Wednesday, July 22, 2009

Short USDCAD


Decided to add a little diversity to the matrix. 4hr VP is very short. Had a really nice move off the bottom for a late NY short. Already up 30 pips at this point, will hold for London and see if we can squeeze anymore out of it.

Still long GJ, sniff. Sometimes I wish I could take profits sooner, be happy with modest gains. But the volatitliy of this market actually gives me confidence that this will turn out a winner, will probably need to buy some on the next pullback. The VP is much lower so we are probably going to consolidate between Today's low and Monday's high.


2 comments:

ip204 said...

How do you calculate the probability bands?

Intermediate Vietnamese said...

go to forex-tsd.com and as k the admin linux. he programmed and they are not public domain. I think you might have a common language.