Rewind Back 15 Years

padutrader said:
sold usdjpy at 111.516....am loving it..... my gambling nfp data in 15 min this is gamblingView attachment 201905
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update bad entry again if i had waited i could have sold at high for a better profit: when will i learn to wait?
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padutrader said:
from my trading today i can conclude that i should improve my choice of the forex pair....i found that general direction was alright but the entry was off in some of the pair.

i am looking for some reasons why this may be so.

I am coming to the conclusion that it is possible that less is more and choosing correctly is the key to a fantastic improvement in trading results,not a great observation i know but may be something to work on personally.

however it is not possible to buy the bottom or sell the top so that has to be kept in mind
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Padu, my suggestion, fx is difficult, it's a bit like gold, which that too is very erratic which I trade with some difficulty.
Have you looked at YM? I reckon that would be easier and more profitable.
 
themickey said:
fx is difficult,
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you bet
there is no regulation...because it cannot be regulated as there is no exchange

so the big boys can do here, that which, if they did in NYSE, they would be arrested before they can say 'forex'!.

but because they try to cheat me i can cheat them.

but forex follows technicals even though it looks erratic

but it may not follow the technicals given in any book

but it follows, that which, you learn from trading for 12 years and blowing 100s of live accounts.

if you want to reach a far away destination, like i wanted to, you just have to travel longer and harder
 
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