Tuesday, December 16, 2008

UKIUKI FOREX LIVE TRADING - FOMC 0.75 down

as usual FOMC trading, short stop 90.00 long stop 90.25 at GMT 20:15
short stop was hitted so long stop was cancelled at sameitme
TP is 30pp, i made 30p in 2min.

now i expected 0.5% down only but 0.75% which is cheaper rate than Japan.
i believe japan will cut rate under 0.25 from 0.3 so i will look for ued/jpy long
until japan rate less than US rate.

update: usd/jpy long at 89.05 at GMT 21:24


see what happened???

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