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Wednesday, 02/03/2016 6:28:36 PM

Wednesday, February 03, 2016 6:28:36 PM

Post# of 140146
Just a nugget to throw at everyone as well as myself as a reminder...The road to enlightenment is paved with stupidity..you learn FOREX not by success but by failures...to succeed in FOREX you dont need to know so much how at first to MAKE money but how NOT to LOSE MONEY!Patience and conservative trade sizes are a must...trying to think we have nailed a top or a bottom is unrealistic and the demise of a lot of otherwise good traders..just try to be a part of whats HAPPENING...NOT what we think SHOULD be HAPPENING.The trend IS indeed your friend and its been said ad nauseum.Watch for consolidation..not tops/bottoms..ride the breakout that most assuredly will occur...you seldom see a true reversal without first seeing a firm test of a price level.The chart of jav's on A/J H4 the other day was very uncommon..it simply bottomed then reversed!Thats abnormal ..no consolidation!!..but then it was a Yen cross so weird things might happen where Japan is involved.Anyway..I just wanted to see if I could help to confuse everyone a bit more..if possible(LOL)

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