Tuesday, September 12, 2006
We always tell people, don't try to pick the top and bottom. Play the middle. Rules were meant to be broken. I have been fortunate enough to pick near the top (click here for the top) and bottom of the recent moves on the GBP/JPY. If you would have followed my trade yesterday. (click here to see yesterdays blog) and not been "faint of heart" you would be up 150 pips and climbing. Watch for the pull backs, understand your risk and then get rid of the emotion.