Well that was some week, the only way to describe it especially the second half, was speak no evil, hear no evil, see no evil, or the complete reverse depending on your trading outlook.
I said on another thread I would bear ,my soul each week, good or bad.
Was this week a disaster no, can I explain some of the factors involved probably not being a swing trader, who factors in news and events.
Should the Kiwi gone up, yes based on assumptions obviously the markets disagreed.
Did the fact that it was ending the second quarter have an influence, or is it such turbulent times that bad news no longer plays a part the markets,and they’ve have had there jabs and there immune systems have built up.
Here’s my week, firstly let me tell you my weaknesses this week, I got into a verbal discussion on the forum, one which I should have ended, unfortunately it was with a verbal diarrhoea ist, my fault pride before a fall and I posted my pips count.
Wrong I then committed one of the O’s a cardinal sin, overconfident.
Beginning the first half of the on top of the world, maa, second half closed down my account Friday morning to come out and get my mental state back in repair.
Finished week -22.86
Best trade of week. SPX 500 145.5 pips
Worst trade of week. GBP/NZD -75.1 pips
Second half of week definitely damage limitation especially in the Asian markets, a lot of drifting and reversals.
26.13% to go to make monetary target for month.
1801.56 pips up for the month