Tuesday, September 16, 2008
" $ is made by sitting..."
Got 49 pips today , which came with sitting. However, innane as the "advise" may be, it is very true. It is simply believeing in your analysis and approach and letting it unfold.
Afterall, by putting a stop , the risk is determined.
Initial, broad ranges in the eur and gbp today, what with the economic numbers and rhetoric.
Eur looks to be a descending expanding wedge, hitting my 3 targets early U.S time. Would have been nice to be more patient. LOL
Gbp looks to have more downside with 1.77 probably threathened soon.
Seeing this volatility swings to continue as the market seems still unsettled. Watch to see what longs in eur/gbp will be doing the next few days. There has been what looks like accumulation yesterday and today in early european time.
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