Tuesday, October 16, 2007

Forex trading 10/16/07 II

I'm laughing to myself. I got pumped up with market action and now I don't feel good that I got low reward and want more action. Things start to move ( I wasn't by the screen all the time) and around 165.60 I'm stalking eur/jpy again. Pair is falling and I think that it can't fall far, but I'm wrong. Off course I'm trading against the trend as usual.

Positions are 1/3 of the size. After finally eur/jpy moved my way I can't stand long because usd/jpy isn't acting very well. I got bunch of risk for +3 regular size pips.

I hope I will not try to trade any more today.

Forex trading
Forex trading

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