Forex Gambling – Roll The Dice on $USD and JPY

This stuff is like watching paint dry intraday…and in alot of ways that’s great.

No need to sit there glued to a computer screen all day long, and no “big concerns” on a a spike here or there (depending on the local news).

I’ve got about 12 setups all involving our favorite “safe havens” the good ol USD and of course our ol favorite JPY.

Signals have been made, and in turn confirmed here this morning so – here’s the strategy – this time around.

When you’re fighting tooth and nail against forces so much larger than yourself ( an entire planet fighting the fundamentals with everything they’ve got) this gets increasingly more difficult. Position sizes come down…..stops ( if not attached to plutonium anvils or puppy filled balloons ) are widened further, and expectations are lowered.

This is “disciplined trading” as when the road ahead is “crystal clear” one equally recognizes it’s time to step on the gas.

I’m placing tiny order 25 pips above / below pairs of interest – with the thought in mind of catching momentum “IF” momentum comes my way. The risk is limited as if price moves the other way….I don’t get picked up. Price comes my way ( and if it does….it will do so by more than 25 pips) boom I’m in the trade.

That’s it.

 

 

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