Hi everyone,
been a while since I posted anything. I started out with a bang (not the good kind) then I was on a roll, bring in money on a daily basis with minimal lots while I was in the USDJPY a while back. Then things started getting topsy turvey and suddenly my tight stops were being booted or it was choppy so much that I never had a chance.
I seem to have hit some kind of a block now. I'm not going backwards, but I'm not going forwards either. It's quite frustrating, and I feel rather blind in these markets at the moment because they all seem to be at pivotal points where they're actually reversing thanks to a weakening euro and a strengthening dollar (I did note stocks rose and $ weakened last night though, minimally).
I was curious as to advice others who have been in my place before me have - is it time to perhaps do something a little more drastic? My analysis involves S/R, Fibonacci, MA's for general trend. I am in the middle of developing a strategy/system with set rules and such, but I'm just not hitting it. I've dropped back to demo these new things but the days are ticking by and I seem to see less and less opportunity. Perhaps it's caution or fear, or maybe I've just lost my edge...
been a while since I posted anything. I started out with a bang (not the good kind) then I was on a roll, bring in money on a daily basis with minimal lots while I was in the USDJPY a while back. Then things started getting topsy turvey and suddenly my tight stops were being booted or it was choppy so much that I never had a chance.
I seem to have hit some kind of a block now. I'm not going backwards, but I'm not going forwards either. It's quite frustrating, and I feel rather blind in these markets at the moment because they all seem to be at pivotal points where they're actually reversing thanks to a weakening euro and a strengthening dollar (I did note stocks rose and $ weakened last night though, minimally).
I was curious as to advice others who have been in my place before me have - is it time to perhaps do something a little more drastic? My analysis involves S/R, Fibonacci, MA's for general trend. I am in the middle of developing a strategy/system with set rules and such, but I'm just not hitting it. I've dropped back to demo these new things but the days are ticking by and I seem to see less and less opportunity. Perhaps it's caution or fear, or maybe I've just lost my edge...
|/ Dream as if you'll live forever... Live as if you'll die today. \|