Also think it is pointless for me to blog about markets if I am not actively engaged so blog posts will be few and far between for the rest of the year. This way I can start next year with a completely fresh perspective.
- Eg of chart highlighting possible end of trend = AUD/USD.
- Monthly : Back below 0.9849 = false upside break.
- Weekly : UpTL broken.
- Daily : SHS top.
- I should really be shorting this but fear of ruining a decent 2010 is keeping me out of markets. Ah well. As I said before, a positive 2010 takes precedent over everything else after a down year in 2009. The market will always be here for me.
3 comments:
ok, congrats and
happy holidays ahead !
yeah nice post it's a nice idea to have a holiday from trading in the last month of the year..
With the benefit of hindsight, it has turned out to be a wise decision. I would have been killed in the AUD (and others) once on the way down and again on Friday after the NFP. Thank God for Rule #12.
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