I was buying from 15 all the way down to 1225, been a long road back! Long eur/aud too from 1.665 avg. Nibbling at chf/usd here, as well as cad/usd. Should be interesting, hopefully the exotics stay exotic!
Fred, you must excuse me, had a little editing problem... What do you think about the GBP/CHF...do you trade that? Michael B.
No, i trade eur/jpy, usd/chf, usd/cad, gbp/jpy, aud/nzd, eur/aud, cad/jpy, and eur/gbp. The eur/jpy is more of an investment trade than the others with the exception of aud/nzd which has been a long one too. I'm usually in a trade for a week or so seems to be the average length. I try not to gang up on one currency in particular to reduce exposure. These 8 seem to do the trick for me.
I like your style The EUR/GBP actually is an inverse correlation of the GBP/CHF. I trade the AUD/NZD and the USD/CAD and the EUR/JPY also...and I do not gang up on the exposure either and it seems that I am in a trade for about a week also...hehe I have some other things I trade too...but trying to focus...
Thanks, it has taken much $ in losses learned from to develop with the results proven for themselves..... http://www.currencychallenge.com/
Damn...good job...documented 1008% whew...and no one got near you...(maybe I am on the right track after all)
Thanks again! I was actually up that in 4 days and sat on the account for the other 6 trading days because I knew I had it locked up. I also took 3rd in thei prior contest and should have been 1st as well with over 2000% but I had an incredibly stupid eur/usd trade in the account that ate up a majority of my other gains. That's one reason I don't trade that monkey pairing anymore!!!
Yes, but for me it was one trade broken down into 25 lots Technically for the statement it was 25 one lot trades!