Monday, February 22, 2010

Monday Morning

Well, unfortunately none of the fibo retracements occurred.

We did have Divergence form on Aussie and Euro yens, and an ealry entry call, followed by a spike up in the EURJPY caused a tight stop to be hit. Just a tad more patience would have seen about 100pips with potential for more on the EURJPY alone. AUDJPY, like the Aussie battler it is, is still in there. Just need it to clear this 82.00 level to realise some nice profit on the trade.

8:30pm here and the markets are in desperate need of some liquidity!