greetings,
my interest in the FX/currency market has increased dramatically recently. this journal will document the trades taken based on our research. In addition, i do daytrade these markets utilizing unique software that pinpoints overextensions and potential continued movement in same direction--however, most of the trades in these global markets are longer term. i do average into a trade up to the risk tolerance at that time based on capital levels and have found that this "controlled averaging" works nicely ( so far anyhow) in this market.
I am expecting dollar strength this week based on our projected economic numbers and have acted on this hypothesis by shorting a substantial quantity of EUR/USD @1.2180 and 1.2190 this evening.
best,
surfer
my interest in the FX/currency market has increased dramatically recently. this journal will document the trades taken based on our research. In addition, i do daytrade these markets utilizing unique software that pinpoints overextensions and potential continued movement in same direction--however, most of the trades in these global markets are longer term. i do average into a trade up to the risk tolerance at that time based on capital levels and have found that this "controlled averaging" works nicely ( so far anyhow) in this market.
I am expecting dollar strength this week based on our projected economic numbers and have acted on this hypothesis by shorting a substantial quantity of EUR/USD @1.2180 and 1.2190 this evening.
best,
surfer
