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What a roller coaster ride! The market was so volatile towards the end of the contest it was all one could do to hang on to the reins. And the news said China was the cause. But one got the feeling that in addition to what might have been happening with the Chinese markets, there were some other many moving parts contributing to the volatility. One is conflicted in calling the volatility experienced towards the end of the contest "good" or "bad." It was good if one had a working system and it was real bad if one had a system that took some time to get into the action. Like a live snake, price would pile down on late entries and then speed away! I have never seen such action before and I have been around for a while.
Things look rather quiet now. The EUR/USD is laying quietly in a very narrow range, which could mean that it will gallop when the action resumes. I hope to hang on even if things get as volatile as last week. Or better still, stand aside till things revert to a pace I am more familiar with.
Good luck to you all this month!
See you around.