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Old 08-06-2008, 07:08 PM
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John Kicklighter John Kicklighter is online now
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My long orders triggered this morning at 108.65. Already took my first target at 109.60.

Don't know what I want to do with the second target. Perhaps a hard target far away and trail my stop and keep up with a trailing stop (though not to close as there is no doubt going to be retracements int his environment.

Watching EURJPY and GBPJPY closely to see if they can follow suit. I am still skeptical of the dollar's ability to drive a pair that is heavily influenced by its carry trade affiliations.
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