consistency wins
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DislikedHello fellow Traders,
I would like to open this thread to record the trades that i take in the future.
I'm 31 years old, and i've been a fx-trader for about 7 years now, and honestly the first 5 years i made consistent loss http://cdn.forexfactory.com/images/s...im/winking.gif but looking back it was a very precious processe, that made me the full-time-trader which i am today.
I believe there is no automatic system that will make money for you .. while you sit back and watch the money pile up.
Trading is like working, so...Ignored
DislikedThe explanation for the second trade.
2.Trade:
Sell GBPUSD 1.6734
TP: 1.6714
I saw an resistance area between the two red horizontal lines, didnt expect a big upward movement right on the market was not very volatile ... thought it will retest 6700 area before continuing upward.
Lets see what will come next.
btw. i do trade this pairs- eurusd , gbpusd , usdjpy , eurjpy , audusd and usdcad.Ignored
QuoteDislikedIm waiting now for the area around 6800 to make a sell for 20-40 pips.
QuoteDislikedI'm looking for a sell GBPUSD in the 6840 area for another 20-30 pips. Guess it will retest 6800 if it gets there.