The Really Useless Thread
{quote} I see what you mean. Good point.
.... first official trip as President to Mecca ......signing a 'juicy' () 280b arms and military equipment agreement that will cover the next few years but equally important it's the counterpart from the US unlocking and giving Saudis access to financing the infrastructure plan that DT offered and is going to announce details in the upcoming weeks. ==> Both are very big push for US Equities and also because we will start shifting from the never ending (and prolly never to be deliver) tax cuts to the more 'popular' ,less complicate and...
{quote} When I started trading FX, I tried to trade intraday and small swings. I absolutely got wrecked, lol. Until I just started looking at a weekly/monthly chart, marking key events/dates and levels. It became much easier, especially when you wait for the weekly/monthly closes and decide on Monday's what the outlook is. The E/U monthly chart is laughable if you invest/trade any other instruments on a big time frame. I think most investors/traders would pass on the pair after a quick glance at the chart. That's a hint for me...1000pip range,...
{quote} I got stopped out. Will only be looking to trade long with the main trend now. Suffice it to say that I will not be opening anymore positions for the day, as it is Friday and banks are closing for the weekend. This is where it gets dangerous for both bears and bulls, as the market is much easier for manipulation in low liquidity.
{quote} Ok sir, thank you sir, point noted. Only long euro. Dont open position on friday evenings & banks manipulate during weekends. Good learnings sir, now i will update my notes on how to become a good to great trader.
over the last 5 days, and taking it in stride. Was definitely not the way I expected the week to go...now I think I'll just shrink into the back ground for the next week or so and rest my brain. 
whomever is next good luck, it's harder than it looks...as goose will attest* <Little bit before the roll so I'll leave this open for edit just in case another Comey video comes out....> What a monster week... Here actually made a few bucks by playing risk assets- despite being caught with my pants down on EU from the start of the week. Dollar* The rain maker this week essentially being hit with a double whammy from political risk right on the back of soft economic numbers. From this, as stated before we saw money flight to various risk assets, EURO and YEN being the big winners. Dollar ending the week with...
... despite being caught with my pants down on EU from the start of the week ...
and 1.114x). I have no regret, last friday we were at the top of the range with neutral ST outlook, so being short was logical and there was no reason to buy. Jumping in to play the extension to the upside through risk-off was untradable imo.
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