What a wank day and a wank week! Bloody NFP always makes for a shit week.
Anyway - got asked a question in the chat thingy. Bill asked me about the effect of midterm elections in the usa on the euro and the dollar as a whole - here's my answer.
I don't trade or have any interest in News bill. I aim to make all my trading as mechanical as it possibly can be and a mechanical system does not know when news is out, does not know if it is good news or bad etc.
So as far as the market goes i really dont know what will happen and don't care.
As far as personal thoughts. I don't like bush and think he is the most dangerous man in the world. I think a bad result for bush would result in a positive expectation for the rest of the world.
as for what it would do for the dollar i couldnt care less as long as i'm in the move, up or down :)
With all due respect Bill, you have the dumbest asshole of a president of all time. I love America and most of it's people but, like the majority of the UK, I hate Bush and the neo cons.
Now then - let me tell you all where I am in trading at the mo.
I still have a breakout on EUR/USD with points at 2810 for longs and 2733 for shorts - thats been there a day now so hopefully nfp will take it one way or whatever.
I have a breakout on USDCHF 2477 long and 2441 short - this has been in a day too and i made a boo boo - when i placed the break i had it on a 15 min instead of my usual 30 or above - so i have 2 chf trades live - one long and one short - the grid is still in place tho as you can see from the screenshot below
my third is audusd -7773 for longs and 7704 for shorts - again in for a day and 1 trade short triggered. lets see where it goes, if i get chance after nfp i'll update, if not then tomorrow or monday.