Over 800 Pips in September
I had a good run in September with just over 800 pips after accounting for FXCM's spread (which can vary a bit when trading with no dealing desk, but is generally around 2.5 pips for the EUR/USD). Almost all of it gained on going long the dollar, which strengthened quite a bit throughout the month. Nothing fancy, just one trade a day, doing what my trading system tells me.
So far I'm down 129 pips for October betting against the dollar, which looks ripe for a reversal but hasn't reversed yet. Congress finally passed the big bailout bill, and I'm curious to see how reaction plays out next week in the forex market.
Hope your trading's going well.
Labels: News
posted by The Riverman @ 4:49 PM
4 comments
4 Comments:
Hey Riverman
I just happened to discover your blog and its quite resourceful..and interesting.
Expecting that this would not only happened on that month but also through-out the year.This blog seems to be nice,great and very resourceful for us forex broker. Thanks for this post.
Do you have some newly updates??I am a fan of your sites and it seems that you are not updating your blogs how can i keep in touch with you if there`s nothing to read that will savor my interest.
How has it been going since September? It seems a lot of traders have been hit this past year due to the dollar hitting some rough patches.
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