Friday, July 10, 2009

Bat out of hell


Well, I did not like the way this eur.usd trade is acting! The market has started to flash yellow lights, so I got out at BE+1, all within the space of an hour.


Why is it behaving this way? The "why" is not important - what I'm more concerned about is how I would manage it when it is not doing what I had expected it to do.


Let's move on.......


On another note, I am now thinking of adding stocks into the mix as well. Although this is essentially a FOREX blog, I will also add some of my future stock trades here. The instrument may be different, but my trading approach of relying mostly on price actions will still be applicable as well.


As they say, the more the merrier!

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