FXCM Trading Expo

The FXCM Trading Expo is this weekend and I am going to try to attend both days.  http://fxcmexpo.com/index.html.  I've been so busy with my full-time job and other things that I haven't been able to focus on trading so hopefully this can jumpstart me.

My main issue is with time right now.  I find that I'm placing trades at times when I might not usually because I just don't have the time to follow the market.  This is very frustrating and I really don't know what to do about it right now.  I might just have to move to longer term charts like the Daily or Weekly.  I also find that I'm in such a rush all of the time that I'm breezing through all my charts and all time frames without focus.  It's either move to longer time frames or take a break for a while.  We'll see.

Well, the one thing that I promised myself I wouldn't do the beginning of this week was blatantly violated.  I went short on the Aussie this morning and for a couple of hours it just bounced around but slightly in my favor.  The FOMC report release at 2 pm was weighing on my mind though so I decided to get out of the position with a 6 pip profit.  Almost immediately, the pair thrusted downwards and I missed my chance at making over 60 pips.  HOW FRUSTRATING! How unpredictable! All I could do was laugh because this is so typical of my trades.    

Popularity: 3%