Thursday, June 08, 2006

Recap

I haven't posted in a while because my automated trading system has been sitting on two USDJPY longs down near 110 whilest the instrument itself has been trading near 112.50 almost for the past month.

I opened an additional account fo discretionary trading and I'm doing a lot better than I had thought I would. I am trying my hand at trading a number of different pairs simultaneously again. So far, I have been trading USDJPY, USDCAD, EURUSD, EURJPY and GBPJPY. As you can see, I've been mainly interested in Yen crosses and in the Euro.

I've been reading a lot more about market fundamentals and I'm finally starting to get a grasp on the various activities by central banks that affect the currencies I watch. I still pay less attention to the calendar than I should (i.e. when the next meetings/press releases are) but I hope to change that over the next few weeks.

I leave you with the coordinates of my discretionary trading account:This password is a read-only password so that "investors" can see how well their funds are doing; I pass it on to you so that I don't need to post all my transactions anywhere.

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