Trading Account

Trading Account

Monthly Trading Results

Monthly Trading Results

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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