moneySo I went to see the movie, “300”. It was something else. One of the strangest movies I had ever seen. To say it was blood and gore is an understatement. The extreme close ups and slow motion of fight scenes made it, well, for something I’ve never experienced. Personally, I enjoyed the movie very much, although I wouldn’t call it neither a date nor family movie,
which made it right up my alley. When it comes out on DVD it will be one of the very few movies I bother to have.
Now for my personal “300”. O.K., not quite. These 300 are pips in GBP-JPY from last week.
All right, it’s not 300 but 269 pips. I went short at 225.69 and target of 223 was reached. Incidentally, we also had this trade in our services, but we cut it short for 166 pips, as things looked shaky for a while. I decided to hold it in my personal account and it worked. And that was a highlight of otherwise slow week for me.
Here is the link to our website’s latest update.
http://www.spectrumforex.com/weeklycomments/03182007.html
Think it’s time to update my NZD tirade. I had a blind SELL order at .7010 and it wasn’t reached by a hair. I’ll be looking for a reason to go short on 1H and 30M chart in a band of roughly 100 pips wide over next few days.
I expect to be in position probably over next 2 days. I wouldn’t be surprised, however, if we enter some choppy action lasting, say a week or so before things start happening. My broad target will be 450-500 pips with maybe 150-200 pips “room to breath”. More specific numbers will be worked out when the position is established and they might be adjusted as price develops.
BTW, EUR-CHF is no longer this boring, slow moving vehicle, but a dynamic, wide-range action oriented pair. Short EUR-CHF anyone?
Husar.
