Tuesday, October 19, 2010

Still over trading, and the drop in gold

Performance is still lacking, and I may have found out why. For one I am somewhat over trading, and I’ve noted that most of my losses have been incurred between the hours of 7amEST-11amEST. For now I’m just going to try improving with this over trading habit I have, and see where I am afterwards.

Some useful articles for you to read on why we had such a big move in the dollar (and gold) today:

USD gains value from Bernanke and Geithner policies
Gold slips as China rises (interest rates)

Totals for the day
Forex: (+.63%) Paper-trades
All times on the charts are Mountain Standard Time

9 trades, 3 losses, and 6 gains




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