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I like your spirit! You weren't that bad after all, it's been only one week anyway and there is always too much pressure in carrying on doing real time journals. I am pretty sure you will show outstanding performance next week :) Besides, I was really impressed by your ability in picking good...

Your trading strategy resembles someone I know. As long as your trading strategy bring you consistent profits for you :) I guess my trading strategy is influenced by my research. I am an academic researcher as well :) and all FX journals report that all big boys employ short-term trading . By...

NZDCAD daily - yesterday, prices touched the support level;but at the moment, it's unclear whether it will go up or resume downtrend - prices are currently sitting at indecision zone 1 H & 30 min - yesterday during New York closing, prices went into bullish segment but since then prices have...

A good decision ! Yesterday, EUR/AUD touched the support level at daily chart level. Looking at EUR/USD on Daily chart, there is a sign of strong bullish sentiment today after touching the support level yesterday. During Asian session, EUR has gone into bullish segment in 30 min chart, but...

I am just a short-term trader. I don't hold positions long like you cos I only trade until prices reach resistance/support. Also I only trade when markets are highly liquid and close all my positions after that period.

I am enjoying following your journal. Not many traders have been posting active journals lately. I have enjoyed reading all real time journals on ET e.g. Jack Heysey's analytical tradings on US equity market, Jonny Sharpe's pairs trading strategy on US equity market , Spydertrader's futures...

I think you'll become a very successful swing trader in Forex eventually. No pain no gain...as long as you find out why you lost in those trading... All the best :)

I didn't review the chart for EURGBP today but yesterday prices were touching the "daily" resistance (the most strong resistance/support is the daily chart level)... and looking at your chart, prices didnot rise further up and fell after that.

It's better that you don't waste your time monitoring the chart around this time cos usually prices go through pullback around this time for New York opening and the previous trend is likely to resume at the start of New York opening.

I guess that's what I am supposed to do as a trader... Study ET legends' threads Carry out PhD degree in Finance Have got someone you love to care then you will get there too

False ! imo, Usually people who blow up their accounts are those who hold their position against a trend and hope either to minimise their loss or the current trend to go reverse. If one can identify the direction of current trend and knows when to trade (when market liquidity is high like...

imo you're not ready to do trading...create an demo account with $3,000 and get wiped out your account 20 times (but not deliberately though)...then you'll start to look at MACD and MA because by then, you will be forced to look at your indicators. No pain, no gain... good luck with your trading

Brilliant, you must be making good profits now! You must be expecting prices to reach higher the previous high :) I am expecting the prices to reach a bit lower than your expectation...estimating prices to reach and close around 0.78640 today...but not during the London session, but probably...

Pairs trading strategy... a strategy not easy to implement ... cos you need to monitor multiple pairs while you also need to monitor multiple timeframes... I used to use this in Forex using cross pairs but I have stopped doing it because this strategy requires high level of concentration and...

Very sound plan ! but the important question is whether you really know what you're tallking about...seriously, I have seen people who's been trading over 8 years, and yet, still can't even distinguish between reversal and pullbacks. But good luck to you!

Many wallStreet legends have come to ET and have contributed with some good threads e.g. real time journals etc. When you have a chance, it'll be a good idea to read some of them. By the way, I enjoyed following your journal today :)

Yep, you're right, I agree with you...I wrote it wrong Looking at the daily chart, there is a sign of strong [bullish]=>"bearish" sentiment although prices are currently making upmove. Now, the sentence sounds more make sense :)

One hour prior to London session opening, Looking at the daily chart, there is a sign of strong bullish sentiment although prices are currently making upmove. Both in 30 minute & 1 H chart, prices are touching the resistance but both charts show that prices have gone into bullish segment. Not to...

Oh ok, I see the blue arrow now...

Did you initiate your long trade when prices were going down after touching the resistance? you seem to be a bit aggressive trader...