Wednesday, August 6, 2008

See How i Trade on FOREX CHALLENGE ! - part 10



OKOK, Results Time again...GOOD news and BAD news...

Good News is "US STOCKS-Market rises on Cisco outlook, drop in oil" - see http://sg.news.yahoo.com/rtrs/20080806/tbs-markets-stocks-7318940.html

As i said in earlier email, USD was depreciating because Freddie Mac loss big. Sentiment was negative, USD went down. And i said, UNLESS a piece of good news came Along...That was the one...and USD went stronger. The whole US MARKET went up on that...

BAD news is...yes, you saw my portfolio in the image.
Time now is 746am 2008 07...i had lost 8740USD...

MY decision ? USD is riding volatile on their news...Now, im holding on to my bet and see if later, any news will lower USD and strengthen GBP/USD.

good day !

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