Dislikedthat will be 24 hours to go mate, if you want aud/usd is currently trending go for 4 hours and 1 hour to get the main trend and pull down 15 minute chart to see current trend and use 5 minute window to see opportunity to enter with less risk and high profitability position.Ignored
There is just too much going on in the World right now...I do not feel comfortable with anything.
Greece, Elections, Interst Rate decisions, US Employment figures; I plan on sitting on the sidelines this week and just observe but I will more than likely make a few well thought out conservative trades. For example the EUR/USD has gone down to about 1.3200 or so three times in the last 7-8 hours only to jump right back up 40 pips or so. If it gets down there again I dont think I will be able to help going Long even though I am very Bearish on this Pair.
Right now, nothing is making sense to me... has the whole world gone crazy or is it just me?
Take for example my favorite news feed that I read. The top 5 stories:
1. Oil Spill--no problem with that, this is a big story.
2. Greece---again, another big story. ( Is Friday the big day? I thought the big day was thwe weekend of 4/10-4/11, but it wasnt. )
3. Obama wows crowd at correspondence dinner--the US media continues to jerk off over him.
4. Goldman Sachs--another market related news worthy story.
5. Pakistan Taliban Claims Credit For Bomb That Clears Times Square--WTF??? How did this story end up all the way down to 5?
How soon we forget.
Then I hear a report of another bonb found at the finish line of a marathon race that was held over the weekend.
I think I am going to sit this week out. Things just do not feel right to me right now and I know from experience that whenever I feel this way I lose money ( no matter what the charts say ) if I try to push it. But then again I could be wrong.
QuoteDislikedjust my 2 cents
I appreciate your 2 cents very much and I will look into the above advice that you gave me.
Thanks!