This thread is dedicated to trading news and sentiment across all major and some exotic pairs but also includes some commodities. This method of trading is not for everyone and requires more effort than technical merhods because it involves researching macro and applying that knowledge to economic and political news. Due to the speed at which trades are executed it is impossible to post trades before hand and to be honest, I am not here to provide signals or prove anything (others are welcome to try if they feel they can handle placing a trade and posting at the same time).
The type of post, when I am able to do it, will include a breakdown of the trades I have taken or what I am looking to potentially trade on the day.
Everyone is welcome to post as long as it is friendly and keep to the thread topic. I don't use charts personally but people are welcome to post theirs although it needs to be in context to the general theme of the thread.
Some general rules
1) trade related posts must include reasoning behind the trades and this includes reference to the news item that has moved price.
2) every trade must be based of fundamentals first before technicals come into play. I have no problem with poeple mixing technicals and fundamentals but you can't post trades where the technicals are your primary entry followed by confirmation with fundamentals
3) banter is allowed but coming in here and trying to mock or interrupt the thread won't be acceptable
I hope some of you struggling technical traders get some insight as to how this method of trading works, and that you can incorporate some of it into your trading without being an economist.
As to me, I can't be on here all the time and that's by choice. This method of trading gives a lot more time to be away from the screens but there is some regular research needed. I am not sure at this point how long I will be here contributing but while I am I intend to share and hopefully save a few traders from being stuck in an endless cycle of consistently losing.
The type of post, when I am able to do it, will include a breakdown of the trades I have taken or what I am looking to potentially trade on the day.
Everyone is welcome to post as long as it is friendly and keep to the thread topic. I don't use charts personally but people are welcome to post theirs although it needs to be in context to the general theme of the thread.
Some general rules
1) trade related posts must include reasoning behind the trades and this includes reference to the news item that has moved price.
2) every trade must be based of fundamentals first before technicals come into play. I have no problem with poeple mixing technicals and fundamentals but you can't post trades where the technicals are your primary entry followed by confirmation with fundamentals
3) banter is allowed but coming in here and trying to mock or interrupt the thread won't be acceptable
I hope some of you struggling technical traders get some insight as to how this method of trading works, and that you can incorporate some of it into your trading without being an economist.
As to me, I can't be on here all the time and that's by choice. This method of trading gives a lot more time to be away from the screens but there is some regular research needed. I am not sure at this point how long I will be here contributing but while I am I intend to share and hopefully save a few traders from being stuck in an endless cycle of consistently losing.