The ERUSUD short I had was almost stopped out at break even. Ilang pips na lang madadali na hehe. I believe risk appetite is here to stay. Looking at the S&P it has rallied sharply on closing making a strong close to end the week. Somehow it has managed to avoid the so-called "death cross" (50 mva crossing 100 mva). Why the S&P is so important? It's because it's a strong indicator of risk appetite. Having said that, risk currencies like the AUD and the rest of the comm dollars shall lead the pack to continue the rally. Unless of course there are bad news over the weekend, I may hope to get in at a better price to short the EURUSD.
haha! a long term investor at that. Nakakainip kasi mag antay maghapon ng setup. What I did is just place entry orders at whole numbers. each with appropriate stops. Then just go away. Medyo busy na eh hehe.