It’s been a while since i last blogged. During brexit era, i briefly took off from forex trading. The market was going haystack up and down so vigorously i thought i should take a break. With my strategy to risk 10-12 pips, those time was not a good time to
Big CAD Big Monday trading at Forex
Big Monday today. Usually as we all know, Mondays are pretty slow. I cannot even remember when last time i made money on Monday. I feel good to see some follow through as it gives me the impression that we are going to see good movements through out the week.
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
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
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
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
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.
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
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
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