Rain's Quote
My first interaction with forex was GBP/JPY, but more deep involved with forex, I learn that it's not about how you make a lot of profit, it's not about how fast you will gaining hundreds of pips. It's all about how you dealing with your psychological factors, how you manage your risk and stabilize your profit. It's true that GBP/JPY could give you hundreds of pips in an hour or less but it could take your all margin either.A fiew month ago, I decided reduce my trade in GBP/JPY and try to play in EUR/USD,It's hard time when I must learn new behaviour becouse trading in EUR/USD is not same thing dealing with GBP/JPY. EUR/USD has own rhythm. Based on that I decided to make this blog, I want to share with everyone about my journey to change my behaviour and I hope,you can feel the same thing, that it's not too late to learn something new and there is always new things to learn in forex market. Don't stop learn,once you stop it is same thing that you are dead. There is a lot thing I want to write but my limitation in english make it hard to me to wrtite, but I don't want give up. I believe, someday english would not be my constraints to write and share with you. My motto : Learn First, Wealth Will Follow.
09:23 Am ( GMT +7)
Bullish try to came back, EMA 5 already crossing up EMA 20, and I think price action first will be try to break EMA 66 at 1.4203 -1.4211 area. RSI stay hold above 50, once it break 1.4211 I believe price will push more high to 1.4250 and there is more chance price will re test previous day's high at 1.4304. Strong resistant wich is hold bullish momentum is 1.4338
Meanwhile, support that will hold this pair to falling seen on 1.4138 - 1.4130. I already take one position, buy at 1.4186. I will keep following market movement
UPDATE - 01:40 PM (GMT+7)
It's really mess up! I try to play EUR/USD with my style I'm use in GBP/JPY but it's not work at all. I cut it just a fiew minutes ago with 160 pips minus!!!! I'm holding my long position and hoping it goes as my plan, but it's not and when it's turn to more red I'm getting felt so scare to cut it, and that's a big mistake. But now I have to cut it. Here is my fear comes from:
EUR/USD - daily
DISCLAIMER
Trading of financial instruments involves substantial risk, including complete possible loss of principal plus other losses and is not suitable for all members of the public. This blog discusses my experiences and my style of trading. This blog is for entertainment and educational purposes only. The trades discussed here are MY trades. You make your own trades and you and only you are responsible for your trades. Ideas and opinions discussed on this blog are not in any way recommendations to buy or sell securities or investment advise.
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