Wednesday, March 14, 2007

nzdusd is stopped, overall direction is same..

Our long NZDUSD position stopped at 6907 and left us -74pips in behind.
Others are mixed. CADJPY is not going well for some days. EURCAD is moving around the same levels. EURGBP is our worst performer trade by now. EURNZD long recovered from underwater but we have also EURNZD short position and it can be closed today with a high loss. GBPAUD long is also not doing well. GBPUSD short is the best performer for some days. Total drawdown is around 1360 USD, worse than yesterday close (around 1290 USD). As my dear friend Filippou says, patience.