Tuesday 4 March 2008

just for fun

That's a risky one but just for the fun I sold a one-month binary one-touch on GBP/USD strike 1.9950 expiring on March 31st for 86 points. It's highly risky but I see strong resistance at 1.9940 and if it is not touched in the next 48 hours - GBP will be much lower, thus allowing me to cover at a good rate.

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