Good day all and welcome to the NY session 
I loveeeee New York coz am only sooooo veryyyy freeeee during NY session
I loveeeee New York coz am only sooooo veryyyy freeeee during NY session
- #11,102
- Mar 23, 2010 6:52am Mar 23, 2010 6:52am
- | Joined Mar 2010 | Status: Maverick Trader | 103 Posts
Is there any other pair I should know about that is considered risky? That acts like CAD?
1. CAD depends on oil, they one of the larges export countries in the world and especially USA burns their stuff.
2. AUD depends on gold. Untill last week, I didn't know that by myself.
I think, this article about AUD could be interessting: http://au.biz.yahoo.com/forex-educat...an-dollar.html
...the Australian dollar has usually served as a proxy for gold due to the fact that Australia is the second largest producer of gold after South Africa. Fluctuations in the price of gold have seen corresponding rise and falls in the Australian dollar.
- #11,103
- Mar 23, 2010 6:55am Mar 23, 2010 6:55am
no kumos in the sky means that Germany is out of trend bro llooooll
here it is crazy bro , friday it was stupid hot 30c and monday it was 10c
no trend to follow also in here lloooooolll
- #11,104
- Mar 23, 2010 6:56am Mar 23, 2010 6:56am
- | Joined Mar 2010 | Status: Maverick Trader | 103 Posts
no kumos in the sky means that Germany is out of trend bro llooooll
here it is crazy bro , friday it was stupid hot 30c and monday it was 10c
no trend to follow also in here lloooooolll
lllooooooollll ma hometown also got no trend. cant see much the sky and the mountains coz it covered by haze llllooooooollll
- #11,106
- Mar 23, 2010 7:04am Mar 23, 2010 7:04am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Good day all and welcome to the NY session
I loveeeee New York coz am only sooooo veryyyy freeeee during NY session
- #11,108
- Mar 23, 2010 7:07am Mar 23, 2010 7:07am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
closed a nice short after the kumo breakout in m15
- #11,111
- Mar 23, 2010 7:17am Mar 23, 2010 7:17am
yeeaaahh broo never ever miss the kumo breaks
i loveeeee scalping eu especially during NY session
Patience is key.
- #11,112
- Mar 23, 2010 7:28am Mar 23, 2010 7:28am
yeah, especially in the start of NY... think ill try to watch eu during this time everyday. one such nice trade is enough for the whole day. after closing it, just close the platform and dont look at the charts again
and they only trade when the major sessions like UK and NY are about to open
- #11,113
- Mar 23, 2010 7:29am Mar 23, 2010 7:29am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
its only virtual money, but nice nonetheless
im working on getting to breakeven after my 10% equity decline made by bad trades... still plenty to learn
- #11,114
- Mar 23, 2010 7:31am Mar 23, 2010 7:31am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
yeah, especially in the start of NY... think ill try to watch eu during this time everyday. one such nice trade is enough for the whole day. after closing it, just close the platform and dont look at the charts again
- #11,115
- Mar 23, 2010 7:35am Mar 23, 2010 7:35am
how long it took you to lose 10% of ur balance ??!!
lesson learned
so true so true ,. this is the best thing to do bro , if u read the 1st pages of the thread u'll see that i was looking for 50 pips daily nothing more, i now do some swing trades on 1hr and 4 hr just to ensure my money is always working , but one day i'll not be looking for more than 50 pip or even 20 pip and close my chart to enjoyy lifeee
Patience is key.
- #11,117
- Mar 23, 2010 7:45am Mar 23, 2010 7:45am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
22 trades, in about 3 weeks or so. made a few very bad trades (the last 5). i wasnt in a state of mind in which one should trade. i was way too distracted.
lesson learned
yes, i know of your (past) daily goal. i think its a good way to avoid overtrading
, i agree with u that whenever in a bad state of mind we shall avoid trading , i faced this myself from like 3 weeks ago, and guess what i lost 10% in one week lloooooooll wish you and myself good luck
- #11,120
- Mar 23, 2010 7:54am Mar 23, 2010 7:54am
i'd love to have 1000000000 pip daily , but am not lucky enough so i try to be reasonable and if i scalp i look for 50 pip and when swing i love to let ichimoku decides when i am out
anyway i also wish to get 1233566487956565 pips per day llllloooooooooollllll