The Eur/Usd long entry position I placed yesterday was triggered and the Gbp/Usd is on a run. I am buying into the Gbp as well, as of late the Gbp has shown more strength than the Euro so I like that trade better. Danger being, non farm payroll in the morning. I will probably tighten my stops up and trade the announcement tomorrow morning at 8:30 est.
Blog devoted to forex trading. My thoughts will focus on technical, fundamental & inter-market analysis. My trading spans 8 years. I am series 3 & 30 licensed. My goal is to allow readers to learn, analyze & take calculated risks. My own trading improves when I document my trades. Done properly, forex trading can reduce interest rate, inflation & valuation risk. Done poorly, it can be volatile & pose significant risk. Now relax, sit back, and enjoy the ride.
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