Thursday, October 22, 2009

Thursday 22 October

Slow trading day for me as I have to be in the city most of today and I don't want a load of positions I have to worry about. 
I am watching the level that GBPCHF is bouncing off and wondering whether my EURGBP was so smart after all.  Stop is paid for so will leave it for now.

GBPUSD short 1.6570 stop 1.6610 break of overnight support
CRUDE closed 80.00, 50% retrace of daily marabuso (3.75%)
GBPUSD stopped out (-1.0%)

Open positions:
EURGBP short 90.90 stop 91.15
USDJPY long 90.75 stop 90.45

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