My modified buy/sell search is working better since I changed it to the correct settings. Of course I get to base that on one day of trading and the market took off on Friday. Anyway, TALX and IJH popped up on the search and look like great candidates. I do think that TALX may trade sideways for a few more months to come, but we will just have to see. I bought ARNA on Friday. Again, I am keeping an eye on this one.
As for the forex trading, I sold out on the EUR/USD on Sunday so that I can dedicate more $$ to shorting the USD/JPY. The profit from my original investment of $1,000 sported me a $5209 profit. That's right. The pair moved up 520 pips for me and I am happy as a clam. The claim of my original $2,000 investment was erroneous. I opened the account with $2,000, but only traded a $100,000 lot with the $1,000. That's what margin will do for you in the Forex market.
I currently opened a trade selling the USD/JPY. This is purely a technical trade and I am banking on the Yen to start seeing more demand. Let's see how it goes.
Good luck trading.
JD
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