10am Pip Round – Up 09|07|2006

This morning was a short morning of trading. With modest targets in-house and Contributing Analyst (Ian Boersma) providing and excellent “set-up’s” in the EUR/JPY and USD/CHF – life around Hfx was very refined and focused as the market re-positioned and confirmed sentiments. While taking the  the Euro Dollar (EUR/USD) based on a reatively “foggy” analysis, the pair performed within exectations and delivered a solid +50 as of this writing (this position is closed). The Cable re-positioned (is re-positioning) and on the 1D the oveall sentiment is changing… We may actually be going into a short term Bear scenario. The AUD/USD was the start of the show today… Taken as a Game position (I am kicking myself HARD for this one) this pair delivered a solid + 37 pips and performed within the scopes of the analysis with percision.

Pair(s) Traded Real EUR/USD +50 pips
Pair(s) Traded Game AUD/USD and GBP/USD  AUD/USD +37

Total
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+50 pips Real
+37 pips Game