15/02/2010

Speculative EURAUD

While going throught a decending channel, a counter trend but maybe effective move can be played. Positive european news about the Grece can lead to a sharp rally of the euro with the sellers covering their short positions. This is a risky, since maybe too early move but it can be payfull using good risk management by seting a stop in case bad news surge.

Buy Stop: 1.53056
Stop: 1.52230

2 comments:

  1. Salut Joe, en regardant ton blog je me disais que ca pourrait etre pas mal de mettre un compteur pour pouvoir suivre ta performance.

    ReplyDelete
  2. I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

    Lucy

    http://forextradin-g.net

    ReplyDelete