London session. Premature exit on this one, this is not my feel and use of the 1 min rainbow. Lost the nice up move in order to keep 7 pips.
1 comment:
Siddle
said...
I feel it’s far better that we keep hold of these much pips as well, it is so often seen that people go for longer shot and end up losing completely, so that’s why we need to be extremely careful with things and only then we could be making profits easily. I am always happier exiting any trade early since I am working with OctaFX broker there they charge low spread of just 0.2 pips, so that’s extra-ordinary thing and makes it easy to make profits from any trade.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
I feel it’s far better that we keep hold of these much pips as well, it is so often seen that people go for longer shot and end up losing completely, so that’s why we need to be extremely careful with things and only then we could be making profits easily. I am always happier exiting any trade early since I am working with OctaFX broker there they charge low spread of just 0.2 pips, so that’s extra-ordinary thing and makes it easy to make profits from any trade.
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