Day 407: Tricky day

Profit: $2.85 Total:$1,103.50

It’s been a tricky day in the market because there was no real force in direction. Dollar still looks unstable but still doesn’t look like it wants to give up. August is a pretty slow month for the markets so I’m not surprised by the lack of movements. Yellen’s due to speak tomorrow, perhaps she can shed some light on what the Fed’s are thinking.

In slow markets I try to stay very cautious and not make stupid mistakes. Being stuck in a wrong trade in a frozen market feels like a dragging painful death. In slow markets, it’s better to not take risks and end the day at a positive. Let’s see if Yellen can bring life to the markets tomorrow.

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