My Fusion trading platform is not working today, I guess they forgot to cover their equipment and it got rained on. Very frustrating week with the NYSE and Nasdaq closed Monday and Tuesday and now Fusion closed today. This would have been a good vacation week. At least I was able to place a Forex trade in AUDUSD which triggered yesterday. My Forex trading approach is completely different from my equity trading due to my home being in the Pacific time zone. The best time to trade Forex live would be 12 am my time to about 6 am. I used to trade 2 am – 6 am and flip and trade the equities from 6:30 to 1 pm close, but this really is non-sense. Now I look for a trade on the hourly time frame in the Forex market and basically set it and forget it, placing both the entry and exits and walking away. I call it TraderHank’s west coast method… Here is the chart for my AUDUSD short…
AUDUSD10312012
AUDUSD10312012
AUDUSD10312012
AUDUSD10312012