So when I last posted I was long USD/JPY, short FTSE and DAX. It hasn't been a total massacre but I did take small losses on all of them. Overall I am still up in profit from my first FTSE trade so all is well. I attribute those losses to the fact that they were all countertrend trades. I got greedy and tried to win more my trading the corrections as well. Clearly there is still strength here so it is better to approach it from the long side.
Additionally, I have been long GBP/JPY since 17/01/14 and I added to my position on 20/01/14. With the recent jobs data that came out today, there has been a large spike up in GBP across the board so currently I am profiting nicely from this trade. You can see the chart below:
This is it for now. Good luck trading!
No comments:
Post a Comment