Disliked{quote} Little wisdom I can share to you.You noticed I dont trade USD when I am not sure of fundamentals or trends I switch to relevant crosses.I have NO UC trades but do have on crosses. GC EC NC were all great set ups last 12hrs I have been trading like this for years when not sure on USD dont trade it. Oil drop had minimal effect on UC.You noticed GU dropped substantially so did the other major pairs.Bottom line opportunities plenty. You only have control over your trades but not market so what happens in the market you should not stress about....Ignored
I have created a value bias in my mind due to the fact that UC and AC offer the best band for your buck. I have to clear this bias from my mind.
One thing I love about MD is just how far ahead he was on the subject of psychology with respect to trading. Once I start feeling comfortable about my trading , I always pick up his Trading In The Zone book and it humbles me in a positive way. Continuously learning about my "inner workings".
I'm not the type of person to get stressed out , I get frustrated but not stressed out.
Right now I feel like the market is simply "toying with me" which makes me feel uncomfortable. The EDGE that I thought I had disintegrated with oil collapsing , but , that's trading.
Always appreciate your input ,
GE
"Define the risk OUT of your trade"--Mark Douglas