NewstraderFX

Forex Perspectives and Opinion

"Successful investing is going against the momentum and against the things that seem most logical in the present space."

Thursday, June 18, 2009

EUR/USD Below The Trend Line

I'm holding a short EUR/USD trade to the 38.6 retracement of the last up trend. A stop would be on a close above the trend line.

at 8:18 AM

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1. EDC (17.57%) Direxionshares Daily Emerging Markets Bull 3X Shares

2. EWT (4.83%) iShares MSCI Taiwan Index Fund

3. EWZ (12.2%) iShares MSCI Brazil Index Fund

4. RJI (6.19%) ELEMENTS Linked to the Rogers International Commodity Index

5. TIP iShares Barclays TIPS Bond Fund

6. TYO (31.34%) Direxion Daily 10-Year Treasury Bear 3X

7. UGL (6.12%) Proshares Ultra Gold

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