Forex Scorecard

Posted on Fr 18 Juli 2008 in misc • 1 min read

My currency positions pulled back yesterday after the mini USD rally and I decided to take profits. Entry into a position is never the hardest thing to do, its closing that position that can give you sleepless nights! I sold the majority of my holdings in EURUSD and AUDUSD for a profit but my USDCAD position was sold at a slight loss.

I'm still long with a small position in EURUSD and AUDUSD, and short USDCAD. I plan on scaling into these positions as they strengthen and weaken, respectively.

Position Summary:

  • EURUSD +47 pips
  • AUDUSD +16 pips
  • USDCAD +1 pips