Day 13 … result

Market keeps gyrating, violating every single rule … waiting for direction … adding to that … rumours … FED to cut discount rate BEFORE meeting … news flashing up … then 10 secs later denied … China widens Yuan band … this means 5 mins bursts, which then are reversed … breaks, rebreaks, rerebreaks … feels like … Hey … it is December … why do you still trade?

I traded once the upside … stopped out … once the downmove … stopped out … so … I step aside … tomorrow my kids have X-mas party at school … and … as Thursday the Centralbanks will enlight us with their presence, it might make sense anyway to take tomorrow off …

Day 14 will be Thursday …

So …

Trading days - 13 … Points made -26 … Total 214.5 … Average 16.50

Roundturns - Size x 2 … Total 27 … Average 2.08

Tags: China, FED, result, statistic

This entry was posted on Dienstag, Dezember 4th, 2007 at 12:13 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.