There is a similar scenario across other US$ crosses such are AUD, NZD, GBP... Will wait for a US trading session to see if risk is off.
Thursday, 18 August 2011
18.08.2011 - US$ trade plan
1) Short Swiss @ .800, stop @ 0.835. Divergence on 60 min RSI may signal that correction from recent US$ may be over. Risk-reward ratio is at least 1:5.
There is a similar scenario across other US$ crosses such are AUD, NZD, GBP... Will wait for a US trading session to see if risk is off.
There is a similar scenario across other US$ crosses such are AUD, NZD, GBP... Will wait for a US trading session to see if risk is off.
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