June 24, 2008

When flexibility matters

I closed my position (buy EURUSD) in 10 pip profit, just before German GfK. As the chart shows even a weaker than expected GfK was unable stop Euro rising. Reducing the size was the best decision but I have not that flexibility. I am going to increase my capital to let me have more effective control over my positions. (the trade plan)

No comments:

Post a Comment