Bulldog's Calls

Bulldog

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Outllook for Aug 18th
Risk Tolerance levels in the broader market have increased and I'm looking for a stronger move into Wednesday's session. The index remains oversold and I'm seeing confirmation in our statistical indicators as well as in our computer model for some weakening in dollar.

EUR/USD - Long at a touch of 1.2293
**CPI m/m (July) due Wednesday August 18th 9:00 GMT expected -0.1%

USD/JPY - Short at 110.37

GBP/USD - Long at 1.8241

USD/CHF -Short at 1.2492

charts13.gif
 
The yen trade never executed so it's been pulled.. the other three are still open; I'm going to let them run through the end of the US sessiona and into the Asian session to see if I can get a little correction in the dollar.
 
I've finally covered the open positions eur +53, gbp - 22, chf + 48... I'll be updating the thread with tomorrows outlook in a little while
 
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