Monday, March 30, 2009

Good idea...Just no execution.

I thought that the Dollar was due to sell off a little against the Swissy. So my new software requires me to set a stop to short a half a contract of the US/Swissy at a price that it considers to be indicative of a downtrend. So what happens...? In the middle of the night it gaps down, past my stop, and therefore, I did not hit...oh well.

The weird part is that I couldn't find any news that would be indicative of a sudden dump like that...I mean, it's 2 in the morning there and late evening here...can't be much event risk.

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