martes, 29 de julio de 2008

oil declines, USD up 140 pips

Sharp decline of eurusd . Sometimes I got a contrarian instinct and it always go against me. At some point I bought (!!!)  at 1.5617 ; in a matter of a few seconds eurusd reached 1.5600 , then retraced luckily for my position. Never , ever, go against such powerful movements.

All in all, I made some 8 pips net and was lucky to save my skin for this time  :-)

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