Re: Busy Day Tomorrow
This week and last week has been nothing but noise, I managed to stay out until today. I made a point to stay out of trading during last 2-3 days of the month as you folks have pointed out big guys to repositioning their inventories, thus the non-direction. Somehow yesterday coincided with Fed news day so I can assume the move, but I stayed out anyway. Sitting tight sure was tough but was worth the wait, don't have to dig my way out like I used to do.
One other note I wanted to mention was I used to stay out of trading Fridays but it's been quite trendy on these days, not sure why they've been good to me.
I'm currently on a position on GBPCHF from a breakout this morning and dare I hold it until 2.12? I see it's a pretty drop and assume the pretty pop up as well without much congestion.
Last edited by torero; 05-02-2008 at 06:03 AM.
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