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CURRENT MARKET TREND: Down on 1/24/2020






Sunday, January 23, 2011

***NEW TRADE UPDATE*** Bought USD/CHF at the open .95675

I bought 5 lots, 50,000 shares, of USD/CHF at the gap down open today.

Tuesday, January 4, 2011

***NEW TRADE UPDATE*** Going Long AUD/USD @ 1.00600

I believe this was a 4th wave correction so we can set a tight stop-loss at 1.00285 so we're only risking 32 pips here with a potential profit of around 400. That's a pretty good risk/reward setup in my opinion.

Good luck!