I have never had this many negative runs going at one time before. The slow untracing moves are killing me. At some point I need to just close everything and walk away. I did that last June and it took me about 6 weeks to recover but dang this is like being tortured with dripping water. Every time some currency gets a L1 closed out a new one takes its place. Now eur/gbp is pounding my account. What is sick is it missed my BE point by only 4 pips and now it went on a 190 pip run. You know I am beginning to think it is financial suicide for me to trade and work two jobs. I may have no choice but to drop out until I get a teacher who wants to come teach here in China. The biggest problem I am facing is not being home to close out trades that would be small losers. I have a couple of days off her for October holiday. See what happens here the next day or two. Do I add some more funds or walk away with what I have left? That is the decision I face.
Here is part of my theory, traders can do what they want, they arent the market. The market is about business transacting businesss and I dont see that happening. Why isnt the normal business activity being seen here? In other words at Christmas time businesses stop transacting business and the market just drifts for several weeks. I see the same thing here which may really mean the 2nd leg of this depression is hitting right now. Some people have been expecting it and predicting it would happen. I think the govt. false announcement that the recession ended last year was a garbage move. Normal business activity would cause the markets normal bouncing up and down. I dont see that happening. Is this Forex market telling us something the press has not picked up on yet? How ugly is this thing going to get???
Here is part of my theory, traders can do what they want, they arent the market. The market is about business transacting businesss and I dont see that happening. Why isnt the normal business activity being seen here? In other words at Christmas time businesses stop transacting business and the market just drifts for several weeks. I see the same thing here which may really mean the 2nd leg of this depression is hitting right now. Some people have been expecting it and predicting it would happen. I think the govt. false announcement that the recession ended last year was a garbage move. Normal business activity would cause the markets normal bouncing up and down. I dont see that happening. Is this Forex market telling us something the press has not picked up on yet? How ugly is this thing going to get???