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

Thursday, December 21, 2006

Thursday UK GDP Current Account

Looking for any buys GBP was starting to get into a pheonix and got some movement before news

EUR 18:30 eur/chf long then went 3 pips then reversed and stuck in range to top of the box got stop (-30) and (-30) late in the session gbp 18:45 and got (10)-15 pretty easy i set stop to BE and I got stopped out 2 secs before the news and then rebounded up. Just take it off next time

CAD broke out before the news

NY cad short 10 on a spike then then few mins later fell more and got to (20) before news and (40) after eurcad same got to (40) before and then (90) after eur/chf 1am broke out had to wait a few hours to get (10) and then (20) gbp at 2:45 broke short got (30) next candle

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