Tuesday, July 31, 2007

Trades looking good for now

On Monday, I checked the charts and I found out that Fiber's low on Friday was 1.3620, 20 pips away from my target of 1.3600. So I decided to jump in.

Cable hit a support level at 2.02. I entered a long position there as well.

I have a bit of problem. I really wanted to pyramid because this is the best time to pyramid, but I'm out of margin. This is what I hate about Oanda. 1:50 leverage is too damn low. The ideal leverage for me is 1:100.

Let's see how the trades turn out today.

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