Tuesday, March 13, 2007

a new position for nzdusd, system total is still going down..

We have a new trade in NZDUSD : A long position from yesterday closing 0.6977.
This pair has spiked upside with the strong retail sales data, up 0.5% in January, which is absolitely unrelated with our trade entry of course.
The trade is now under water but we see a small recovery. Other pairs are not helping to the bottom line either. Especially EURCAD and GBPAUD are having though times.

If GBPUSD stays around 19300, we will have an opposite position (GBPUSD short) at 17:00 PM EST.