“Social Media (Fb, tik tok, Instagram , Forums , YouTube , magazines, ebooks, etc. ) Where Trading is promoted to heightened levels of non reality and fantasy stimulating a compulsive and addictive interest in their audience”
Traders...maybe you need to cut down on watching TradingPorn and learn how to trade in the real world.....?
Been a very choppy couple of weeks for me. In a drawdown atm, but if there's anything I've learnt over the years, it's to keep consistency in the trades you take and having a fundamental belief in your system. You're only 1/2 trades from being back in the game. It's all about probabilities at the end of the day.
The biggest seller was Red GBP hitting weekly low around early wednesday europe, then rallied before coming came back again for a second bull bite on Friday .....classic GBP action !
Blue Euro ,Yellow Yen and Green USD also hit some Bears later in week
Early Grey CHF action was followed by decent brown CAD by Wednesday and a few others followed ...a real scrum in fact later in week ...real messy to get decent trades away ....
for me that solid Red GBP early week was THE trade .....lots of currencies to buy into it (GBPCHF sell was best play on chart).....that USD & JPY Selloff thursday was hard to hit ......and then they bounced north very nicely on thursday
CADS aggressive selloff on late thursday was nice into the rising YEN & USD .....bit you had to be looking for a counter trde on week to nail them ....full marks if you did ...
this week was about counter trading some ranges ......but for me nothing really was over extending anyway to prompt such aggressive moves or plays .....so i was happy punting the GBP sells monday....