We are covering our Kiwi short we sold last nite @ .7417 again here @ .7367 as the trade is working very well. I am going to leave on the other half and let it ride. I will sell any rallies over .74 again. I think it is clearly safe to trade this pair on the short side for the time being as it appears to have finally rolled pretty hard, but we have brought in half to take 50 pips off this full trade. This is another reason I love the future indices and the currency pairs, they are very technically driven, liquid, and trade 24/7 pretty much. Great opportunities to trade here.
