Wednesday, May 12, 2010

Covering My Short Positions

It is 7.40 a.m. GMT and I have decided to take profit of my EUR/USD, AUD/JPY and SPX trades due to the lack of clarity on smaller time frame counts and some very bullish looking signals in the aforementioned and some other correlative markets. If you have been following my trades and want to keep up to date with my intraday movements I post live update throughout the day via my Twitter account. I will be looking to re-enter all these positions from a higher level and will post updated charts (if previous counts are invalidated or begin to seem improbable) and orders when opportunities occur. Good luck!

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