moneyFriend of mine rented out a restaurant for a New Year's party, so that's where I'm meeting 2008. Most of the people I know should be there before they go back to work up north. Should be fun, as it normally is with this crowd.
We updated our website. Here is the link.
http://www.spectrumforex.com/weeklycomments/12302007.html
Last week was very slow for me. The trade I mentioned in the last post was adjusted a little bit, with different entry and made a few pips. Highlight of the week.
This here looks promising to me, GBP-CHF. Seems to be ready for a serious rebound, but not just yet. I plan to start buying it in small chunks until I see a daily bullish candle. By “bullish candle” I simply mean and up closing day. That's when I want to open a large position and try to catch 500 pips or so, with a risk of 200-300 pips.
Since I'm using a daily chart, it should be understood, this might take a few weeks.
Have fun during festivities and Happy New Year!
Husar.
