My Trading Life

Seriously FXPRIMUS wat da fuq ?????? after loading the 1 m data ...............

Thank God I have left you guys.............

More fails......... FIALSSSSS

As with EURUSD , I see resistance at the current EURJPY level 138.70 ish . Proceed with caution...

data from FXPRO.

UPTrend still stands , just that I will be waiting for a deeper retracement..........

Most probably not expecting any trades from these 3 pairs today.

Conversations with MOTHER IN LAW last night during the news:

me : ma mee ah(mummy) ........ north korea and south korea are going to war. Tomorrow stock market SURE DROP !!!
Mother in law: Yes Ah ... What goes up must come down ........

Now on hindsight , AUSUSD would have been a great money making opportunity............. as AUS good proxy for China and China is just neighbours with the potentially violent outbreak

Moral of the story : Mother in law knows best.

Based on last night's activity , EURJPY has turned tricky. So best for me to avoid.

Will still look for buy opportunites on the EURUSD and EURGBP.

EURUSD & EURGBP possible to hit 50% fib targets? ?

Some Random Graph Drawings TA

Brokers and MT4 tricks they use ...............

Yesterday , a friend's friend asked me what is good amount and how much is enough ..............

I guess this question has been in the minds of the many that are 'trying'

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So the key boils down to where you live and what you want to do......

Some are happy with their jobs and want trading as a side income ..............Some want to be 'full-time traders'

Some live in indonesia or thailand ............... Some want to live in switzerland or san francisco

Some live to just feed their hedonistic aspirations ............. some want to do philanthrophy

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I came up with a rule ..................... to simplify matters.......................

Whoever you want to feed , the monthly amount/salary must be equivalent to 1 R.

So every month............ you need to nett at least 1R , cos if you aim to nett 10r per month , probability of that happening is much much lower. So make your life easy.

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What is an R ?

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How much to risk , how many times to trade ?

That depends on your methodology and personality. Every trader is different

Decluttering ~~~ my MOD of some one else indicator hack

EUR JPY shorts?

This is something new. Golden Accounts ?

https://www.dukascopy.com/swiss/engl...gold-accounts/

Which kind of trader are you ?

GPMG / Sniper / Shotgun

rich-people-increasingly-prefer-to-get-their-financial-advice-from-robots

Because humans can't be trusted ???

Brings to mind my conversation with my commercial banking friend last week......... Bankers will not bat an eyelid passing financial cocaine as nutritious vitamin pills for your business............ All the bank's clients was screwed by some fx structured product linked to yuan they pushed a few months ago.............

Looking for Opportunity to Long EU or Short UJ

Waiting for Selling Opportunities on

EU AU UJ

Note to self :

Simplistic leverage at different SL distances



I called some brokers yesterday .......... According to one of them , the leverage they got from the banks was 50:1 .... and 400:1 was abit hard to maintain with higher amounts of principal.

This kind of explains why brokers will reduce your leverage after certain amount levels and for larger accounts its harder to have high leverages and higher timeframes of trading are more suitable.

Praise to God

New million dollar views.

New start