Really; My Thoughts Exactly
The currency pairs put in the “Flying
Wedge of Death” formation today; pick your pair. In hindsight, it was indecision
Tuesday from the get go.
I made 3 trades today; one was a
slight winner in EURUSD, one was a slight loser in EURUSD, and one was a slight
loser in EURJPY. Overall, losses were about 1%.
Algorithm signals today were not
winners very long. I’m looking for bigger gains than fractions, and as a result
we have to hang on to positions longer. Generally speaking, I’m looking for
gains that will produce 2% - 5% or more, while holding losses in the 1% range
or lower.
Daily Recap
Start NAV 1.0241
P/L: (0.0122)
End NAV 1.0119
We will attack it again tomorrow. Have
a good day everyone.
-vegas
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