At least things are moving

After the FOMC meeting minutes came out this week, the dollar plunged and took out one of my two longs at 109.52 for a pretty substantial loss. All of the loss was profits acquired previously however and my account is still well above the starting point.

One nice side-effect (the silver lining if you will) of the end of that particular long is that my system started scalping profits immediately and closed out 6 winning trades today all over the top end of 109.

I notice that the position closed was opened long ago on the 27th of April. I wonder if I should build in some kind of failsafe mechanism for my system to bail out after a certain length of time. I'll have to run a few tests and see if that would be profitable.

The dollar is still being forced southwards by the MA(200) and it's probably just a matter of time before my other long gets taken out as well (down at 108.11).

Oh well, at least things are moving...