Friday, January 13, 2006

Slow & Steady

Margin Balance : $1,614.80
1 nzd/usd + 1 usd/jpy sold
Available Position: $322,366.00

10-yr yield dropped changed by another -1.4% today. Bought 1 eur/usd as bonds continued to rise, then sold it after a rapid 60 pip rise. GOLD up big, interesting how usd/jpy is strong relative to usd/eur.

At this point some might say to step up the lots per trade to really get the compounding effect going, but I will continue going slow and steady just nibbling at opportunities so that when small opportunity turns into a big one I can really take advantage of it.

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