Trade #4: Long EUR/USD

April 23, 2008 03:21 by JEB

EUR/USD hit my buy limit order left open from last week above the top line of the rising triangle, opening a second position for me.  Since EUR/USD is somewhat negatively correlated with USD/CAD, in which I'm long, the two positions will serve as a hedge for one another.

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Categories: Discretionary Trading
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