As it may appear I just joined this community, I have been studying these threads for 6 years on this site. Some weeks I win, some weeks I lose. But come Friday evening USA time, I know what I did wrong or right. What, "Nuggets" to journal for future trades. I chose this Aud/Usd thread to make my presence, is because I just could not keep trading without saying something.
Do not misunderstand Me, whn I say, there has been some great analysis and presentation of executed trades and orders........but what I truly have seen that lacks, which I feel is so important is this:
Looking back through the recent post (24 to 48 hours) I saw soooo many comments about it will rise because of this graph, or that graph. Very few, if any, mentioned the RBA speech tonight. I post this for the scalpers and grinders....
How could this have been left out of the formula gentlemen? Hope? Acute site only on technical levels?
For me, I love Fibs & Moving averages. But I, like a lot here, are not looking to play against The Big Dogs. Meaning, get in, get out, get ahead.
72% of the post in the last four days did not mention the effect of tonights Aud speech (Upon an already weekly very bearish truth.)
I guess I wrote this post as a question and a plea. Why do not watch the calendar news? And if You do, do think technical levels will always win over fundamental news, trends, and 24 hour momentum? If so, lets talk. I am trying to combine the two. Because I knew for sure this speech tonight was going to swing the aud/usd 30 pips either way. BUT, I can not find mention of that anywhere in the last 48 hours of post.
Why?
Do not misunderstand Me, whn I say, there has been some great analysis and presentation of executed trades and orders........but what I truly have seen that lacks, which I feel is so important is this:
Looking back through the recent post (24 to 48 hours) I saw soooo many comments about it will rise because of this graph, or that graph. Very few, if any, mentioned the RBA speech tonight. I post this for the scalpers and grinders....
How could this have been left out of the formula gentlemen? Hope? Acute site only on technical levels?
For me, I love Fibs & Moving averages. But I, like a lot here, are not looking to play against The Big Dogs. Meaning, get in, get out, get ahead.
72% of the post in the last four days did not mention the effect of tonights Aud speech (Upon an already weekly very bearish truth.)
I guess I wrote this post as a question and a plea. Why do not watch the calendar news? And if You do, do think technical levels will always win over fundamental news, trends, and 24 hour momentum? If so, lets talk. I am trying to combine the two. Because I knew for sure this speech tonight was going to swing the aud/usd 30 pips either way. BUT, I can not find mention of that anywhere in the last 48 hours of post.
Why?