Monday, April 12, 2010

Lefty Wins!

The Grinder Trader was up late last night watching the Masters.  Great final round play by almost everyone.  Watching the play of Lefty Phil Mickelsen had me thinking about visions Arnold Palmer.  When Phil hit the shot from the trees over a creek it was the 2010 version of hitching up the trousers and going for the bold play.  I hit my own aggressive shot by going long EUR/USD for a quick 20 Pips just after the market opened up on Greek bailout news over the weekend.

I'm still undecided about where we go from here.  Check out the piece in Slope of Hope by the folks at Retracement Levels.  Portugal or Spain, take your pick they say...

http://slopeofhope.com/2010/04/eurusd-a-short-by-retracement-levels.html

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