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Monday, December 21, 2009
Holiday Sleigh Ride
Bearish sentiment has remained, keeping the pair below .8900 which bodes well for the trade. Dow's up near +100 for the day, and the Aussie doesn't seem to mind.
Moving stop to .8940 to remove some risk. This is today's low plus some ATR based wiggle room. If it nears there a re-entry should be planned.
I'm a self-taught, individual trader, 30 years of age. I decided to start this blog to share trade ideas & thoughts about market action. I hope to invite criticism from those more experienced than myself, & questions from those just starting out in order for all to benefit. Zeke Logan is my way-cool alias. Also, in the profile picture above you can see my assistant, Azumi, the feline trading ninja. Her alias is Mieux-Mieux.
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