I usually avoid trading during the Christmas period, but today I opened charts again. What I was afraid of, was there : a thin market, violently moved by the big guys, to make extra gains before their vacations. I had a 2,5 pips trade and the market, IMMEDIATELY after this, moved 40 pips in the opposite direction, precisely at the London opening (10:00)!.. I could stay with the long open and no stop and get a -40 on the face in 3 seconds.. I took fastly 11 pips on the right direction but this is gambling, no trading. Got a little more and closed trades for a week at least. Leaving by now.
"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.
A warm hello to you all! I am on the mountains with family to avoid the awful heat of this bloody summer. After some comments on the prev...
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.