Saturday, April 11, 2009

Two trades stucked on holiday season.

Entered long position on USD/JPY at 100.45 and left it over night. The next day it is trending sideways and i entered another short position on EUR/AUD at 1.8228. But it was holiday season, Good Friday and Easter Holiday on Monday. A wrong entry at a wrong time though the signal is still intact.

Ended the trade with 1 pip gain each. As it is still holiday for most part of Europe and US, i decided to end the trade earlier as there is not much volatility and direction for the most part the early session.

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