Saturday 8 August 2009

Week P/L +171.5 + 0.4%





Quite Week - No More Trades Since TUE

Glad I stayed out on Friday. My Bias was for a bounce from 1.4220 level back towards 1.4300. Instead we're below 1.4200. Maybe I'll give long EURUSD a shot Monday.

Even though from a macro point of view you could argue that all these "good" economic figs hitting wires and US president talking of worst being behind, could put more pressure on EUR.

Just goes to show I'm a sucker for playing the bounces. I'm always looking to pick a bottom or a top. Note to self: Must change this!

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