This post is to talk about my switch to the daily timeframe. I will continue to trade the lower timeframes during the US session as that is the only session that I can trade without sacraficing time with my family and not screwing up my sleep.
I wake my kids up for school during the US session so I'm able to trade that session with no problems as I will already be awake and their time will be occupied with getting ready for school.
When I'm trading the US session and trading off a lower timeframe, I will continue to trade the EUR/USD pair only as I have been doing in the past. When I'm trading off the daily chart, I will trading any of the five pairs listed below.
I will be using a FXCM Metatrader 4 platform that generates a new daily candle at 4pm PST. So a little after 4pm PST, I will create a post each day outlining my new trades, exisiting trades or anything I feel I want to share.
My trades will be taken live on my Oanda account and also in the FXCM demo account.
I must say that in no way are my trades signals or trade recommendations. They are just my live trades and I use this journal to keep track of everything. Feel free to leave comments.
I will be back in two hours to post if I have any trades or not.
You can overcome anything you undergo.