Fri, Aug 1 2008, 04:51 GMT
by Anthony Samaha
15pips USDCHF Mission Accomplished
25pips GBPCHF Mission Accomplished
A. (01 August Europe) Latest Impact: Monthly Closing
Dollar index monthly closing over MA06 for the first time in 2008 is an indication that a bottom has been built for this quarter and crude oil monthly closing took the form of an engulfed bearish candle pattern pointing to further collapses in prices towards $100/bl.
B. Signal
We have a short signal on eurnzd.
Add a 2nd lot 30mn ahead of the release of NFP.
Target both positions 20pips
Limit Order Valid till 00 August
C. Mission Accomplished:
(31 July Asia) USDCHF: Sell 10430; TP 15pips
(25 July Weekly newsletter) Long GBPCHF@ 20770; TP 25pips
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on Fri, Aug 1 2008, 04:54 GMT
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