Beating Alpha

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Just a thought – EURGBP, USDCHF

EURGBP – broke the daily short term trend when it got to 50% retracement of the longer term trend which began by the end of October 2010. There is a possibility for retest of the lows around 8388 – 8345. If the pullback towards 8525 occurs I am going to look for shorts.

USDCHF needs to take some steam of. Good SHORTING zone would be probably 9635 – 9550. Let's see …

Just a thought 🙂

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