in the trend down

NY sold of early before snatch and it was in a intra-day downtrned all day and with the chf going up

NY - eur on news reversed -25 and then 1hr later it got (20) chf the same as euro (20) gbp short a little later 2 candles later got (20)

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