So far so good. Not surprising though that this is a struggle as the GU is range bound and if anything looking like its going to move up. Hence the pound is showing some strength and in retrospect the EY might have been better for this trade (short at 160.91). The next hurdle is marked and is in the round number area of 223 - 223.50. My stop is still at break even although you could easily use the trendline for trade management. If the GU starts to fall I will stick with this but in the event it breaks long I will look to exit this early. Europe is now open so this will be interesting to see which way we go as will the London open in 45mins. House prices are also due out then which also needs careful monitoring. As always trades in real time are much more difficult than after the fact!
Last edited by tonymand; 11-26-2007 at 03:17 AM.
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