After much thought and soul searching, I have decided that for 2009, I will return to higher timeframes and trade the swings that is on the 4H/daily candles. I think that will reduce my overall stress level during trading. And I will focus mainly on the Pound and Euro currencies, and other majors due to lower spreads. My equity is going to be swinging much more at the higher timeframe as I assume larger stop losses to stay in trades.

For each pair, I resolve to let my winners run and cut my losers short, and my monthly target is about 250 pips. Of course, the market will dictate how much my monthly profit will be.

Cheers, and a happy 2009.

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Life is a Gamble. You win some. You lose some. And life goes on.