Friday, December 14, 2012

FOREX GROWTH BOT DEC 14

Happy Friday, market is overbought but I have a FGB trade open at the very top of a long bar. I don't see this trade going anywhere anytime soon, especially at the end of the week. The long term trend is still bullish on the higher time frame so there is still hope for this trade. The price has started to retrace and market is in correction mode.

Eur/Usd Dec 14

Not a very good week for the FGB down -112 pips :( but I am still up +215 pips for the month. I like to analyze my trading from a month to month basis.