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GBP/USD Position Update

January 20th, 2010 - 12:15:30 GMT

Moved stops to break even on the remaining.

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BH Forex trading

GBP/USD Update

January 20th, 2010 - 12:09:52 GMT

Took gains on the GBP/USD short position @ 1.6269

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BH Forex trading

GBP/USD Market Condition

January 19th, 2010 - 2:06:56 GMT

I just shorted GBP/USD @ 1.6419 for a swing trade. The market condition on a statistical basis is extremely overshot to the upside. The caveat of taking a position at an extreme is that it can become more extreme.

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BH Forex trading

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