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Old 10-28-2008, 05:52 PM
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Kenny Rogers Kenny Rogers is offline
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Join Date: Oct 2008
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Kenny Rogers is on a distinguished road
I feel like I'm in the twilight zone.



I remember making a bunch of posts, and now it's all gone. Wowzas! I guess the mods decided to make some cuts in the editing room. Oh wells.

Anyways, my system is put on hold at the moment, and no trading is going to happen until this randomness blows over. Today and tomorrow, the US Feds are meeting and there is already talk of 25 to 50 basis pts reduction in US interest rates. And possibly a worldwide coordinated interest rate cut.

And of course, next week is the US presidential election as well.

I think volatility is going to remain high, therefore I will stay on the sidelines for a little longer. Yes, this is quite boring.

Maybe I'll dig up some old ideas of having a system with 100 TP and 10 SL that is trend following. And combine it with another idea I have about fading the major currencies. When you start to think that it doesn't make any sense of the logic, that is when you should pursue that idea further. To take the path least traveled.
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