Usd/Jpy has met its resistance target and should bounce from here
I hope it retraces hard and deep the coming days as I could use some pips ;-)
As I have done all this month I will be sacrificing everything:
it is not so hard now, I am almost cleaned out as it is;
lessons that I will take into next month's competition
I like the new format, I had a couple of good chances presented to me,
especially as the value of keeping up a blog does not seem to be a priority on most traders list,
but there are quite some points to be made there
I have shorted the crosses first as they move the fastest usually: Gbp/Jpy and Eur/Jpy
I think there might still be some squaring away of positions, and profit taking at the end of the year
that could at least bring the majors down a bit:
I have therefore put in a Sell Stop on Gbp/Usd too,
as I see this pair going down a lot next year anyway
Good luck all, the last few days
I hope it retraces hard and deep the coming days as I could use some pips ;-)
As I have done all this month I will be sacrificing everything:
it is not so hard now, I am almost cleaned out as it is;
lessons that I will take into next month's competition
I like the new format, I had a couple of good chances presented to me,
especially as the value of keeping up a blog does not seem to be a priority on most traders list,
but there are quite some points to be made there
I have shorted the crosses first as they move the fastest usually: Gbp/Jpy and Eur/Jpy
I think there might still be some squaring away of positions, and profit taking at the end of the year
that could at least bring the majors down a bit:
I have therefore put in a Sell Stop on Gbp/Usd too,
as I see this pair going down a lot next year anyway
Good luck all, the last few days