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No trades for now

No trades for now

2011-02-02 18:30:00
David Rodriguez, Head of Product
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I seem to be out of touch with the market right now, as I frankly haven't had a successful trade (except for minor USDJPY profits) in a little while. I may need to redouble my efforts or simply take a step back for a moment before I can responsibly place any real trades.

In terms of overall bias, I've lost a lot of faith in the potential for a EURUSD reversal, at least through near-term trade. Current momentum really underlines risks that the US Dollar could continue lower, and it's difficult to stick your neck out when the currency shows few real signs of major reversal. I will keep this spot updated as situations merit.

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