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"Money is made by sitting, not trading" said Jesse Livermore.

USD Cad sticky around 1.2510. Been in and out couple times, still holding short. Long Euro from 1.2066, looking for a push up to 1.2080 and beyond for a scalp.

Short UsdCad from 1.2537. Got in too early after Fed Minutes release. Anyway I knew I wanted to be short, anticipating TL break. It just came from a little higher. Still holding-- don't think USD anywhere near a bottom. It's been about a day plus correction so far-- not expecting much longer...

Closed out at a loss overall.

Took some small long positions in Cad, AUD, Nzd. Just throwing a line in the water. Not really a scalp, as I think they could move more than 30-50 points. That being said, they all have already done that, so I'm looking for bigger TF players to come in.

Of course, as I write this Cad jumps thirty points.

The model I had in my head for today was that traders would come into the New Year, see that the USD had moved down against everything, and start chasing. In other words, the move has already unfolded over the past couple of weeks, so I'm expecting a bit of consolidation here, as traders get...

It's not just the news-- it's how the market reacts to it.

It was widely anticipated

As I write this it appears that the USD wants to go lower. Cad especially had been weak and spent a long time range bound above 1.25 USD Cad. Euro I don't think it will stop now, other than some pullbacks when everyone has already bought and it's just too obvious. Anyway, going to let things set...

account. A friend asked me how I was doing. I told him I was "losing less". He laughed. At one point from the middle of August to the middle of September, was up about 50 percent, and I felt invincible, like I could just mint money. After that I started pressing too hard, refusing to take good...

Happy New Year. I keep learning in bits and pieces from all of you out there in trading land. I'm grateful for the opportunity to express myself here, and get feedback. I had a down year, about 10 percent on a small

Interesting.

Flat +++

I use it as an indicator

Gold still weak

Long usdjpy 1.1342. Stopped on Aussie, Cad. Still short Euro.

Watching Gold to see if it breaks down again.

Long USD here. Short Euro 1.1775, Aussie .7529, long USD Cad 1.2859.

Closed out the rest--Aussie, Nzd way early at a small loss. Just couldn't hold it any longer. Then, of course, the ramp up.