Cut loss on long USD index today at 0.7768- Last 0.7711
- Illustrates the dangers of anticipating intra-period breaks before they are confirmed at the closing; and lack of discipline in cutting losses swiftly
- Now it looks like the down trend continues ... without me
- Unable to somersault given low mental capital
- For 4th month in a row, in difficulty again just a couple of trading sessions post NFP. Fortunately, trading size has been reduced drastically. Even so, damage to confidence severe.
- Objective simply to have a small positive this month turning out to be a struggle. When it rains it absolutely pours.
08 September 2009
USD Index : Cut Loss
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