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Home > Adventures in Day Trading - 8

Adventures in Day Trading - 8

May 5th, 2007 at 05:23 am

We missed out on the big slide in the Aussie dollar yesterday (it was caused by the RBA announcing that inflation was lower than expected last quarter and had a good chance of staying under control for the next 12-18 months). DW was out of the house during the day and by the time she got home and started trading the dollar had already dropped to around USD$0.8190. I did a $50K trade when it spiked up to 0.8212, and for a while it was looking good as the AUD slide back down to 0.8202 - I was holding on hoping it would go back down to previous intraday lows of around 0.8175 or so. However, it slowly began to climb back up, and I eventually closed out at 0.8208, making just USD$20 on the trade.

Text is Enough Wealth and Link is http://enoughwealth.com
Enough Wealth

1 Responses to “Adventures in Day Trading - 8”

  1. scfr Says:
    1178393068

    Well, obviously you'll just need to keep your wife locked in the house from now on. Smile

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