The purpose of this blog is to track my currency trading results. I will endeavor to keep this updated with results of trades, reasoning behind the trades, and other useful information about the topic. ------------------------------------------------------ This is not investment or trading advice.
Tuesday, November 17, 2009
Decent day
Monday was a pretty slow day for me with only 1-2 signals all day. The first was a USDJPY short, but it didn't feel right so I passed. The second came after 3pm and was an AUDUSD short. I took this trade and booked a modest 18 pips in about 10 minutes. The trade ended up going quite a bit farther, but I was keeping my stop tight once it went positive. Added to my EURCHF longs, but those should start paying off soon. Overall it was a decent day. I was patient and waited for the exact setup I was looking for, took the trade, and managed it effectively. As a trader that is all I can ask for. Now I'm just looking for the next bus.
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