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MuddBuddha

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MuddBuddha

Re: None

Tuesday, 01/25/2011 7:23:54 AM

Tuesday, January 25, 2011 7:23:54 AM

Post# of 1645
Well, I closed all my LONGS yesterday as the pullback from the high of the day was too extreme to assume a continuation of the trend.

As well, the EUR/JPY and GBP/JPY were both clearly striking a trendline that had been in place for a while.

Given all that, covering my positions was the right call. Regardless of what the media trys to relate to the overnight drop, it was simple technicals.

Currently no open trades.

I spent 90% of my money on women and drink. The rest I wasted.

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