Short CHF 1.2665 @4:50PM Aug 24,2004
Reason : nice weekly bottom (reverse head and shoulder) format. CHF tested 1.22 for three time this year and hold very nicely.
Protective stop at 1.2265
Daily setup : nice run up on Monday. Europe time pull back but not that much. Meaning : nobody want to take profit from yesterday run up. Everybody agree the price. Wait and see New York opening for final confirmation.
I am a position trader. 20 points to100 points is not my interest. If reverse head and shoulder break, I am aiming for 1,000 points. 400 points bet for 1,000 points.
Originally posted by gz-trader at 2004-8-24 06:03 PM:
I am a position trader. 20 points to100 points is not my interest. If reverse head and shoulder break, I am aiming for 1,000 points. 400 points bet for 1,000 points.
Originally posted by gz-trader at 2004-8-24 06:03 PM:
I am a position trader. 20 points to100 points is not my interest. If reverse head and shoulder break, I am aiming for 1,000 points. 400 points bet for 1,000 points.
Originally posted by gz-trader at 2004-8-24 05:16 PM:
Short CHF 1.2665 @4:50PM Aug 24,2004
Reason : nice weekly bottom (reverse head and shoulder) format. CHF tested 1.22 for three time this year and hold very nicely.
Protective stop at 1.2265
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