AdamFx42's Blog

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Up and down we go

My Nzd positions are up and down a lot the past few days
I started with a healthy profit with my Nzd longs yesterday
gaining more than 50K in a few hours
Then things slowed down and Nzd started to fall back again to previous lows
Now my longs are doing better again
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Not seeing any interesting moves today

Today, the market seems to be playing the same game again
It is up and down for both the Eur and Usd
This cat and mouse game has been going on for a while now
I bought some Usd yesterday with a tight stop loss above good support
I has to re-enter three times as support was broken then re-taken
Still, I made a healthy profit by selling Eur at the same time
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After a week of trading I have nothing to show

Last week was an exciting start to the contest for me
I gained around 50K selling the Yen against several currencies and tried for more at the end of the week,
data release of the NFP was bad for the Usd though - and the low figure cost me 50K,
so I was back down to zero profit at the close of the week
Still, I can start again, and I will be looking hard at all pairs this weekend,
trying to pick a winner -- I am inspired now to build up my earnings slowly but steadily
Usually, after a dissapoint…
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Stix 6 Wrz

Two month's ago I was 33K on the 16th of the month. I finished 13th, so always hope. Best wishes. :) :)

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