Pipcrawler's Forex Picks


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Tuesday, November 07, 2006

No signal tonight as we have the US midterm elections through out the day tomorrow. I'm not expecting much volatility until the election results are out, so my signal probably won't be effective. No sense to risk getting whipsawed out of a trade tomorrow.

As for my longer term pick, we were actually up almost +90 pips per lot at one point, but the pair never hit pt1. Now, it's back to our order entry. I will hold onto this trade, but adjust the stops on both lots to 1.9130 from 1.9150. We'll stay put and see what happens in the next couple of days. Take care, good luck and good trading!


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