Cornix's Forex Trading Journal
- Thread starter cornix
- Start date
In my early attempts at this, I was and to an extent still am, uneasy when I read the likes of Dailyfx and FXCM etc. Who are GM? I was always comparing it to what I thought or what my own analysis was, quite often pulling out or diving in on the bandwaggon if you will.
After a short while, I noticed how different even some of these were in their analysis! It made me feel even more hopeless.
I mean, if this lot could'nt agree, well.....I still read them, I cannot help it.
As we speak, Dailyfx are predicting a big pullback on Thursday/Friday, could happen, who knows, but I will say this, many are correct and the other half are wrong.
I think the only thing one can rely on, is trading what we ourselves see and through our own anlysis, right or wrong, at least this way we can only improve and to share what we think we know amongst our fellow traders. All for one, one for all.
After a short while, I noticed how different even some of these were in their analysis! It made me feel even more hopeless.
I mean, if this lot could'nt agree, well.....I still read them, I cannot help it.
As we speak, Dailyfx are predicting a big pullback on Thursday/Friday, could happen, who knows, but I will say this, many are correct and the other half are wrong.
I think the only thing one can rely on, is trading what we ourselves see and through our own anlysis, right or wrong, at least this way we can only improve and to share what we think we know amongst our fellow traders. All for one, one for all.
S&P cut Japan rating, down we fly. 
http://www.marketwatch.com/story/sp-cuts-japans-long-term-sovereign-rating-2011-01-27
http://www.marketwatch.com/story/sp-cuts-japans-long-term-sovereign-rating-2011-01-27