Wednesday, November 3, 2010
Post-FOMC
Wild moves after FOMC announcement. Waited for the spread to narrow again and then entered 3 times and then stopped. Extreme volatility can make you lose your mind.
Labels:
forex,
trade analysis
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5 comments:
Hey Constantino,
I wish to kno 1 thing.
Why did u take the first trade..?the counter trend..
Is it becuz u were already xpecting it or u played some sort of price exhaustion.
tc..
K Singh.
1.4080 was a previous local support, affirmed twice. so i entered as price was making wild swings within a range. but you are right to insinuate that the trade was a risk. That's why i closed it on breakeven almost.
Thnx fo the info mate..:)
hava nice weekend..:D
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