The purpose of this blog is to track my currency trading results. I will endeavor to keep this updated with results of trades, reasoning behind the trades, and other useful information about the topic. ------------------------------------------------------ This is not investment or trading advice.
Wednesday, July 1, 2009
Tight range this week
The EURCHF is trading in a very tight range after the large moves seen over the past 2 weeks. 73 pips from top to bottom so far with my position open just over half-way up that range at 1.5260. The tight range and location of my position equals no trades so far this week. There is an ECB press conference tomorrow at the same time as the release of the U.S. Bureau of Labor Statistics monthly unemployment rate, which could explain the range seen so far this week.
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