See daily chart of EURAUD below for the discussion that follows.
Author: tradingsossos
See daily chart of GBPNZD below for the discussion that follows.
If you are a discretionary trader like me, there is always the possibility to deviate from your strategy. Some of those deviations might be small and they might be “forgiven” because they are still within the boundaries of your trading strategy. Other times you will deviate entirely from your strategy. Ultimately those deviations, whether big or small, can cost you.
See daily chart of CADJPY below for the discussion that follows.
See chart of GBPNZD below for the discussion that follows.
Do you see yourself as a trader that hasn’t shown much improvement in your trading? Are you starting to doubt yourself and your ability to make it as a trader? Maybe things are not as bad as you think.
See daily chart of EURCHF below for the discussion that follows.
Last week I posted about my intention to go long EURUSD (see that post for more info). I did mention that it looked like it wanted to bounce before it reached my desired support level. This did happen, so I never got involved in the pair.
See daily chart of EURUSD below for the discussion that follows.
Many traders want to know why they are struggling, what they can do to improve and what it takes to become successful. A lot of the time the answer can be found in a trading journal.