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.
09:00 PM (GMT+7)
It's still on the track even EUR/USD in early day moving up but still in my range views. It's make a top at 1.4155, and as I said yesterday on my previous day post that I might will make averaging on EUR/USD if price move to 1.4130 area. I already add new entry, sell at 1.4147. I put SL at 1.4170 on both my short position ( my original position and my latest entry) while my target I leave it open. I will tell you why I leave it with open target latter, now I'm to bussy take care my other pair, becaouse my main pair not EUR/USD actualy, as long as I can't find EUR/USD rythm I'm still play in GBP/JPY as my main pair
UPDATE:
Wow! I finished post and after I look back at my chart, my EUR/USD already hit Stop Loss. That's realy make me upset. OK, I'm done now for EUR/USD, this month I've got nothing but red pips from EUR/USD. But I won't give up, monday it will be a new day and begining new month. I decided keep using TF 4H as my basic....
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.
It was moving up higher Bro, coz the Trend is still moving Up, :), success on ur trade Rain
Regard
Q2SM
euro/usd has raised like anything...its just 6 short from 300...lets hope it goes down a bit on monday :)
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