Not this time. | fxmadness.com
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This blog goes where few traders dare – the exciting world of Forex outside the dollar!

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August 15th, 2008 at 11:16 am

Not this time.

Very conflicting signals were sent by forex markets today. NZD got significantly stronger today, while EUR weakened across the board. Dollar remained strong, also the commodities currencies regained some ground. Over the weekend I will take a close look at longer term charts and see if I can any clues as to farther price movement. I must have a fresh head for that, and at the end of the week my mind is anything but fresh.
I had good week, especially the trades published in this blog. Out of 5 published trades, 4 made money and the last one didn’t happen. See for yourself.

eur-chf-3.jpg

Trade didn’t happen. Euro experienced severe weakness and price moved the other, never reaching entry level. Going into the weekend I have no open trades featured here. I’m going to watch some Olympics, relax and start all over on Sunday.
Have a great weekend!

Mike K.

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2
  • 1

    Good post. Your blog is really interesting. To have a good blog you should not only to add smth, but do it with your soul. You cope with it.

    Vik on August 25th, 2008
  • 2

    Thank you. Do you also have a blog?

    admin on September 2nd, 2008

 

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