Stayed out for two days to avoid 'overheating". I have symptoms of trading addiction again, as I had on January last year. I will try to write about this.
Forex is a business where control matters a lot and many people are never able to get over the over-trading mode while another we always try to enter in times when there is really no scope. I always prefer to play it safe and it is so much easier to do with OctaFX broker since with their rebate program, I am able to make great cash back which is up to 50% and that’s even on the losing trade too, so it’s seriously useful for us.
"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.
2 comments:
hey forexbird, do you use a higer range chart in conjunction with your 2 range chart? also, what are the white up and down triangles on the charts?
Forex is a business where control matters a lot and many people are never able to get over the over-trading mode while another we always try to enter in times when there is really no scope. I always prefer to play it safe and it is so much easier to do with OctaFX broker since with their rebate program, I am able to make great cash back which is up to 50% and that’s even on the losing trade too, so it’s seriously useful for us.
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