OK, I am not an affiliate of MB trading, but I use Metatrader for charting purposes. For Metatrader fans out there, MB trading is now accepting live account application for Metatrader 4. The reason I care to mention MB trading here, on my very arrogant blog, is because of direct ECN connection and execution they have offered. However, there are complaints about their commissions ans swap rates. So, it depends on what you really need.
Check out MB trading website by Google MB Trading.
This is daily chart of GBPUSD. What do you see?
This is interesting.
I see both GOLD and Aussie dollar losing momentum now.
What’s next?
I love this chart. What do you see in this chart?
Have a great trading week ahead!
It was a shaky performance at the begining. I am talking about Roger Federer’s match with Lleyton Hewitt. Federer’s forehand, and backhand were out of control. It looked really dangerous, and he lost the first set. But, you know the result, Hewitt lost the 13th time.
OK, I am not a tennis player, so, I am not trying to discuss any technique here. I am a trader, so here is what I observed from the match. He knew his forehand and back hand strikes (do we call it strikes?) were unusual, kinda out of control. However, that did not stop him from trying. Again and again he hit the ball, and tried to gain back the rhythm that he needed. He was not afraid of hitting the ball again even though he had failed so many times. I was impressed.
When you have 3, 4 or 5 losses in row, do you start doubting yourself ? The message is pretty clear.
By the way, Maria is out….what the…..never mind…
First of all, I am actually enjoying my current social networking shut down mode. I have not logged into Twitter for a week or so. And I don’t feel anything missing nor I miss anything. So, let’s see when I feel like tweeting again. Never mind, who cares?
Trading front, nothing new, I am still trading well as usual. Nothing special to report. Boring job.
I am following U.S Open closely, and I am in fact, paying the cable service just to watch the match and replay of the matches. I am not going to make any prediction, because, as usual, champion is going to Roger Federer, while, for women title, I just hope Williams sisters get kicked out, I think I am not asking too much. 🙂
As we speak, I am watching Maria Sharapova Vs Mchale. It is interesting to see that, the camera man caught a shot that Maria was holding her fist tight, looking serious, and maybe, nervous. But I think she is going to win. This got me thinking about trading.
During the game, it is all about you. Pushing yourself to the peak is all you need to do. There is a little to none margin for mistake. You missed a shot, you lost a point. Making mistakes repeatedly will just end your match, and to the worst, end your career. You can tell people, you have been working hard, you are having bad time with your shoulder etc, yes, but sympathies do not earn you anything.
There are still a lot of points, but I am just too lazy to write, things like consistency, having a game plan for different opponents etc.
OK, you got the point.
Go Maria.
