Music Man
Corporal
- Messages
- 91
I had an up week, but what a struggle!
The problems started innocently enough, with me placing a buy stop for a long position in AUD at the bottom of the range that had been in effect. Then, crazy stuff started happening, leaving me with a long that was way out of the money. Happily, the EURJPY was in the zone and I managed to trade my way up to a positive, despite the AUD going against me. I had hedged the AUD position in hopes it would eventually make good, but once I got into positive territory overall, I figured it would be better to NOT take that risk over the weekend. I'm just happy to be up 10% for the week.
Next week looks to be very interesting indeed. I'm thinking I'll stay with EURJPY, perhaps offset by USDCHF, as they seem to be going counter to each other. EURUSD... maybe...
MM
The problems started innocently enough, with me placing a buy stop for a long position in AUD at the bottom of the range that had been in effect. Then, crazy stuff started happening, leaving me with a long that was way out of the money. Happily, the EURJPY was in the zone and I managed to trade my way up to a positive, despite the AUD going against me. I had hedged the AUD position in hopes it would eventually make good, but once I got into positive territory overall, I figured it would be better to NOT take that risk over the weekend. I'm just happy to be up 10% for the week.
Next week looks to be very interesting indeed. I'm thinking I'll stay with EURJPY, perhaps offset by USDCHF, as they seem to be going counter to each other. EURUSD... maybe...
MM
