Well I had started one before, but it was merged with another thread. Hopefully this will be left alone!
I started trading stocks back in 2005, forex in 2006. followed Jacko's journal in about march of 2006 from another forum. won't mention the name as to not violate the rules. Have I been successful at this. Well that depends. I have made a lot more than I have lost, but I have lost a whole lot, don't get it twisted. I build show cars in Miami for high profile individuals, that's how I put food on the table. But enough on me, let me get to trading.
My bias for the Eu is weekly. I see 4 hr down trend dating back to Dec 29th. Investor sentiment has been risk aversion since last week, and Obama's inauguration is boosting dollar sentiment. I'm currently short @3411 with intentions to hold the trade till the end of the month, or until I'm stopped out. 200pip sl. Target is 2430. That area showed good support back in mid November before the December Bull rally.
I also use USDChF as an indicator to tell me if Eu moves are authentic, being that they generally mirror each other to the bar.
This is not a call, and others feel free to post your trades, or your opinions.
I started trading stocks back in 2005, forex in 2006. followed Jacko's journal in about march of 2006 from another forum. won't mention the name as to not violate the rules. Have I been successful at this. Well that depends. I have made a lot more than I have lost, but I have lost a whole lot, don't get it twisted. I build show cars in Miami for high profile individuals, that's how I put food on the table. But enough on me, let me get to trading.
My bias for the Eu is weekly. I see 4 hr down trend dating back to Dec 29th. Investor sentiment has been risk aversion since last week, and Obama's inauguration is boosting dollar sentiment. I'm currently short @3411 with intentions to hold the trade till the end of the month, or until I'm stopped out. 200pip sl. Target is 2430. That area showed good support back in mid November before the December Bull rally.
I also use USDChF as an indicator to tell me if Eu moves are authentic, being that they generally mirror each other to the bar.
This is not a call, and others feel free to post your trades, or your opinions.