EUR/USD killed me today. I was having fun buying 1.1380s and selling 5 to 6 pips higher but as usual, the market reminded me that buying dips when momentum is on the other side is like picking pennies in front of a steamroller. I did think EUR would be bid …
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I lose money when I do not follow my strategy/system/rules. Going into the Asian session on Wednesday, June 27, 2018, USD was bid the whole North American session. It was relentless, flow going one way. Desks must have been paid all day. I participated in the move. I had a …
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I will be updating in the morning going into the NY session. EURUSD: Overall EURUSD will struggle to move above 1.18 in short-term. The newly formed Italian government eased uncertainty end of last week, but there are still worries given the fiscal path that the new populist Italian government will …
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One of the rules I have is not to put on positions late in the day during the New York session unless there is market-moving news I can capitalize on. As a human trader, I break my rules more often than I would like to. I put on a long …
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Monday is a holiday here in Canada. Happy Victoria Day! Usually, I do not trade much Sunday night. I do prepare for the week ahead. I read some research and look at charts. But I opened up my charts and liked the action. I went long $USDJPY at 111.82 (Daily …
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