Taking the Day Off

No need to wade in this market.

Maybe setting in the reversal, maybe setting up for lurch higher...Sometimes taking a day off can save you a lot of money.

Not worth the risk when you can find out by waiting on the sidelines.

Time for me to do some CAD design and perhaps some yard work in prep for spring.

What are you going to do on your day off?

accupuncture to get rid of this massive computer buzz eating my brain

I only trade when the setup is good. There was just one today; missed it. Oh, well, there is always tomorrow.

Yup - no position can indeed be a position .... have a good break

Now that you phrase it this way, I remember some author writing how retail traders have one advantage over institutional traders: we can choose to be out of the market on one day while institutional traders must trade every day.

Well, got some chores done...

Looking at my EURAUD short I closed earlier, shoulda, woulda, coulda netted me over 100pips if I just let it go. But I am pleased to have at least interpreted my new trading strategy properly, it just was taking too long for the exposer in the uncertain market.

The dollar weakness is unbelievable.

Back to other stuff...

Good luck.

Not worth it.

No idea what will happen this week.

Will it get even uglier for USD?

Or will there be HUGE reversal, on the rate cut just to stick it to the momo players?

Yup. It's definitely going to get interesting. Yen crosses are really getting some action now.

I ended up doing a 20 pips in 5 min scalp before bed last night. EURAUD is unbelievable in it's action...makes JPY pairs look mellow.

I am going to work in my garden maybe take the kids to the park later. I think it is extremely valuable for traders to give themselves regular days off. It does help to clear the brain!