Looking for trend continue up. Asia futures are up along with London and NY.
Continue up, USD/JPY hasn't moved. Index at short term support, hoping this will accelerate Yens pairs.
Countinue trend till it stops. Take some profit around 74
2 Buys failed, Waiting for a HH.HL, and YEN weakness . Maybe ISM M=PMI at NY OPen will help if good number combined with S&P , DOW. Risk on
Went to bed before London open, moved trade to break even. Got knocked out at 1st hour of open.
AUD/JPY -15 Ranged
Aud was weaker than Kiwi trade and was not able to move breakeven.
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About The Forex Analyst
Former fxbootcamp.com member with David Pegler/Wayne Mcdonnel. Introduced to Forex investing in the year 2000.Attended a local Forex school (learnforex.com) (Sacramento) $2000 learned Technical analysis. Owners sold to a student, new owner scammed millions from students/investors. I also lost my investment. I continued to try and teach my self unsuccessfully. I have lost $9000 of investment and education. But yet I was still willing to learn and trade for myself. I dont trust anyone with my money but my self. Its been a long hard journey. I have learned a lot from Wayne McDonnell and David Pegler. I am finally able to understand the money management aspects along with traders psychology. I believe this is the biggest part of trading that I failed in. I also believe I need more knowledge of Macro economics. In the last 1.5 years I have turned a corner and have managed to stay profitable. I learned for my psychology and risk management, I developed a semi automated trade plan to take profit and losses with %20 draw down. https://www.myfxbook.com/members/PippinUSA. My goal is to recoup my losses from past investments and consistently keeping a profitable track record to possibly trade larger account. I also am working on learning more macro fundamentals to accommodate technical analysis.