Tuesday, 27 March 2007

Evening trade

I am just watching the markets again and have put on another trade.. I know it's the evening and generally I don't put anything on at this time.. not sure if it's safe to do so or not. Do people manipulate the markets at this time I don't know? Time will tell.
Anyway, just seems to be a flurry of activity on EUR/USD and it's pushed up. It's been in an uptrend since January and just seems to want to go upwards.
I'm long from 13363 with a stop at 13345.. lets see where it goes. It's retraced just now but medium term looks good. I don't like too deep stops but it's a combination of the length of time I'm in a trade and the amount of time I'm prepared to spend staring at charts (which isn't much).
Anyway, as I speak, the long trade doesn't seem to want to go my way.. oh well! Let's see what happens!

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