Wednesday, 24 March 2010

EURCHF +10.1pips

Open time: 23-03-2010 22:07:48 CET
Close time: 24-03-2010 12:43:59 CET

P/L USD: 94,39
P/L Pips: 10,1

Open price: 1,42738
Close price: 1,42839


I have to look at that small profit as something I can relate to day to day. So from that perspective my little bet on EURCHF filled my petrol tank and bought me and a companion a light lunch in the sun.

I was wrong with my recent statement, that only when SNB intervenes on EURCHF is it much to trade. It's had a pretty hard fall compared to what it did at the turn of the year.

At the moment headlines are way too negative on the EUR I feel. After all: the US and the UK are the ones with the serious sovereign debt problems looming over the 2011/12 horizon.

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