First post here. Thinking of starting a Forex blog not just for people to read, but as well as to go through my decisions and mistakes over time. Just a small one - I don't even have a $500USD in my FXCM micro account! LOL! But well there, here goes nothing.
Its a Friday today, risk aversion? Nope, or maybe not yet - its still early. USD being sold heavily here, but USD/JPY not moving. Prolly cos' no one wants to touch JPY till next week - no longs due to a weak USD and probably profit taking; no shorts due to intervention.
Current Position:
Long EUR/USD at 1.31257 (short term, hoping for a small profit from EUR strength)
Long EUR/JPY at 112.395 (target 114.113 resistance)
Long GPB/USD at 1.56325 (target 1.57590 upward channel)
Boy, its tiring to blog..
