I was alerted by a friend about the big drop and re-opened charts. I tried to enter on reaction at 4H low (2nd trade), I was lucky to close fastly because price moved through this in seconds... Very risky, not to consider again. Then I went with the flow and had some pips.
1 comment:
Taylor
said...
It’s important that we don’t get into frustrating mindset and try to make out trade when it’s not there, as it’s something that is going to create unnecessary trouble. So, we need to make sure we trade only when we spot right opportunity, as only then we are going to gain good rewards. I do just that and under OctaFX, I can work it all out nicely and easily because of long list of features and facilities having small spread that works beautifully and then they have cash back too up to 50%.
"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:
It’s important that we don’t get into frustrating mindset and try to make out trade when it’s not there, as it’s something that is going to create unnecessary trouble. So, we need to make sure we trade only when we spot right opportunity, as only then we are going to gain good rewards. I do just that and under OctaFX, I can work it all out nicely and easily because of long list of features and facilities having small spread that works beautifully and then they have cash back too up to 50%.
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