RahmanSL
Major
- Messages
- 2,938
I am completely out of the AUD/USD as I really don't know what to make of market direction...When I am uncertain, I simple don't trade it.
However, I have maintained one 2.0 lot size short position on the EUR/USD from 1.3292
It is in pretty big profits right now as I post, but I am quite determined to let that ride down to the 1.0000 level which I am convinced will happen within the next 3 - 6 months....i.e as long as the pair doesn't go past that 1.3292 level in which case I will open another position at the higher level and close out the first one when it's in profit.
I am still maintaining that short position on NZD/ZAR as it's still in loss but with accumulated swap fee. Will decide whether to close that out when it gets into profit...or I might just let that ride for the swap
I am short on a couple positions on Gold & one in silver today in Asian session as, from what I have observed, these metals normally goes high during the Asian session and falls during or closed to the European session.
I did apply trailing stop to some of my EUR/USD yesterday, but closed out these positions before the TS got a chance to work its magic...plus I wanted to add more equity into my account with those additional profitable EUR/USD positions since I only want to maintain 1 short position on that pair for the expected long haul down to the 1.1000 level.
However, I have maintained one 2.0 lot size short position on the EUR/USD from 1.3292
It is in pretty big profits right now as I post, but I am quite determined to let that ride down to the 1.0000 level which I am convinced will happen within the next 3 - 6 months....i.e as long as the pair doesn't go past that 1.3292 level in which case I will open another position at the higher level and close out the first one when it's in profit.
I am still maintaining that short position on NZD/ZAR as it's still in loss but with accumulated swap fee. Will decide whether to close that out when it gets into profit...or I might just let that ride for the swap
I am short on a couple positions on Gold & one in silver today in Asian session as, from what I have observed, these metals normally goes high during the Asian session and falls during or closed to the European session.
I did apply trailing stop to some of my EUR/USD yesterday, but closed out these positions before the TS got a chance to work its magic...plus I wanted to add more equity into my account with those additional profitable EUR/USD positions since I only want to maintain 1 short position on that pair for the expected long haul down to the 1.1000 level.