Brexit Poll : GBP acts sharply : Forex market

Brexit poll suggests UK voters leaning toward Britain exit from euro . Because of this survey poll, GBP suddenly gone south. I was not aware of the news so could not capitalize on the trade. There was a massive move on gbpusd and gbpjpy more than 80+ pips move. I saw the moves live as […]

Was Dow Nasdaq S&p behind forex move today ?

Probably Dow Nasdaq and S&p was behind the forex move today. I had a good day at forex . At the time of writing this blog, the numbers in the market were looking pretty awesome. Dow up by 200+ points. Now when the US stocks soars up, traditionally YEN goes weaker. And that’s what we […]

Where is the Forex volatility dude ?

Well guys, it’s been few weeks since i have seen any volatility in the Forex market during New York session. I would say over two weeks in a row i see nothing. Really difficult to make money during these days. I surely cannot predict but i have to be here in front of my computer […]

No follow through monday forex trading

Last week was quite rough. Almost no follow through the entire week during New York session forex trading. Pretty disappointing not to see those candles moving at all. so i ended up -72 pips. I was kinda frustrated with the market so i did not feel like blogging. As we all know, human nature tend […]

Oil minister Ali al-Naimi sack news could not move the CAD pairs

Monday’s are usually slow and we saw another slow paced new york session forex trading. However, i thought the weekend big oil news would drive the oil price crazy and therefore canadian dollar would move along with it. But that did not happen. Saudi Arabia ousted long-serving oil minister Ali al-Naimi. He was replaced by Khalid […]

Forex Market stalling before the big nonfarm payroll employment report

We did not see any movement during the New York session at forex market one day before the nonfarm payroll report. Most of the pairs were in RANGE. There was no direction or trending market. EurJpy was aggressively going south 40 minutes before the market open so i was very excited. But that’s about it, […]

Am i reading the Forex chart properly ?

This week has not been very good with me. I’m still honing my skills. No doubt with my forex trading strategies as many traders earning money in this 15 minutes MT4 chart price action trading. I just need to make sure i’m executing my trades properly. Today i did take right decision however once again i […]

Trade Journal for New York session day trading at Forex

Early morning at my Time, i tried to trade AUD pairs for RBA interest rate decision which came out negative. The spike on those pairs were massive. I could not enter. There were no retrace whatsoever. So i just kept looking the pairs dropping over 100 pips. These are really difficult news trades. Better to […]

Slow start of the week at Forex Market online

We’ve seen a quiet start to the week with many markets closed for public holidays, including the UK, China, Singapore and Japan. I was not expecting much of a volatility but today was terrible. We had ISM report, that was the only big news of the day. Also ECB President Draghi spoken but it did not […]

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