Wednesday, July 11, 2007

11 July

GU and EU forecast.

GU climbed and made new high, breaking the 2.0220 mark. My indicators show that there is more momentum to climb high. Yes indeed, I have to abandon the short position and change them to a long.

EU climbed high yesterday too, rebounded from 1.3600. I got 20pips from it, but failed to catch the long after it rebound. Today, I will expect it to go long like the pound.

No comments: