What a nice ride it was. The new year trading opened with a bang for EUR.
From a sure shot down pattern, expected to go to 1.4200, it took no time to turn and reach 1.4400+, all in the day. Nice to have got out of the short position at decent profits before the turn came.
I got reminded of the saying that in the markets 'anything can happen', and booking profits is a good habit to acquire.
So is this the taste of volatility to be encountered this year ?
Monday, January 4, 2010
EUR and CHF ……. cont……..
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