ok as at 9am ....
yen the alpha bull ...rising
euro is a fading bull
GBP the alpha bear and falling
usd steady sell
others im not fussed at moment
ive made most pips off the EU buys
i missed a screamer on GU sell
ive grabbed a few GJ sells but should have sold it also earlier
so ive ballsed up probably 15 pips so far but im doing just fine despite that ......once you are able to move to fairly consistent profitability over the years a trader has to accept the many trades they will miss ......comes with the territory !
but the mindset is easy to manage ...
Q whats worse ? ....missing a trade of 20 pips or lose 5 pips on a failed stop loss ?
A - ask your bank account
N
Usd's bear has been disappointing and has faded badly north ....no EU buys offered above 1402
yen bull dominating the plays ...yen now up some 40+ pips from 6am BST
GJ solid now down to 140.30 so far from the 140.83 levels called in last post ...no complaints
EJ has been an option for me ....but ive been slow to party banking on more bull Euro
so again ive watched some 30 pips slip away ......but thats trading ....my bank balance cannot fall from missed trades ...just failed trades i should not have taken
N
GJ turned over from 140.54....decent opps from 140.50 south
we are in limbo time now gang though ...so calling it a morning ...ive done ok .....no complaints ...and also missed around at least another 30-40 pips as well.....Grrr
ok NY in motion .........
The cad bull spike has spooked the correlations
i am watching for ops to rebuy Yen .......GBP would be the possible sell
not great dynamics on the G8 ......sure you can chase CAD higher if it offers some pullbacks
sloooooow.....be patient gang
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