Thursday, 6 February 2014

Trade Update..

The EURGBP trade is now closed for a small gain nothing has been in the main fund for a little while and the only trades have been in the smaller more aggressive Fund..

I generally use the Nikkie and S&P for market sentiment and I'm keeping an open mind on the crosses atm. As I'm primarily a trend trader I believe sentiment favours Risk Off . The 100/200 dma aren't acting as support and it feels as if sentiment is for more downside...

So, I have a low volume short in the aggressive account testing market bias, I'm short AUDNZD though its against a Monthly hammer and its a bit off side...

In the main my position is Flat until more evidence comes forward..




No comments:

Post a Comment