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Stay Lines

Posted 02-18-2010 at 01:04 PM by zdo

Line Changes:
None.

Position Changes:
Stopped out by 5 ticks. Right back in within minutes short net 24% allocated at 10321 stop

Order Changes:
Reentered stoplosses at 10334


Comments: Stoplosses will most likely be hit again. Since I didn’t move the line when I had the insight that it needed to be above the trend line, will have to accept some whip at this 10330 level which has turned out to be quite a mean to revert to...
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zdo
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Old

Dollar Advance Torn Between Stalled Risk Trends, Hawkish Fed

Posted 02-18-2010 at 11:35 AM by DailyFX

Risk trends defined the dollar’s rally; and they can likely bring it to a close. Over the past week, the greenback’s status as a primary safe haven and funding currency was still in control; but the underlying currents of sentiment had shifted.

Be sure to join DailyFX Analysts in discussing their outlook for the Fed and its impact on the dollar in the DailyFX Forex Forum

...
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