It seems today AUD/CAD will start going down… its only a wild guess as US has not yet started… also there is a support at 0.9955
This is USD/Chf, (for EUR/USD just the oposite…) Am looking at it like this. Does anybody share the same insight? Thanks.
eur/usd & usd/chf are corelated pairs they always go in opposite direction
You are pretty much supporting my oppinion.However It’s a shame price is so clamped up at the moment.
Cheers
Johnathon shared it in the private forum I think over an year ago, totally rocks!
Yeah, almost always. They are not 100% correlated but very close to that number.
Cheers
LOL
This one sorted me out on risk management the day I heard it:
“How do we know that the risk is right honey?..
…We make alot of money and we sleep at night!..”
–> Risk big enough to make it worthwhile, but small enough to keep you in the game over and over again
Classic!
Just the solitary GBP CAD short trade in the past couple of weeks for me as well. Looks like even that will be a long drawn out fight. I do not mind these slow times, but the WHY IS IT SO SLOW question does bother me !! On a postive note, I hope they really explode out of the boxing areas when they are ready!!
nice defination mate
well replied:46:
Google searched images. I like my charts to be understandable and expressive so anyone can learn from them.
My psychology…well… actually I’m training my mind to be cautious and to lose only that I can afford. Better safe than sorry.
As for my returns right now I got stuck. I’m not in negative balance but it goes nowhere (not gaining, not losing) and it has been for a long time like that. I need my balance to go up to progress that’s for sure.
I watched my past trades (journal) and many of them could’ve reached my TP but I closed them too early and gained small. I guess I just need to reprogram my brain and and endure the stress.
P.S: In earlier posts you and others said that it was good to close trade at FTA or where I can afford. Is it still the case?
Anyway thank you dudest as always
i draw a major support line below the price and a resistance above the price
could anyone check it whether i am right or not?
:54:
