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Friday, September 17, 2010

Trade Update for EUR/USD

Closed one more of my open postitions of EUR/USD for a nominal profit.  One unit is now left open.

OPEN POSITIONS:
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CIS* Alert Service (C039AS)

Date:   Thursday September 16, 2010, Update Friday Sept. 17

Action: 
Order to Sell 2 unit EUR/USD @ 1.3110
Action:  Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action:  Bought (closed) 2 units EUR/USD @ current market conditions(small profit)
Action:  Bought (closed) 1 unit EUR/USD @ current market conditions (nominal profit)

Take Profit:  1.28

Stop Loss: 1.3125


CIS* Complimentary Investment Strategy
Ref: sod

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PENDING ORDERS:
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None at this time.

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CLOSED POSITIONS:
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Trade (C038AS) GBP/USD position was closed at our take profit level.  :)

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From the Desk of
Aaron Reid
Forex Strategist

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