Message 15

Well, Euro has risen to just above 1.4250...the S&P has risen and the two are quite closely correlated. EUR / USD is very closely linked with risk sentiment in the current economoci environment and a good measure of that is the equity markets.

The sudden rise still surprised me somewhat...still, not complaining as have had two nice winning trades to start the new bank. Am I annoyed for exiting when there was pips to be had...not in the slightest - I can't watch the market 24/7 and so have to react addordingly. You are never going to catch a complete move but catching a big chunk of moves like that are very satisfying.

The price is exactly at the 4H downward trend line...I'm watching it and thinking about a short trade, but the price has moved up so quickly I don't expect it to move down just as fast. I will probably watch it this evening to see if it breaks through, goes sideways, if it starts to go down I be on the short side.