Review – 1 October 2009

1 October 2009 (14:34) | Journal | By: Colin McGinley

Things have proceeded apace nicely since I’ve been back from my holiday. There have been four trades over the prior ten days, netting 250 pips in total. I seem to have reverted to two trades a week, which is definitely reminiscent of how frequently I traded during my strict BWILC days.

I think the highs near 1.4850 from last week are going to be an intermediate high for now. I have a slight dollar bull bias at the moment, as in today; although the fickleness of the market means that I’m ready to do an about face at any time.

EUR/USD chart - 1 October 2009

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