Disclaimer: I do not necessarily agree with these trade ideas. It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.
Todd Gordon of CNBC Money in Motion currency trading wants to get long EUR/CHF on a pullback to the .382 or .618 fib. 1/2 of the position will be added at the .382 fib and 1/2 will be added at the .618 fib.
Trade summary: Long $EURCHF 1/2@1.2075 1/2@1.1970 stop 1.1900 with no target given to calculate R:RW
Here is the rationale behind the trade:
Click here for the CNBC Web Extra video
Primarily my personal trading journal and thoughts/analysis on the financial markets (forex, futures, precious metals, inflation, stocks, economy, computerized trading strategies). I am not a registered investment adviser, and do not offer buy and sell recommendations of any given securities or asset classes. Please read disclaimer below at bottom of left panel.
Pages
- Home
- Bible Truth TV (Sermonaudio.com)
- Bear's Trading Room (Live Stream)
- Occupy Bilderberg 2012 (Live Streaming)
- Chicago Nato Protest (Live UStream)
- Occupy Wall Street (LiveStream)
- Occupy London (LiveStream)
- Occupy Chicago (Ustream)
- Occupy Chicago (LiveStream)
- Live Streaming Radiation Meters
- Japan Radiation Map / Nuclear News
- Free Stuff to Free Your Mind
- Reading List
- About Me
No comments:
Post a Comment