Feb 27th 2007

It was as analysis forecasted, both Core Durable and Durable Good Orders went into the negative zone.

A long position was opened on Cable to catch the direction where the pips is going and did some adjustments to the SL so it cancels out my spread cost on the bid. A pity it closed out my position after 20 - 30 minutes later as we can see the pound broke the 1.9655 resistance 10 minutes before the release of Consumer Confidence and Home Sales index.

Broke even with 0 pips and no spread losses.

AddThis Feed Button

Popularity: 7% [?]

Related Entries:
  • No Related Posts

Like the article? Subscribe to our RSS Feeds!

No Responses to “USD Durable Goods Order”  

  1. No Comments

Leave a Reply



 Subscribe in a reader




Close
E-mail It