Trading Account

Trading Account

Monthly Trading Results

Monthly Trading Results

Monday, April 13, 2009

Trading results 4/10

Only took 3 trades this past week which is lower than usual. However, it was a profitable week which is all I can ask for. After 12pm on Thursday there wasn't much trading going on as Europe and the U.S. were closed for Good Friday. I'm still holding the 1 long and 1 short position that have been open for a while. This does limit my ability to enter new positions but its better than taking the large loss that would come with closing either or both of those at this point. This week should be business as usual looking for both long and short entries and booking profits when possible. I still think the the SNB, Swiss National Bank, will step in as a buyer if the E/C goes to far down. 2 weeks ago it pushed all the way down under 1.5100 which put it as close as 2.5% to the point where they intervened the last time. The question is how many traders want to take the risk and sell as it drifts down because if they guess wrong it would be costly.

No comments:

Post a Comment