Saturday, June 28, 2008

The Reverse for the Worst

It has been a long time since i last blog.

Recently, my currency earning did move up to positive of 6k. However, the recent strengthening of EUR/USD has eroded nearly all my positive and pushing me to the brink of negative. I believe the EUR will continue to strengthen to 1.58 and above; hence, i put quite a number of limits to reduce my losses. However, I did not put any limit for the GBP/JPY as i have decided to short in for a moderate term.

If things go for the worst, i shall be in great negative and given my partner continuous lack of cash, i believe i will be in deep shit as ever. Things are going real bad and tough. I guess i shall have to endure through another volatile week.

Haiz really damn sad and disappointed. my uni fee gone ...

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