impatiece, that is the sin I am paying for, like a common Las Vegas gambler I got bored over the fourth of July and needed action long CHF, with no other plan than to pray and hope it goes up I never was that mighty in the first place but oh how the mighty have fallen
I am now officially in a drawdown (30% or greater below the recent new account high) and unless you consider this a post I never post when I am in a drawdown CYA next week (I did get a little help from some short AUD/USD)
Did you catch the downdraft last noc? You suggested that you were net long the dollar. Should have been a good night.
pretty quiet gap this Sunday. I have 4 pairs on 2 short USD and 2 long USD at the moment all 4 are showing me a profit for the night that is unusual hard to read that dollar I don't want to get too long or too short not much to look forward to this week, maybe Ben will say something, or maybe I will make something from the red ripe fresh tomatoes on the patio.
the best way to make moneyes in forex is to jump on trend and stay on,when usd/eur was 1,40 -1,50 ,theres was a few smart commentarries saying it will go to 90 cent,and it will for eur/usd next target is 1,1917 ,so sell any rallies if you missed eur downdraft,theres another one coming ,jump on wagen and stay put long usd/jpy 79,11 target 1,20-1,50