EUR/CHF Interesting Currency Pair

THE EURO / SWISS FRANC CURRENCY PAIR
EUR/CHF

A very interesting pair.  One of my discoveries this week.

When the EURO strengthens the pair has the tendency to go up since the EURO is stronger than the SWISS FRANC (CHF).

When the US stengthens, the USD/CHF PAIR shoots up, therefore the EUR/CHF pair still has the potential to go up since this time around the SWISS FRANC is weaker than the EURO.

Reckless Forex Trading Day

Pips Be With You!

When I say this to you, it's your turn to reply back and say "Pips be with you too!"

I haven't gotten that much replies back since the PIPS have not been with me this week.  Or maybe they have been with me but on the negative side. huhuhu 

Reckless Trading

The start of this week is the most bloody experience in my Forex trading life.  I have been trading recklessly.   I thought I wouldn't be susceptible to emotional trading given my experience in stock trading, but I was wrong.  At one point, my usable margin was down at only 40% of my account and I had lots of several positions open at one time.  Every time one of the trades goes against me, I kept thinking about whether I would get called on margin.  Suffice to say, I didn't sleep very well last night.

The nightmares have started.

Wrong Call