Dollar Can't Catch a Break! - dingo.forex

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Tuesday, November 28, 2006

Dollar Can't Catch a Break!

An update! I might actually start posting on this thing again, we'll see. Even with some dollar positive news today the dollar just can't seem to push those european currencies down from their high resistance levels. With all the big news today i expected to rake in more pips than I did, but still managed to scalp a few. I traded EURUSD on Durable Goods and Consumer Confidence reports. Trades were as follows:

  • LONG EUR/USD +9
  • SHORT EUR/USD +11
Total +20 so for the day

Still have Bernake speaking today as well as some Aussie news tonight, so I'll update further if I make any more trades. Sidelined for now.

12:14 PM | | E-mail this post

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