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Step back

by Gav Leave a Comment

We had some good runs in most of dollar pairs. I closed all my long dollar positions today. There were two new signals today to long USDCAD, and short NZDJPY. I left them out. Right now, dollar’s appreciation seems to be over extended, to me. Well, I am talking about short term. As much as I would like to trade again, I decided to sit on my cash right now. I might be wrong and missing opportunities, but, I feel today is a good day to step back, or take a break.

Probably, spending some time to watch Australian Open is a better idea. 🙂

Filed Under: Trading Journal Tagged With: FX, Trading Journal, USD

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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