A journal of commentary, signals and continuing education in foreign currency markets. All times are GMT.
Tuesday, October 10, 2006
Taking Profit
As price stalled at the 1.2530 area, we booked a small profit. Our indicators are signalling a lack of momemtum and there is a possibility of a small bear rally. We will still look to sell into rallies as the short term indicators are currently oversold.
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