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Monday, November 16, 2009

HI GUYS STILL HERE. IT IS A SLOW MARKET BUT STILL SLIGHTLY GOING OUR WAY.
CURRENT POSITIONS:

LONG GBP/YEN AT 14865 2 LOTS

LONG EUR/USD AT 14942 3 LOTS

GUESS WE HAVE TO BE VERY PATIENT HERE, AS WITH THIS GOLD PRICE EUR/USD SEEMS A BIT "UNDERVALUED" ALTHOUGH I HAVE THE FEELING THAT SOME MAJOR POWERS ARE TRYING TO KEEP IT BELOW 15000. LET'S GIVE IT SOME MORE TIME AND SEE HOW IT PLAYS OUT. FOR EUR/USD PLACE STOP NOW AT BREAK EVEN!

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