• Journal

    Registered a losing week : 12th-15th Sep 2016

    what a terrible week ! i lost 200 pips this week, that is 6% of my account. There were practically no follow through during the entire London and New York session. Some movements during Asia session but i only trade NY so i could not catch any of the move. I was exhausted. Pretty tiring to lose every day 4 days in a row. So i decided to take rest on Friday and guest what ! there was a move on Friday. I had the opportunity to make some pips but hey am i upset ? absolutely not. I needed that rest. I shall be back next Monday fresh again.…

  • Journal

    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 chickened out. Mainly due to a lot of news during NY session trading. We had ADP Non-Farm Employment Change at the top of the hour. I took eurusd long and ended up with +5 right before the next news which was CAD trade balance. I took cadjpy short but after 45 minutes i had to…