You must do the things you think you cannot do.

- Eleanor Roosevelt

Wednesday, July 7, 2010

Another One

Went long on the EURUSD for a 6.9 pip gain, bringing the account to $29.64. I decided to go long for several reasons. First, this market is bullish. Second, the EURUSD had made new highs. Third, this market is strong. I won't make any predictions about tomorrow, but when I saw things this evening a long didn't look too bad.

Anyway, I'm tired and have some studying to do.

PS: If I held on any longer (at least in the short term), looks like I would've given back my gains. Who knows what it will look like in ten minutes, later tomorrow, next thursday or ten years from now. But, luckily, that's not my game.

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