Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    nice
    i suppose you run and growl at the same time

    but running does get the juices flowing..
     
    #841     Jul 5, 2019
  2. padutrader

    padutrader

    trade when the technicals are clear and simple.....
     
    #842     Jul 5, 2019
  3. padutrader

    padutrader

    ours is not to solve the mysteries of the market

    it is to make money in the easiest conditions......

    when the conditions are difficult....drink beer
     
    #843     Jul 5, 2019
  4. padutrader

    padutrader

    might add a rider
    this is true but not when morning means asian session......if i had not traded asian session i would be close to 80000 by now
     
    #844     Jul 5, 2019
    Onra likes this.
  5. padutrader

    padutrader

    must try and meditate through the week end

    give the mind a rest

    all of you do that too
     
    #845     Jul 5, 2019
  6. Onra

    Onra

    On second thought; don't skip it entirely.

    The trick is to adjust to low and high volatility.
    See how tiny the range of week 26 was:
    Schermafbeelding 2019-07-06 om 15.02.42.png
    We got to survive in both situations...

    And sometimes Asian session moves due to weekend news / big fund starting to buy etc.
    It also might be seasonal; I remember times when nothing happened during European hours.
    "Why don't I trade US hours only?!"
    After a few months the opposite was true. It keeps changing.

    Bottomline: trade it with a small lotsize.
    And don't add "Padu-style"!!

    Don't expect much swing, but get into the groove and if a party starts; dance along!! :D
     
    #846     Jul 6, 2019
  7. padutrader

    padutrader

    nice

    but i am a perfectionist...so i keep trading in conditions where i lose money ...and that is why i blow so many accounts but that is also whyi keep learning more and more and i get tempted to blow a few more accounts:D

    but i am running out of money:p
     
    #847     Jul 6, 2019
    Onra likes this.
  8. padutrader

    padutrader

    a bar off it's high, may be bullish or bearish depending on context
     
    #848     Jul 6, 2019
  9. padutrader

    padutrader

    eur usd anything above the red line is a sell

    especially if it is a gap up

    or a dead slow rise....

    both of these extreme ends of the spectrum....but markets do have a few curved balls up it's sleeve nh6.png
     
    #849     Jul 6, 2019
  10. padutrader

    padutrader

    my mt4 does not have lot size below 4 lots
     
    #850     Jul 6, 2019