After my losses last night in the Forex market, I’ve decided I’m going to take a break from trading. Just enough time to lick and heal my wounds. Even though the Forex market is open 24 hours, I’ve come to the conclusion that day trading must be done during the day when the market has a lot of volitility. There are certain times that a good trend could yield 50-100 pips. Unfortunately for me, I’m working during those times or I’m sleep. Yes, during the night, right after 1:00 a.m. the EUR/USD seems to wake up from is sideways movement and create some excellent opportunities for scalping a few profitable trades. So far, I’m down about $1,000.00. That’s enough for me to understand that it’s time to rethink my money-making plans. I probably could make … Read entire article »