Thursday, December 18, 2008

Quick aud/usd trade

I went short AUD/USD expecting it to get down to the first yellow trendline. I got that very quickly, and some extra.



It's taking longer than I expected to get money back into my options account. I'm not sure I can make my 10% in December but I'll see how it plays out.

In my currency account I'm up 3.75% since Tuesday so I should be able to hit my 10% target for December.

Having goals has really changed my trading for the better. Working toward that goal really helps to focus on making money, keeping risk down, and not over-trading.

The weather is supposed to be awful and most people have gone home for break. The rest of today and tomorrow are probably going to be spent trading and reading.

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