Thursday, October 14, 2010

Quick re-cap & new levels

RE-CAPPAGE..

EUR/CAD:...Alright..keep in mind levels are for the turn..GOOD REASON WHY I refrain from the word "SWING" as clearly it was neither TOP or BOTTOM..
BUT...A few pips could have been made...I didn't take this trade

EUR/GB: Much better...


gb/chf:... NICE


CHF/JPY: Double dipper 50p X2



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MOVING ON....

EUR/GB: .8814 / .8746   ...Looking for 40+

US/CAD: 1.0093 / 1.0003  ....30+

GB/CHF: 1.5322 / 1.5180 ....70+

CHF/JPY:  85.80 / 85.10 ....40+

I'll go over all pairs on weekend as spreads are getting huge on some...not worth trading...taking a crack at EUR/CHF...Will update...NZ/JPY <--GONE..LOOKING AT 12 POINT SPREAD

NEWS: Japan/China/Euro overnight...= volatility...no use taking chances...15 to 18 pip margin in play

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