As always I am excited and looking forward for start of new trading month. Last month I managed to be in Top 15 and the goal this month is to improve on my ranking.
I understand that in order to be consistent I have be patient with my entries and exit and not to get carried away if I miss a trade cause volatility is going to by there, so plenty of trading opportunities will arise as days goes by.
Moreover, beside chart analysis it is important to maintain a daily journal of all trades such as winners, losers and missed trades as daily review of these trades would help me identifying my mistakes.
US Dollar remain under pressure in April and declined against all major currencies and looking at Monthly Candles this trend is expected to continue in next few days and NFP news event could provide a hint of future direction of US Dollar.
I understand that in order to be consistent I have be patient with my entries and exit and not to get carried away if I miss a trade cause volatility is going to by there, so plenty of trading opportunities will arise as days goes by.
Moreover, beside chart analysis it is important to maintain a daily journal of all trades such as winners, losers and missed trades as daily review of these trades would help me identifying my mistakes.
US Dollar remain under pressure in April and declined against all major currencies and looking at Monthly Candles this trend is expected to continue in next few days and NFP news event could provide a hint of future direction of US Dollar.