Quote:
Originally Posted by Kenny Rogers
More losses. Ugh.
Trend following during chop is just no fun. I guess it's back to see Johnnie for me.
Account #1 Summary (Post Date):
Deposit/Withdrawal: 20 000.00
Balance: 34 608.26
Equity: 34 405.00
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Just closed all of the trades before the London open, got tired of watching the screen.
Finally, a breakout of the short term range! Trend is my friend! I was getting chopped left and right in that tight range.
I'm not sure which directions the institutions will push the prices. The PA is basically heading into solid resistance on the Euro, it can either reject or break through. I rather just bank the profit, and wait to see how strong the bulls or bears are in this consolidation zone. I may re-enter if it breaks out, I don't expect this to happen until US open though. Who knows? Sitting on the sideline until one side is the clear winner.
Account #1 Summary (Post Date):
Deposit/Withdrawal: 20 000.00
Balance: 38 897.23
Equity: 38 897.23
Tortoise Account Summary (Post Date):
Deposit/Withdrawal: 5 147.29
Balance: 5 203.01
Equity: 5 203.01