I would like to start of by declaring this as my trading journal, where I can insert my way of thinking about the Forex market with GBPUSD and EURUSD being of the main focus. I have been trading for 4 years.
Why this thread/journal?
A colleague of mine as well as a 10's of other people I have met; have always had a curious interest in seeing how I trade and were always curious to understand how I sustain myself. A lot of them want me to be their mentor. Frankly, I don't have the time for helping each and every one of them. I rather just trade .
But, for them, and anyone else who gets curious about my nature of trading, I have this journal written which describe the way I think, process the information given by the market, and how I trade.
Why ForexFactory?
I do have my own website where I will keep putting up similar information, however, my objective to post my trades and thoughts here is so I can have them critiqued and discussed by other traders. Please constructive posts only.
How do I trade?
I use a combination of managing my emotions, money management oh..and yea my method as well. My method consists of: Support and Resistance, Price Action, Chart-patterns, Candlestick Analysis, Trend-lines, Volatility Bands and most importantly (my gut feeling or intuition, honed after days and days of screen-time)
If you were wondering what rks on the title means? It is actually a very complicated algorithm, constructed from an ancient language. If we were to possibly try to decode the three letters, it would possibly reveal so much information that...err..uhm..okay, they are just my name initials.
enjoy.
P.S. These are not going to be trade signals, but more my thoughts that point you towards a direction of how I see things. It is up to you to decide how to take that.
Why this thread/journal?
A colleague of mine as well as a 10's of other people I have met; have always had a curious interest in seeing how I trade and were always curious to understand how I sustain myself. A lot of them want me to be their mentor. Frankly, I don't have the time for helping each and every one of them. I rather just trade .
But, for them, and anyone else who gets curious about my nature of trading, I have this journal written which describe the way I think, process the information given by the market, and how I trade.
Why ForexFactory?
I do have my own website where I will keep putting up similar information, however, my objective to post my trades and thoughts here is so I can have them critiqued and discussed by other traders. Please constructive posts only.
How do I trade?
I use a combination of managing my emotions, money management oh..and yea my method as well. My method consists of: Support and Resistance, Price Action, Chart-patterns, Candlestick Analysis, Trend-lines, Volatility Bands and most importantly (my gut feeling or intuition, honed after days and days of screen-time)
If you were wondering what rks on the title means? It is actually a very complicated algorithm, constructed from an ancient language. If we were to possibly try to decode the three letters, it would possibly reveal so much information that...err..uhm..okay, they are just my name initials.
enjoy.
P.S. These are not going to be trade signals, but more my thoughts that point you towards a direction of how I see things. It is up to you to decide how to take that.