It was a quiet trading day yesterday but volatility is going to pick up again, no doubt about that. Dollar corrected lower a bit but it’s advances are not over. It’s just a matter of time before we see another equity markets sell-offs and that will benefit yen and the greenback as well.
I just set up a few new positions hoping these orders will get filled today or tomorrow. I’m buying dollar against euro, British pound, Australian dollar and Polish zloty. I will also try to sell GBP against yen(again!). The only thing to do now is to wait for a pull back to get good entry levels.
I’m doing quite well in this contest and hoping to at least double my current balance – hey it’s still not even the middle of the month.
I just set up a few new positions hoping these orders will get filled today or tomorrow. I’m buying dollar against euro, British pound, Australian dollar and Polish zloty. I will also try to sell GBP against yen(again!). The only thing to do now is to wait for a pull back to get good entry levels.
I’m doing quite well in this contest and hoping to at least double my current balance – hey it’s still not even the middle of the month.