You think that the run on the dollar is over for a while? Fading all the trends? I am tempted to do the same.
Don't know. Charts just look like it may swing that way for a time. All I try to do is limit losses, so I don't have to be afraid to be wrong.
I had lowered my stop quite a bit from here prior to sleep last night, but that doesn't matter. I didn't post it, so my stop remained here for this journal. I was stopped out at 1.5905 for a loss of 130 pips.
All major currencies except the Yen have seen their swing trends resume to the upside while I slept. That's ok for me here on the Canadian. Current price is .99080. Stop has been raised to .98320 Note: I'll need to look at buying pullbacks in the other currencies instead of trying to chase here. This is the price I pay to get a good night's sleep, but I will tell you--it is a very very good trade-off.