1st week of February was filled with lots of big news events such as US NFP, Interest rate decision from RBA, BOE, ECB and Manufacturing PMI's which created lot of high volatility price movements.
I had some pending limit orders placed out of which some missed by few pips and went on the direction of my desired take profit, but I am not concerned as there are still 3 weeks of trading left in this months trading contest and there are going to be ample opportunities in coming weeks to climb the ladder and get in top 10.
From fundamental point of view next week is light on major news, so I am expecting stable price movements rather than spikes and volatile movements in both directions.
From technical point of view and by looking at Daily time frame chart of some Major pairs, I see lot of trading opportunities based on supply & demand zones and hope to catch some of these moves next week.
I had some pending limit orders placed out of which some missed by few pips and went on the direction of my desired take profit, but I am not concerned as there are still 3 weeks of trading left in this months trading contest and there are going to be ample opportunities in coming weeks to climb the ladder and get in top 10.
From fundamental point of view next week is light on major news, so I am expecting stable price movements rather than spikes and volatile movements in both directions.
From technical point of view and by looking at Daily time frame chart of some Major pairs, I see lot of trading opportunities based on supply & demand zones and hope to catch some of these moves next week.
We might not make profit from the opportunities that we miss, but we can certainly learn from them all, and that in itself is
valuable
valuable