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It is really tiring to trade sometimes

Sometimes trading is boring and frustrating
I have been stuck with my Nzd longs since market open on Monday morning
and I am not making a profit
I can't survive the weekend leverage but I can't close my positions, either
which is really frustrating
I would have liked to have been able to trade some more
but a trader cannot let go of his belief and chosen trades, no matter what
So, I stay in and await the outcome
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What a day!!

Trading today is like trying to drive a bike through a pond full of mud....It is absolutely not-moving!!
I am really trying to stay calm and distract myself...I know volatility is low, but this is incredible...This is definitely not the trillion-dollar market we were told about...Looks more like a couple of 100s...trying to move a few pips..
The market is currently ranging, somehow some contestants are still increasing their equity...Hats off to you Gents and ladies..I have decided to buy the GB…
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Sharpshooter avatar

I agree with you ((I'm also angry. You can already take 5 times to 20 pips. And I, like a fool, waiting for 100 pips ((

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NZD/CAD-Stuck in Range !



Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8606.

NZD/CAD after reaching a major resistence zone at (0.8785) price level ,has began moving in a range formation with 2 other failed attempts to break these level.The problem is that supports levels formed as higher lows which could suggest that the momentum is definatly going up and will try to retest and break that resistance zone in the nearby future
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Metal_Mind 26 Dec.

UPDATE 1: This is a very good prediction . The price action moved as discribed. Current price level is 0.8669 which is 115 pips bellow the target. With several days to go there is time for this prediction to come true.

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Metal_Mind 28 Dec.

UPDATE 1: The current price level is 0.8717 which is 67 pips bellow from target but the price moved in favour of my prediction and now is very close to the target.In the 2 days that remain we could see a very close result.

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Metal_Mind 30 Dec.

UPDATE 3: Current price level is 0.8730 which is 50 pips below the target level. The price action is bullish and with the days to go it seems like a good prediction.

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UPDATE 4: We have only several hours to go until the settlement.The current price level is 0.8737 which is 47 pips bellow the target. The prospects are great for this pair .

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