Trading is 80% Emotional, 20% Technical
DislikedLol.., and you shall have them @ 12 gmt.....The only certainty is uncertainty and the only only constant is change...welcome to forex trading lolIgnored
DislikedGood day to you,
After the EU trade entered before news, I was in serious trouble. Got my window to get out, but trying to close positions during volatility with my broker, just did not happen.
Looked at the charts from all angles. MM went out the window.Took a serious risk to average higher. Very little sleep - worried. Closed the trade just now... NEVER again.
That was just plain stupid trading. NEVER again. Pure luck.
Dislikedanother word of advise, think for yourself, and never search for "expert" opinion!!!Ignored
DislikedWhat do we expect from this news a pit off up side..?Ignored
Dislikedreason why so many fail is that they need the answer, truth is to be successful, you inherently do not need to know whats going to happen next....Ignored
DislikedTodays main concentration is at 12pm when the QE news will be out. I don't trade around news and so don't benefit from the spikes caused. My aim is to maintain my consistency and so treat FX like a business rather than a gamble.
Obviously if QE is increased then GU will plummet but if not then who knows how high it will go. Either way I will wait and see what my charts are suggesting when things calm down.
DislikedYesterday was a very stressful day. Had shorted cable at midday yesterday. When the FOMC statement was released the market went bonkers!!! My account was on the very edge of falling off the cliff. Just two dollars of margin was left before it reveresed. I was sweating like i just came from playing football.
I continuously scalped yesterday after the news yesterday just to increase usuable margin. This has been a lesson. I still have my shorts. Dont want to close at a loss so I just keeping my fingers crossed.
I got a feeling yesterday that this...Ignored