Tuesday, March 23, 2010

Trading the move

This move down surprised me. Gbp weakness came out of nowhere. Eur/usd didn't move much but eur/gpp started flying up. I would bet more on the up side then down while I was watching the chart because I couldn't find much pressure from the down ticks while pair was in that tight range. When move started I didn't second guess it but trade it.

+16 pips


admin said...

I traded the same time slot, but ended up in the red, good to see another perspective

FX said...

Yeah, we trade pretty much with different style.

I have put your blog on my blogroll and in my reader.