Tuesday 12 February 2008

Safe Trading Tuesday

Closed short AUS/USD @ 0.9044 for for breakeven

Not many trading opportunities were present today. In fact, only 1 signal out of 10 currency pairs which are currently being monitored. We are gunning for high probability trade setups which are in tune with the underlying market sentiment.

The short Aussie dollar position traded in a very tight range even after 2 hours. It was a good exit before the price finally acted against the position.

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