Yes... In the past I always looked from weekly > daily > 4 hour charts. But in the end I would always miss out on profits on the 4 hour TF because the daily TF was showing a different thing... maybe I am too much of a perfectionist. So this time ...

I will either make it in Forex, or die trying

Hi Seaman, Yes I find fundamentals and sentiment to be very helpful in finding out the "story" of the market... which is really useful for trading.

I will either make it in Forex, or die trying

My reason for this trade was mostly due to the non-tapering surprise we saw on Wednesday. USD is weakening across the board and I'm looking to see if prices can make one last push down. But you're right, I see strong support around 1.0200 - 1.0130 ...

I will either make it in Forex, or die trying

I did not know that banks and hedge funds trade 40% on fundamentals... I hope this is good news for me. (haha) Thank you for the input on the time frame... The RSI will be used only on the 4 hour charts, so I think that should be okay. Since I trade ...

I will either make it in Forex, or die trying

Hi mim2005, thanks. In the past, I was never really serious about trading and my results reflected that. Now, I'm determined to make this work. I have just taken a trade on usdcad. Sell @ 1.0288 image

I will either make it in Forex, or die trying

My humble opinion is that at the retail level, traders are at a significant disadvantage trading fully with EAs because of overall weaker manpower, intellect, time, technology, spreads, execution, slippage etc, compared to the professional high ...

My progress as a full-time investor & trader

Hi Robert, I just want to say thanks for sharing your insights. It has helped me think about the way I trade.

Forex PA & Technical Trading - My Journey to Sucess