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I am with you. My job takes 10 hours a day of my entire life. Fantastic cover. Not my dream. Https://www.forexforum.co.za/attachments/1524888726.png That is why I miss a lot of good entries and exits. However, I accepted it the way it is. I shall keep until I'll be consistent in my trading. Just like you said. It pays bills. I'll be residing traiding life one day. That is my objective !Quote:
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Hi Are Great Spirit Person Bro Armenian !!!
I have Learn From You and this is the most serious within our Life !
All the Best in the other side of Earth !
Can you men report back doing a weekly calendar assisted you? Or not?What you discovered in your trading? Anything same or improved?
Thank you
REPORTING BACK:Quote:
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General sense: this opens your eyes to what is possible. However, to judge the fundamental undercurrent I believe I must see a lot of business news from people with boots on the floor.
How it influenced my trading: I got all directions appropriate (was it a fluke?) But failed to exchange JPY, GBP (meeeting), AUD or NZD.
Should of been more aware of the crosses (non USD pairs). Still, got EUR weakness right https://www.forexforum.co.za/attachments/1524888726.png UC Short later in the week was also good (can of held more if not at work). I believe I need to participated in UJ long.
I still have a lot to learn, obviously!
An experience worth repeating. Well suggested.
Everything I wrote before:
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My take on the news for next week and also what I expect (I've not read others' opinions nevertheless).
EUR - some slowdown in action (probably trade anxieties), business climate still positive, stronger labour market, inflation quickening although not much (yet). QE still in full swing. Expect EUR to weaken a little. ECB might signal a tighter monetary policy. Doubtful at this point as trade and Brexit anxieties stay front and centre.
USD - Housing market stable, optimism at high levels but trade anxieties, occupation good, inflation picking up. Expect USD to strengthen.
AUD - No inflation fears, weaker economic activity. Expect AUD to stay weak.
CAD - Behind the curve compared to US on economic activity and inflation. Inflation starting to pick up. CAD is strengthened by Brent increasing.
JPY - Nevertheless weak economic action, no inflation fears, anticipate accommodative CB, weaker JPY, unless volatility spikes, subsequently JPY will profit.
GBP - Weaker economic action. Inflation fears seem to have passed. Brexit hiccups. GBP place to weaken.
If you thought life is tough trading watch what these hunters go through. We risk only coin.Quote:
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Helped me a lot with the euro commerce, when Draghi began talking and euro was rallying it helped me not close the trade and understand far more what he was saying during his speech.Quote:
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It also helped me figure out much more the direction which I wished to trade. Making the calendar myself, writing what I thought about the central bank speeches and hand composing the events next to my computer assisted me considerably more than simply looking at theforexforum.co.zaCalendar.
At the start of the week I was kind of paralyzed, as it takes me some time to warm my trading up after the weekend haha. I had been focused too much on the fundamentals rather than seeing price action and loion .
I need also to work on how much has an expectation or news been priced at the market before the actual data is released.
you called everything right this week out of the calendar. You have the fundamental analysis on stage too https://www.forexforum.co.za/attachments/1524888726.pnghttps://www.forexforum.co.za/attachments/1524888726.png
, how can you balance your life about Forex? You seem not to sleep like yesterday. Or did you awaken at 4 am to GBP news?
Plus, SNB are dangerous folk.Quote:
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Yes caused lot of brokers chapter 7 bankruptcy causing lot of traders dropping their money.Its basically worthless as trading tool.Quote:
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When you think about Euro is 99% connected with Swissy then why bother just exchange the Euro.Euro is more affordable and liquid with greater stability.
Https://www.investopedia.com/article...lationship.asp
Making Sense Of Your EUR/CHF Dating
It is true about appropriate time . This week, it arrived. When you posted about tiger and prey along with your remark to what . Everything becomes clear.Quote:
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Thanks for all you do . The further I read the more I understand the principle of Probability. It's all in our heads. Have a fantastic weekend!
BEWARE: I am hearing that NAFTA deal can be reached this weekend.
Better to shut all positions over the weekend.