Trading Account

Trading Account

Monthly Trading Results

Monthly Trading Results

Wednesday, June 24, 2009

Good morning SNB

Today I closed all of my long trades during the large run up starting at 6:44am EST. The intervention by the SNB or one of their proxies took the EURCHF 100 pips past my target so I was able to book some solid profits today. As of now I am all cash waiting, most likely, until tomorrow morning to initiate any trades. With the Fed statement still looming this afternoon and such a strong move this morning it is prudent to wait for some stabilization before reentering the market.

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