Wednesday, April 11, 2007

Bernanke Sets Next Direction

Salam,
Last night, I sold euro/usd at 1.3452 (check my last post), and just closed my position at 1.3416, booking profits 36 pips. I bail out early because I don't want to risk my position because market is waiting for Bernanke and the gang this 2 am for its next clue and direction.

I like to say that I play real money here, not virtual money. Before putting real money back in early 2005, I'd been consistently making money through my demo. And I played demo for one full year. I knew then that I had confidence and I believe patience and emotional controls are the two most importants tenets in forex trading.
One more thing, I've been asked to post in Bahasa. I will consider it.
Good luck for tonight!

No comments: