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Which is the Trader's Drug of Choice.. Uppers?? Downers?? FEEL THE RUSH!!

Why do we trade? FEEL THE RUSH ???
BECAUSE We like to make money?
BECAUSE We like to beat the market?
BECAUSE We like to play in the biggest economic arena in the world?
BECAUSE { ??? ??? } >>>
Is anashape about to enter a trade?Is anashape in the middle of a trade?
Is anashape about to exit a trade?
FROM HER EXPRESSION DID SHE WIN LOOSE OR DRAW?
JUST GOT PAID!
I was going to insert DON'T LET IT GET YOU DOWN but thought who would trade after listening to it.We trade because we like the action.…
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USD/CHF Data for both markets will consolidate price.

Looking at the Wave shape and 4h trading channel we might see some consolidation around 200EMA. On first chart You can see how I am expecting the trading values through the wave channel. (4h chart)
Daily chart presenting some estimation how the sale signals should be initiated base on STOCH and his sequential for on 20days cycle.
Will comment later on how this looks in to my estimation
Good Luck
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USD/JPY - USD DATA Weeker, no rate hike, Support broken

I will continue work on USD/JPY analysis. As You can see on the chart I would like to reinforce downtrend. Last fundamentals convinced me to keep estimation of keeping current trend, As a strong resistance I see EMA 100 on daily chart as shown below. we can reach once to this level before December dropping later and braking support ad ending on 98,99level.
The 2nd chart will represent the pitchwork will create the channel of this pair through november
Thanks
Have a Great Contest
Good Luck to All
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Difference between conviction and hope

I have been trading in forex for more than a year now and I have learned so many things so far, as falling on the 90% is too easy. One of that is, "hope" trade. Even the best trader makes this mistake when the market behaves strange or faces few consecutive failures. It's just a small difference between "conviction" and "hope". Conviction means you have enough evidence and analysis to foresee a move whereas "hope" will just depends on luck with or without partial analysis.
This week I have trade…
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Leetching other people's hope

Contemplating on where the money i make by trading comes from, there is only one answer: Hope. I live of the hope of others. My trading has no effect on the hope of others, but they do provide me with money, loads of money.
Less than 5% of traders win structural and substantial at trading. I'm one of them. The other 95% or more is losing money. The broker is in between and can afford my profits because other people lose money.
Most of the people who enter the trading business, are hoping for a b…
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semperaugustus avatar

Thanks.

asdfggggggggg avatar

Not just hope, you forget about fear! Hope and fear are the fuel that propels trading.

semperaugustus avatar

Fear is best kept in the box, with the lit closed.

asdfggggggggg avatar

Just like Pandora's Box, in fact.

semperaugustus avatar

Yep.

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The Big question???

I jsut got registration details for next month's trader contest. A sharp reminder that the contest is almost over for february 2014. now the big question,
What to do with my trades??
my "Hail mary pass" trades are still on. i went with the dollar, went long on USDNOK,USDSEK and USDMXN. It was not until a few minutes ago that these trades started looking very positive...thanks to fundamental data.. ..
Current equity is 68k, my target is 180k...I believe with that and my blog points and signal pro…
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