• Journal

    Ended positive three weeks in a row in Forex

    What a last three weeks in forex market ! Really has been amazing so far. I never had consecutive winning in a row like this. I’m now looking into potential of ending this month with some profit in the bank. It’s been a while since i had a positive month. Now here is the thing, in the past once i had a winning week i would think THATS IT , i nailed it. I’m a pro forex trader now. I would start dreaming about my future. I would check out the new BMW or Benz on web etc. But the next thing i know the market would crush me the…

  • Journal

    Prediction went wrong at Forex Market Today

    Today was big news day. Numbers from Core durable goods order, then BOC gov speech and CB consumer from the US. Then add the quarterly income of the big tech companies in the NY stock which supposed to drive the market crazy. But that did not happen as much as i was expecting.  Sure there was some movement pre NY session and lot of day trader pip hunted during those hours. But i was not one of them unfortunately. I was really thinking the market would move up opening NY stock. Here is the thing i heard over and over. DO NOT predict the market. Act the way it is.…

  • Journal

    Forex trading Journal New York session 18th April 2016

    welcome to my blog post. Today is my first entry. I planned to be regularly updating my blog. I shall be recording my Forex journey and share with you guys. well today at New York session was good. Usually Mondays are dead. But i learned not to predict and be there always. Lot of movements especially with YEN pairs. I was expecting CAD move at NY session as the big oil guys had meeting this Sunday without any settlement. Oil price also dropped a lot which usually drives CAD pairs. We started  trading with a gap so i was expecting a gap filling. however, that happened with YEN pairs. Does…