GBP 08 Jan 09 - Getting back into the rhythm

Following the holiday break, this was the first time I ventured back into Forex. Personally, I find that it is better to stay in a rhythm with trading. This, being the first trade after a break, is not one that I am particularly pleased with as I wasn't as clear at the beginning as I like to be. Fortunately, however, the Absolute Fibonacci Framework is consistent, and as the trade developed I was able to see which fractals it was working on.

My preference is always to have an end point clearly decided before I enter the trade. Although I ended up with a positive trade, this felt a little bit risky!

Category:

Education

Tags:

• forex
• left brain trading
• lewis evans

[leftbraintrader]

Hi Liyboviz, and thanks for the comment. The key to this is not to rush, and be in the right place, state of mind etc., before you trade - also trade only when you can see one! No point in chasing them. That never works!