Being a Careful Forex Trader

By this time a couple of weeks ago, I probably would have made my 10th trade but I sit here tonight without having made a trade yet this week.  Today was flat and I didn’t see anything that warranted entering the market.  We’re just starting to see some movement tonight especially in the JPY pairs, 2 of which I’m watching now.

I have 4 possible setups on my "Scratch" esignal page.  When I have possible setups, I create a new esignal page and just add those charts that I feel may have a play in the next 4 hours or so.  All the setups are with 180-minute charts.

On a side note, I’m still digging myself out of our 2 foot snow storm yesterday.  New York was hammered. 

Popularity: 1%