Trading Forex

Fine then *sniffs*

 

it does not matter what we did yesterday only what we do today......start fresh every day

 

some how i am lucky i am still liquid to trade

80% of days i have lost in the asian session and still i try to correct that..

 

in stocks there is 6 hours in which to figure out the market for that day.

in forex you have much longer....that is an advantage.

of course this also means that it will move slower than bean sprout or a snail.

that is why it makes sense not to trade the asian session because there is always more opportunity in other sessions.

so why do i keep trading asian session?

 

it does not matter what we did yesterday only what we do today......start fresh every day

 

there is a problem in understanding markets ...ignorance is bliss

if you understand markets.....you are sensitive to every reversal... which after ten 5 min bars reverses again..

this is called noise and understanding noise is one of challenges of trading....

 

Good Evening padutrader,

Yes sir, you are correct. Clear the mind, stare the chart. Make 2 decisions. 1 enter. 2 exit.

I admire your naked chart price analysis as well.

 

padutrader,

What time does the asian session opens?

Thanks

 

What happened to the rest of your balance?
You had $50K at some point, right?

 

I was just about to say where'd the money go? I am hoping he took it as a nice withdrawal to pay back his many years of losses.