Hello everyone! I have been gone for a long time but am back in the forex game now for about 5 months. I have been doing really well and improving my system daily. pretty soon I will share it with you. As for now I will be posting the trades I will be taking.
The biggest thing I realized in the forex is to go off what you feel is going to happen. Dont jump in on price too early. Truthfully nobody knows where the market is going to go. We can all assume its going to a resistance, daily low, weekly low, fib, elliot wave, support & demand, etc.. When it doesnt we feel like we need another indicator so we can catch every single move. Its absolutely not possible. If it was we would all be rich. Of course we would like to but it takes time and hours and years of dedication. You will have to blow some accounts untill you learn that you dont just trade with instinct. You have to be patient. I have turned $500 in to $35,000 in 7 weeks only to get greedy and lose it all. Yes, thats right. I didnt walk away with any of it :/. I never trade demo. Everything I do is live. You have to feel the money you earn and the money you lose. The market is a gamble and the ones who play safe and smart will walk away with pretty good money.
Anyway, for right now I am short on Aud/jpy. target#1 90.467 target #2 90.267