My Forex Journal

Ok I have 3 pairs that I am looking at but 1 only that might give a signal within the next hours..... it is really slow and some pairs are extending there corrections....we will see

 

Super slow for this strategy today... but that is what it is.... patience...

 

USD Bank holiday I see doh! I switched on and US30 had stopped a few mins before and volume on the DAX was super low ( barely moving price ) and gave up.

Note to self, check the damn news occasionally LOL

 

I knew it was going to be slow cause of that but did not expect this slow....

 

I'd not checked news, didn't expect any chance of trading, but was tempted a few times while at work.

Maybe tomorrow ? New Method logic is coming along.

 

I've never traded at forex, does it really worth it? I heard tons of negative reviews about it.

 

LONG AUDUSD @ 0.71670
SL @ 0.70583
TP @ 0.72757

 

USDCAD SHORT @ 1.37834
SL @ 1.38623
TP @ 1.38623

 

Well it depends .... if you are not in the U.S. you can trade forex with higher leverage... that is good if you are a good trader and bad if you are a bad trader...
Forex is a lot more time demanding if you swing trade cause it is a 24 hour market, opens Sunday and closes Friday....if you scalp I would trade the U.K. open or the U.S. open cause there is more volatility at these times....
You have to try it and see if you like it... I prefer forex over equities

 

Its the brokerage that's usually the cause of bad reviews. And the leverage. Forex can be great, but it trades a little differently. Takes time to master.