"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Thursday, January 5, 2012

Start of the Year

Started the year with a loss on Eur/Usd. -54pips

Later yesterday I did a buy-stop and sell-stop, sell-stop got hit and it was moving down smoothly. While sell-stop was hit, I was on long in Usd/Chf below:

+47 pips each for both pairs.

While both Eur/Usd and Usd/Chf were moving in favour of the dollar, my Aud/Usd buy-limit hit. Afraid that the dollar would appreciate further, I closed it at +10 pips. Buy-stop of this pair was that I wanted to catch some movement while in its range.

Happy New Year.


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