Friday, March 09, 2007

What an Enjoyable Ride!

At this time of typing, the post-NFP fireworks is still going on, Euro is TUMBLING. Just look at the 15-M chart. Euro broke 1.3120, and if the momentum is big enough, tonight the wounded euro might test immediate support at 1.3090-80.
As soon as I knew that the NFP data is 97k, (better than forecasted) I quickly jumped, clicked at the sell trigger at 1.3146. Syukran, the price tumbled all the way down as low as 1.3100, and I took profits at 1.3105 (41 pips). Mark my words, the euro could go as low as 1.3090-1.3100. And next week...presents new outlook bearish for our beloved euro.
That's why I love to trade NFP news. Many said do not trade NFP because you might fooling with the fire, but I'm stubborn, I don't care.
So, how's our performance this week? I gained 126 pips or USD1,260 or equivalent to RM4,410.
I truly enjoy this journey everyday. I hope you will, as well.

No comments: