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Friday 12 June 2009

Background idea when I've opened this blog was to spot only setups when I'm 100% sure. I need to keep remind it myself as when like today I don't open any trade I start to feel that maybe something is wrong with my ability.
So once again. FOREX is safe bussines as long as is treatened with caution. If I'm not sure, no position is the best position. That's all.
I also write it as I feel a bit uncomfortable that most of my gains from last week I lost this week [I still have one put option opened, it's valid till next pfiday, and if miracle won't happen I will be back where I was last week. Not bad at all, as I can take it as a kind of free lesson.
See you Monday.
I lost any idea of what may happen next. GU - my preferred pair for now goes up and away, however I would not trade it long with too much confidence. In other hand if it will cross 1.6660 [recent high on a daily] there would be even stronger evidence of rising power. There still is some limit around 2.0, it's where it was last year july, but it sopunds quite werid.

For now I'm staing away.

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