Thursday and at the tradedesk a little earlier than normal...ah well i see that the euro dropped a bit overnight...
#1 no real reason for the trade on the indicators, just a gut feeling that price was gonna push up a little more than it already had...need to focus as trading on gut feeling is not the way to go and charts will tell u everything u need to know, not ur gut...and sure enough, gut feeling trading burnt me in the next trade...
#2 again trading not based on indicators which isn't very smart need to be patient and read the charts...anyway thought price would push down a bit more after it had just dropped but i was wrong..focus is key but silly mistakes happen from time to time
I'm the current King of being burned by gut feeling trading. It's a thrown I'm looking to give up asap. Which time frame are your charts?
ReplyDeletehi harvey..i trade off the 1 tick charts...u will see my charts say 'cyrox' as the time interval...cyrox timeframe is a modified version of a tick intervals...and this is a 1 cyrox chart i.e. 1 tick
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