i agree. what do you think about short usdjpy? (the trend is not my friend in this one...) holding short eurusd from 1,1900, now +83
Well done. I like your riding the winners. I wish I had not gone out of my short with "only" a 30 pips gain. Short usdjpy? Maybe.
maybe? could you be a bit more specific? of course it would also be a bet against my short in eurusd a bit, but i think about closing this one and go into short usd, maybe against jpy, eur, chf. but right now, short eurusd is moving nicely.
OK, but I don't follow the yen (or Nikkei) - that's the reason I'm only saying maybe. The same with CAD and AUD.
Baruch, In what kind of a situation would you take a trade without waiting for the MOM to cross over the 0 line? I know you say "Depending on the market" a lot, but what exactly do you mean by that?
ok, i think cad and aud are more influenced by the commodity story, with china saying they try to cool down there economy a bit and by this reducing the demand of commodities. i will keep an eye on usdjpy
OK - but then it must be more easy to predict cad and aud? You just have to follow the commodity prices?