Jan 31, 2007

Position in EUR/USD , GBP/USD , EUR/GBP

I had just ended my yesterday EURO short @ 1.2930 with 30pips. As for my cable short @1.9651, I am still with it and let it either hitting my target (which is 1.9460) or my T-Stop. The reason why I keep my cable short and ended my Euro short is simply because of cable is now far more soften then Euro.

Meanwhile my EUR/GBP short order had just been executed @ 0.6624. This is the point where a Dynamic T-Line in daily chart which was resisted Jan 18th, Jan 19th, Jan 25th and also Jan 29th for furthere north searching. This is a short term trade. As a long term time frame of view EUR/GBP will keep running north if $ running stronger.

(EUR/USD now @ 1.2937 , GBP/USD now @ 1.9544 , EUR/GBP now @ 0.6619)

Jan 31, 12:00 GMT US
MBA Mortgage Applications -8.40 %
Jan 31, 13:15 GMT US ADP Employment Change -40.00 K 127.50 K
Jan 31, 13:30 GMT US
Employment Cost Index 1.00 % 1.00 %
Jan 31, 13:30 GMT US
GDP Price Index 1.90 % 1.65 %
Jan 31, 13:30 GMT Can ! Gross Domestic Product (MoM) 0 % 0.30 %
Jan 31, 13:30 GMT US !!! GDP Advanced 2.00 % 3.00 %
Jan 31, 13:30 GMT US
!!! Personal Consumption
2.50%
Jan 31, 14:45 GMT US !! Chicago PMI 51.60 p 52.20 p
Jan 31, 15:00 GMT US
Construction Spending (MoM) -0.20 % 0 %
Jan 31, 15:30 GMT US
! EIA Crude Oil Stocks 0.70 M
Jan 31, 19:15 GMT US !!! FOMC Policy Announcement 0 p
Jan 31, 22:30 GMT Aus AiG Performance of Mfg Index 52.40 p

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