I just may have to do that if I hit my goal early and walk away to the next period and spend more quality time with the wife...ooohhh she would just love that....lol I am an ex-athlete so goals have just been a part of how I go about life. If I don't hit goal I don't consider that failure, atleast not until I review the trades to see if it was due to market conditions or conditions of me tradiing stupidly. Good point by the way on the end of the month/quarter, i'll check to see if there is a correlation.
Hey steady on, Mrs Cabletrader might be reading this! Rule number one, never tell the wife/kids what kind of month you've had! If it was a good month they'll spend it, if it was bad they'll be telling you it's gambling and you need to get a real job! Looking over trades is a great idea, identify any mistakes and then move forward. I imagine being an athlete you're extremely competitive but have the bonus of a built-in abilty to accept you aren't going to win all the time. I'll wait for GDP then I'm done, this is like watching paint dry.....have a good one all!
Well, got my clock cleaned on this one. Ivan Score: -1 The market has been literally aching to sell the dollar. This GDP is the reason.
Well, the Europeans started buying dollars at the 100 hour moving average last night, so my targets didn't hit and I woke up this morning down about 2%, but oil is still high and just about everyone in the country lost their job last month it appears. Took profits worth 5% of my stake on that big fall near the bottom, and looking for a new short entry point now, probably back at the 100 hour moving average, which is now resistance.
The rebound down in the Euro looks a bit overdone relative to the Yen. This looks like a good set up to buy some Euro's. Stops in around 1.5620 area and targets around 1.5690