Hi there
This is Crazy Cat, with the review of the week.
The last week of 2009 was extremely slow with only one report that I mentioned, and it did not hit my trigger.
Honestly, I did not expect it to hit my trigger and I provided such big trigger in a hope that in case we have a huge deviation, maybe we would try to scalp a few pips, otherwise it would simply be a no trade. The deviation was quite big but USD/JPY did not move a lot, partly because this report is not tradable right now, and also partly because of holiday season. So it was a great call to stay away. Part of the business here is to know when to enter a trade, and also when NOT to enter a trade.
Otherwise, it was nice to have a break, and I hope you had a great time.
I wish you all the best in 2010 year.
-Crazy Cat
This is Crazy Cat, with the review of the week.
The last week of 2009 was extremely slow with only one report that I mentioned, and it did not hit my trigger.
Honestly, I did not expect it to hit my trigger and I provided such big trigger in a hope that in case we have a huge deviation, maybe we would try to scalp a few pips, otherwise it would simply be a no trade. The deviation was quite big but USD/JPY did not move a lot, partly because this report is not tradable right now, and also partly because of holiday season. So it was a great call to stay away. Part of the business here is to know when to enter a trade, and also when NOT to enter a trade.
Otherwise, it was nice to have a break, and I hope you had a great time.
I wish you all the best in 2010 year.
-Crazy Cat