My performance during the first week of June Trader Contest was OK but I was hoping for a little more. One mistake I repeated way too often was not taking profits on several trades which were positive only to turn red in the end. My lesson here is that in the times of such high volatility you have to be quick.

I made some nice profits that increased my balance by 30% when NFP data was released but I expected a follow up in dollar appreciation which didn't come Friday afternoon. So, I ended up with a Friday margin call that closed my 3 dollar long trades. The final result was I broke even.

I still expect US dollar to appreciate further early next week and EUR\USD to fall to 1.1000 - 1.0950 levels.
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