10 aug eur session suddenly the earth is spinning faster. USD moving, US index futures moving, german bonds moving, usdcnh up. let me glue myself to the chair and cancel all tea breaks. sigh ... I have tens of ladders all over the places. very messy
13 aug US session US Index futures - up momentum seems rather strong. something is happening. don't know what. just subscribed to forex data feed $53 / mth (vs free from many many many brokers & market makers). haven't trade spot forex for years. let me remove the rust from my brain. will trade Ruble, lira, ZAR, peso, rupee .... my goodness ! my active financial instruments for trading might exceed 30
just managed to have the charts for spot forex in place. you are right mister. good entry is virtually imposible. ha. No wonder I gave up on spot forex decades ago; charts are sooo spiky jerky unpresentable messy long tail here long tail there long tail everywhere. no problem. still can trade Ruble, lira, ZAR, peso, rupee ... futures through various exchanges. that means paying few hundred dollars for the data fees, and see how tradable those futures are.
14 Aug Asian session Yesterday most asian index futures long red candle so far NQ, and most Asian index futures not moving. perhaps waiting for coming China news. so is it CALM after STORM? Anyway there might be sudden news/events. just be alert. sigh .... not much hope trading spot forex. spot forex charts are really messy jerky spiky erratic. quite a few forex pairs hibernate for many many months, then wake up for few days, then hibernate again and again. seems like we have to let fundamentalists and bankers profit from trading spot / forward forex. Not all things are suitable for day trading. let me study for few more days before I give up trading spot forex forever and ever, till end of time.
14 Aug Eur session during asian session, star performer goes to Hangseng yesterday long candles : gold, italy btp. well. Financial experts said in time of trouble, people buy gold. Financial experts also said people buy US$ (and sell gold !?!?! ) in time of trouble ! eur gbp - are they going to sleep again? yesterday futures with wide range : crude oil longed Italy btp @ 204p. straight forward reversal up signal Hmmm. look at how ruble, lira, zar went down so rapidly. not suitable for technical day trading. perhaps have to use EMOTION to trade. Fearful - then sell Greedy - then buy.
cont ... Ruble, Lira, Zar, peso all good friends. they hold hands and move together. peso - can trade based on chart pattern. the rest seems like must use emotion to trade. if very fearful, sell, if very greedy, buy.
14 aug US session US index futures day chart shows it is ranging , inside day eur usd gold copper - all seems to be sleeping Ruble lira zar peso all moved already
15 aug asian session yesterday major happenings : NK up signifiantly Hang Seng down significantly India Nifty up significantly Turkish Lira day range shrinking eur gbp copper suddenly woke up gold continue to sleep
cont .... star performer goes to Hangseng again. its reward : risk ratio > 10:1 simsci and taiwan index also down NQ not moving. who knows, it might move during Eur session (yesterday it moved during Eur session). usdcnh appears to be sleeping.