ok, just closed my overnight short at 76.25 for 50 ticks profit...so the "short the pop" pre-report strategy works again... I normally wait until closer to the report to close, but I am worried that dollar weakness, strong overnight data from china, and being near the bottom of the recent range may provide support. Certainly, it could go lower, but it seemed prudent to take the 50 ticks. I may go long if we dip below 76 this morning (with a stop at 75.50 or so)
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whoever pointed out that neato profile study thanks! Buy order at 75.60 <a href="http://s1219.photobucket.com/albums/dd438/bswansen1/?action=view¤t=longtrade.png" target="_blank"><img src="http://i1219.photobucket.com/albums/dd438/bswansen1/longtrade.png" border="0" alt="Photobucket"></a>