Monday 16 November 2009

Bernanke Talk Triggering Stops - Small Trade


Bernanke was just commenting some BS about wanting strong dollar. I didn't have my trade software open and was looking at the quotes on another webbased screen. It was suddenly 1.4904 after being 1.4970- I thought for a minute my brains gone soggy or eyes bad. So by the time I found reason why it had taken hit and started software it was 1.4930! Then I watched it twiching backward and forward - up 5-6 pips in 1 second , next few seconds down 12 pips. That got me bit nervous, but got out with 7.3 pips net. Which is fine by me. Beggars mustn't be choosers :D

I'd better not go into how I felt like shorting 1.4984 this morning and didn't. Should trust my bloody intuition more often!

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