Futures back to Forex, on to Finance

Getting Started in Futures by Lofton (2005) complete.  Less helpful in terms of immediate applicability in trades, more helpful in understanding how futures are similar to options, stock, and forex trading.  The tools are the same.  Lofton discussed how RSI, MACD, stochastics, EMAs, and volatility index are calculated. That's helpful to know where the technical indicators are coming from.  There are times in my own analysis where hand calculations seem appropriate.  Then, it's realized that the trend or range being calculated existed within an indicator available on MT5 or tradingview.com.   Studying and following commodities can be as intensive as studying currencies, and there is definite overlap, because it's all trade after all, and that's the purpose of the currency in the 1st place.

Moving forward.

The strategy is still under development on the new platform (tradingview).  For now, MT5 on the phone:

1. Risking 3% of $4746 ($142) in USDCHF for a buy, not considering market open/closing; simply getting back out there, ending this dry spell. 
2. A sell limit order on USDCHF. Hedging was explained in the last book too. Either the trade will be positive, or neutral because of the purposeful, opposing trades.
3. EURUSD, 10 pip SL, another 3%, buying at a 20pip TP
4. USDJPY, sell with SL:TP 10:20.

It's much harder to see this stuff just using the mobile app. As quickly as this was written, -$40 on the USDCHF trade because I fucked up the pips. Thankfully, it was a mistake <3 div="">

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The new book is Mastering Corporate Finance. It's a short one, <200 advantage="" all="" an="" and="" as="" be="" business="" can="" control="" could="" disadvantage="" div="" dvantages="" emotional="" exciting.="" expanding="" failure="" financial="" focus.="" forces="" forex="" from="" home="" human="" important="" in="" include:="" intensity="" interaction="" international="" invested="" it="" knowledge="" less="" maintain="" matters="" nbsp="" of="" on="" opportunities="" output="" own="" pages="" partners.="" perspective="" pick="" rests="" s="" seen="" shoulders="" success="" that="" the="" time="" to="" too.="" trading="" which="" working="" world="" your="">

It forces one to be ever watchful, awake, motivated, centered, thoughtful, grateful, loving, warm, curious, passionate, determined, flexible, confident, cheerful, energetic, and generous.  All are necessary for true success. Being spiritually centered is ever increasing in importance, revealing itself through my study and reflection on history.