I think we're going up now. there's going to be a lot of pressure from the upside.

Journey to consistency

I don't know what your strategy is but I don't think you should beat yourself up for missing that move up. for me that was unannounced and high risk if its going to go up now we should get a low risk entry now on 1m around 200ema,100sma and as price ...

FDAX Dec 2017

200ema.100sma all above 15m but there's a high chance it could push higher to 13110 now. we'll see no signal on 1m just yet.

FDAX Dec 2017

yes you have to take what you can take, my take is today there was no fake move around the open and the higher charts showed 2 possible moves upside was limited by 13110 and downside 13020 at the open (London) it was likely that price were to push ...

FDAX Dec 2017

not a good place to buy at least until it makes a hh and finds lower high support on the minute chart still well below 200ema and 100sma on 1m. I'm also lookin at 970, you're right it's going to be awhile before going up !

FDAX Dec 2017

Selling spree taking a break at 4h 200ema prominent support. Let's see if the support holds on lower TFs. Maybe in an hour we see a push up ?

FDAX Dec 2017

Reversal trade went 2 legs down. 10am GMT is also a good time to re enter on a pullback as it was the case for today. Depending on the day, (depending on the day I may also have to open 2 entries per session) what kind of move I'm challenged with I ...

Journey to consistency

So for today there was no fakey around London open. I'm getting better at spotting the differences and that saves me a whole lot of trouble. Making a progress. I'm happy. From what I've experienced and observed thus far if there's a no fakey its ...

Journey to consistency

Done for bulls. Not so impressive session for DAX. I will be back in 2 hours for some more observation (since I'm not used to trading around these period I will be observing from the sidelines)

Journey to consistency

There it went up. I think this is coming down to an apex if it does go up. However there's also a possibility it could go down breaking yesterdays resistance turned support.

Journey to consistency

My bias remains bullish. However I think this could be a tough battle up we have prominent support and 15m resistance up above, squeezing it from both sides. Closed one long position with minimal gain.

Journey to consistency

People get into this business for all the wrong reasons - easy money. I too was no exception but I soon realized that it was going to take much longer than I first anticipated and the amount of "hard work" and "dedication" is going to top off every ...

How much money can a seasoned semi-pro make with trading on Forex?

Slowly but surely reached the target. There was some adverse move an hour into Tokyo as per usual. But I got out 30 minutes after I opened my long position. I didn't attempt to re enter. We're at 1h 200ema now, hovering just above like I've been ...

Journey to consistency

Calling it a day here. Really tired. And its only monday. But I'm looking forward to tomorrow

Journey to consistency

There was no fakey <I'm actually starting to spot the difference between a fake and a non fake move days> something to be proud of when I have nothing else to show for my efforts just yet . DAX has fallen since Frankfurt mid session and it still is ...

Journey to consistency

I think the appropriate question to ask at this point in your journey is <how much am I willing to flush down the toilet> ? and <am I willing to go after my goal for as long as it takes> ? Rest assured you won't be making any money AT ALL at least ...

How much money can a seasoned semi-pro make with trading on Forex?

I have been trading Nikkei and DAX for a week now. I have decided to focus on these two because they have a set opening time and a big move is usually expected shortly after the opening time (this was the deciding factor for me). With fx pairs ...

The Trader's Academy - by Traders for Traders

This may finally hit my TP. A little patience goes a long way..... Experiencing losses on a demo feels as bitter as real cash

Journey to consistency

That fell 40pips. My biggest obstacle : 1. I get out of good trades too early and to try compensate for my <I would have gained this much if only had I kept it running> by re entering at <bad times>

Journey to consistency

Wiped out all the gains for the session. I stick with single entry per session rule ! When I mess up, I mess up !!

Journey to consistency