Three weeks ago (Link) I put on a short EURUSD position at 1.3115. It worked for a few hours, and then went south. I sucked wind and damn near got to where I had to cut it at a loss. Today the market got back to where I entered, so I dumped it. While I…
Over the past few weeks, we’ve had a number of discussions on trading strategy. In this article, I’d like to reiterate, and add, some key points:
1) Know your exit before you enter a trade.
Once you’re in the trade, …
Early openers are showing a distinct lack of traction: Kiwis -0.5%, Aussies -0.4%, Nikkers -0.9%, Sth Korea -0.6% and Singers -0.4%.
In the Aussie market, Financials -1.2% is the chief loser with Consumer Staples +0.8% leading the meagre selection of …