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10/07/2007 10:27:32 AM -0700
I haven't had any trades for almost a
month. The markets have been
volatile and there weren't really valid
signals in the MACD or momentum
divergence.
Yen crosses in particular were the
most volatile. EUR/JPY dropped
from 165.50 level to 149.25 level in a
week. And then back up to 159.00
level in a week. Should you have
positions in the market and they are
against the trend, the stop loss would
have been hit fairly quickly.
AUD/USD also had the similar pattern.
It dropped from 0.8660 to 0.7660 in a
week before it rebounded back to 0.8260
level.
EUR/JPY daily
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AUD/USD daily
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Last
Updated:
Sunday, October 07, 2007 10:27:32 AM -0700 |
