Trading Forex

when market is in a ranging chop.....trading without a stop is not suicidal.....also in a chop avoid too many trades....especially trades with 'trend' or with the momentum
 
Just curious why you sold there...
You drew these trendlines;
price broke out of the channel, retraced back; so a bounce would be more logical
(like on the left side of this chart)

i expected this to happen.....but i forgot for market to go down, all evidence must point to it going up
nh16.png
 
Keep an eye on the FED member speeches today and tomorrow, depending on their content they can cause some unpredictable spikes in the market.
thanks
that is true
i am a daily laborer and i have my daily wage for today.
 
Back
Top