Wednesday, June 13, 2007

Discipline

I will place no more live trades this week until the current open positions make it or mar it:

- eurodollar - currently minus 4
- gbp/yen - currently minus 40

I closed aussie this morning at 0.8378.

There is no use catching any other market moves until I come to a definite conclusion with the existing positions.

I am not doing great today. So, reducing the number of trades is still on my agenda.

3:40 pm EST. I just checked positions and saw a gaping wound in gbp/jpy. Stopped out. Minus 90. I have no idea what caused all yen crosses jump but I took the pill (goodbye geppy - I appreciate the hospitality). Euro is still holding + 15.

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