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- JollyBean replied Aug 1, 2013
I think the problem is most traders are too traumatized to even think of returning after blowing their account once or twice. Crazy people like us however, march on till we see the light
That's probably why there's the saying... trading is not ...
AUD/USD
- JollyBean replied Aug 1, 2013
That's why I have an affinity for your trading style and philosophy Davit, because mine's similar. In fact it wasn't until I got the hang of placing backup triggers as I'd like to call it, that I was able to make a full time living forex trading for ...
AUD/USD
- JollyBean replied Aug 1, 2013
Awesome~ I've always enjoyed your insights and philosophy as a trader
AUD/USD
- JollyBean replied Jul 31, 2013
I'm asking because the analytical part of me is just thinking whether your decision to long now, or wait for a correction upon reaching 0.93, would be a better decision. Relax bro...
AUD/USD
- JollyBean replied Jul 31, 2013
And just wondering... what would your strategy be if for some reason, it blasts through 0.93 without correcting?
AUD/USD
- JollyBean replied Jul 31, 2013
The fact remains... R:R is excellent. Manage your money well, and you'll be one happy trader.
AUD/USD
- JollyBean commented Jul 31, 2013
The current pace of QE is maintained, which is against the tapering talk. Equals = market won't be happy because they were taking all the talks of tapering seriously, and now Fed says the tapering is still not happening.
FOMC Statement
- JollyBean commented Jul 31, 2013
Once the market realizes tapering is all talk, and that the US can't take away QE or else they'll go back into a recession, USD will hit the fan.
FOMC Statement
- JollyBean replied Jul 31, 2013
Yup, not expecting it to go below .88 though, but it's always good to prepare for the worst
My setup is telling me it's gonna explode upwards by end of this week or early next week, so I'm ready. But please trade safe and trade your own system.AUD/USD
- JollyBean replied Jul 31, 2013
Agree that R:R favors long. But whether to buy now or wait till it drops further is up to each trader's discretion. Personally, I've set triggers till .86+.
AUD/USD
- JollyBean replied Jul 26, 2013
Here's something many may not consider or even be aware of... But choosing to trade smaller for a greater peace of mind is extremely beneficial, not only for health but also for profits in the long run.
Cable Update (GBPUSD)
- JollyBean replied Jul 25, 2013
Sorry I meant to state your short targets for cable, not EN.
Cable Update (GBPUSD)
- JollyBean replied Jul 25, 2013
Davit, what kind of short targets are you looking at?
Cable Update (GBPUSD)
- JollyBean replied Jul 24, 2013
Fly like superman it will
But I think the flight might only start tomorrow, or even next week.Aussie Trading Room and Cartoons Gallery