Tuesday, March 27, 2012

Trading Diary 27 March 2012

EURUSD



My sell at 1.33531 triggered but ran into the stop lost at 1.33851...which then promptly turned around exactly at 1.3385 into my favour again. /wrist.

I can't find another suitable supply zone to short from, so I am holding on to my buy orders for now.


XAUUSD



The price appears to be bouncing nicely off the supply at 33.1. However it is also near the bullish hourly trend line, so it might require another push from the supply zone before reaching the demand at 32.1.

With Bernanke's hint of another incoming QE, there is no way I am going to short silver or gold.


Current pending orders.



No trade running today as there is no setup.

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