EUR/USD & GBP/USD & AUD/USD Forex Trading

Quote from increasenow:

thanks Cabletrader...questions:
1-do you live in Europe?
2-do you trade Forex fulltime with no other job?
...just wondering...
More...

Yes and yes, I don't like work :)

How about you?
 
Can anyone relate or add or comment on my greatest challenges with trading Forex...

these have always (and probably still are) been mine:

1-not being consumed/focused on one Forex cross...looking at too many cross rates

2-overtrading

3-trading on impulse or emotion and with no true strategy

4-revenge trading "I'll win/get it $$$ back"...has always put me in deeper holes...

NOTE: one of the best things I have done is...not scalp trade, not execute manual orders (right there looking at the screen)...best is to just enter trades (via specific set parameters)and set exits and 'go mow the grass or get a Starbucks'...
 
Quote from cabletrader:

Yes and yes, I don't like work :)

How about you?
More...
okay, so you live in Europe...do you like soccer (futbol)?...Manchester United? Arsenal? Chelsea?Barcelona? Real Madrid?
 
been looking at charts...wow, does the EUR/USD look bearish or what...from the 5 minute to daily chart...looking real bearish...I would 'easily' look for an 'at least' tank to the 1.4075 level (50 day MA)...kinda wish I would/coulda went short EUR/USD at 1.4170 on Friday afternoon...thoughts?comments?
 
Quote from increasenow:

My running totals since "I found my EDGE"...(note: my edge, not "the" trading edge of all "edges":D )

5 Trades
3 pairs (3 GBP/JPY, GBP/USD, USD/JPY)

4 winning trades (+15,+40,+20,+20)
1 losing trade (-18)

PIP Total: +77
More...
totally pumped about trading Forex this week...since "I found my EDGE"...

I've got:

EUR/USD
GBP/USD
EUR/JPY
GBP/JPY

on the trading platform screen...
 
adjusted post:

totally pumped about trading Forex this week...since "I found my EDGE"...

I've got:

EUR/USD
GBP/USD
EUR/JPY
GBP/JPY
USD/CHF

on the trading platform screen...
 
Quote from increasenow:

been looking at charts...wow, does the EUR/USD look bearish or what...from the 5 minute to daily chart...looking real bearish...I would 'easily' look for an 'at least' tank to the 1.4075 level (50 day MA)...kinda wish I would/coulda went short EUR/USD at 1.4170 on Friday afternoon...thoughts?comments?
More...
I'm not so sure about this 'bearish' note as of 7:03pm EST sunday...kinda looks like it might be a set up for 'huge bull run'...hmm
 
Quote from increasenow:

looking real bearish...I would 'easily' look for an 'at least' tank to the 1.4075 level....

I'm not so sure about this 'bearish' note as of 7:03pm EST sunday...kinda looks like it might be a set up for 'huge bull run'...hmm
More...
You have no idea what you are doing, do you? Are you just guessing or drawing numbers from a hat?

Seriously, the more you post the more obvious it gets that if you continue to trade spot fx you will be in way over your head, like you did with your short-lived options trading quest.
 
Quote from cstfx:

You have no idea what you are doing, do you? Are you just guessing or drawing numbers from a hat?

Seriously, the more you post the more obvious it gets that if you continue to trade spot fx you will be in way over your head, like you did with your short-lived options trading quest.
More...
hey cstfx...I actually am really trying...really trying...this was just like 'talking out loud'...looking at one thing and seeing another etc...I'm just laying it out here for all to see...the good, bad and ugly...my trades are real and I am not hiding anything...wanting to learn and learing in the process and as I trade...please, do interject any insight and contstrucive comments you would like...you are welcome to!!!...please post you insights and trades...
 
You must log in or register to reply here.
Back
Top