Friday, December 17, 2010
Too much ambiguity and seems the market can't surpass 1246. Although it's game in the past has been to gap over resistance, so a gap up Monday wouldn't surprise me. First trade of December worked, and that's good enough for me.
Posted by James Genosky at 1:03 PM
I've had fun ice fishing in December and have yet to make a December trade! 30% in November I thought I could take a little time off. I'm opening up an AUD/USD long at .98500 with a tight stop-loss on this trade at .98280. If I/we get stopped out I'll look for a better entry later. Only risking 22 pips, so no big deal.
Posted by James Genosky at 8:39 AM