July 27th-July31st week
This week was tiring and frustrating and this is how typically it works out before a breakout and during wave 2(in EUR). If you noticed our losses on 29th and 30th really tested our patience and resolve. Even on Friday it almost broke our backs and we would have thrown in the towel if we weren’t patient enough and timely enough. I also have made a couple of mental erros in taking Eur/GBP and that actually threw me off my focus and had to take some losses. However that is the nature of being a trader, we have to accept some occasional lapses and still shake those off and bounce back. Since i trade the same signals i send out it gets little more tricky . I cant loose myself and at the same time i cant see you loose . That adds lot of pressure and sometimes judgement get clouded. I will do my best .I really would like to know from you folks about the utility of these signals to you . How many of you are making real money using these, how many of you are following these religiously without hesitation. I also want to know if you have any suggestion or doubts . I will try to clarify. Please validate the results. I will provide guidelines on profit taking and stops once again in the faq page. Will update that page by tomorrow
Here we go. What a cracking start for this week . I am extremely pleased that results are coming back on track. Those following the signals regularly must have noticed that we are being on our toes to keep up with the volatility and wild times. The general backdrop that seems to be emerging going forward seems to be dollar weakness in light of increased risk appetite which is evident from the stock market gains. There is also cautious optimism emerging in teh sentiment also that recession is behind us. Hope the masses wont dig a bigger hole this time and learn from the unbridled exuberence shown in the past. Lets stay focussed and one day at a time
