Open trading account 
Hi,
as the end of the month is approaching I have reviewed the mistakes I have done during this month. I believe that my bet for a stronger US Dollar was correct, on the other hand I was not able to get out of the positions at the right time.
Next month I am going to use the same strategy - starting with 1H timeframe looking for entries around major support/resistance areas and holding on to positions until the next resistance or support is going to get reached.
Unfortunately the volatility in December was not very huge. Except for the big shot at the beginning of the month, where other contestants were able to make solid profit there have been some major moves, but I failed to identify the end of the trend and the following reversal.
I am convinced that most of the positions I made this month were reasonably chosen. I hope that next month I will catch a strong trend, hold on to it and will be lucky enough get out at the right time.
Regards,
defka
as the end of the month is approaching I have reviewed the mistakes I have done during this month. I believe that my bet for a stronger US Dollar was correct, on the other hand I was not able to get out of the positions at the right time.
Next month I am going to use the same strategy - starting with 1H timeframe looking for entries around major support/resistance areas and holding on to positions until the next resistance or support is going to get reached.
Unfortunately the volatility in December was not very huge. Except for the big shot at the beginning of the month, where other contestants were able to make solid profit there have been some major moves, but I failed to identify the end of the trend and the following reversal.
I am convinced that most of the positions I made this month were reasonably chosen. I hope that next month I will catch a strong trend, hold on to it and will be lucky enough get out at the right time.
Regards,
defka
