Friday, February 1, 2008

Trade Update

The euro and cable have been bouncing off the sell zones nicely all week and have provided many opportunities at the same trade. If you weren’t actively trading around these areas you missed out on the drop on the cable this morning before NFP. Currently the euro looks like it’s the best candidate to short while still within the trading zone of 1.49-1.4950. Keep looking to position yourself around this area. Remember, it’s Friday so trade accordingly. Happy pippin!

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