Saturday, October 2, 2010

Drawdowns

From a drawdown of 50% on my equity at the beginning of September, I managed to claw myself back up to square one by the end of the month. Phew! Longs on EUR/USD, AUD/USD and GBP/USD paid off. Shorted USD/CHF but this was stopped out with stop loss order (though while in the black, so no complaints).

One exciting month.

EUR/USD has busted 1.37. I dont know what to think anymore, but heuristic biases should be ignored; just follow the trend (though the gap from the MAs are widening like crazy).

No comments:

Post a Comment