Monday, April 26, 2010

Markets at rest...

Last week ended up shaping up very nicely, even with several losses. The standout performers were short EUR/CAD and long USD/JPY. The winning trades outweighed the losses... and that's the plan! So far, there have been no new trades opened. Last week's ranges were quite wide in several pairs, so it can take some time for the price action to work its way towards the triggers.
 Being flat gives one some time to relax... there's no hurry, since new positions will doubtless be opening soon and the hand-wringing can begin anew.

Current account equity: $91.47

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