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July 30th, 2008 at 10:04 am

Patience.

One of the intangibles of trading – old patience. One has to have some in order to make it. Just take a look at this trade here. Yes, it is the same position I had been in for a couple of days. I’ve been trading actively, but since other orders were not discussed here PRIOR to placing them, than I will not talk about them. This is here-my EUR-CHF long.

eur-chf3.jpg

Trade is creeping upwards, but it seems like it takes 2 steps forward, 1.5 back. Unfortunately, that’s life in a trading world. Still waiting for 1.6370 or so, although I will review it tonight(my time) and might just close it if I find something else worthwhile to post here.

Mike K.

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