New setups are always around the corner
Measure twice, cut once
Trading Apprentice 12 replies
The Dao Apprentice Journal 36 replies
The IGROK files - Adventures of a rookie using the Igrok method 416 replies
DislikedThursday; -1.7%
I'm adjusting my rules to take trades even before news-release if a clear, technical picture presents itself. As Igrok "always" say; why not ?Ignored
DislikedHi Diaz!
I think you were completely right to stay out of the market on the British release! What might the market have done if King and consorts had lowered the interest to 1,0%? And as you said yourself on Igrok's thread: There will be other opportunities (See his Chapter 3 on Phsychology of trading! btw: I loved your god middlefinger thingy there!!).
I was in the EURGBP trade and my SL was missed on the retrace and I got the whole move. Why? I was distracted big time by three kids and I missed 13.00 CET and the news just was luckily in my favour!...Ignored
Negative R:R.
DislikedSold on break. SL @ other side of combs boarder.
- TS active @ 55 pips.
- Took 1/3 @ +0.5%
- Spiked out at +0.1%.
Negative R:R.
Ignored
DislikedHiho!
Great one - seldomly saw a comb like that! But were you aware of the news that riggered the spike? Canadian Unemployment coming out worse than expected at 13.00 CET, .... and the spike just happened then.
I still try to remember the German word... hehehe... it was not called Kamm I am sure! This is a great journal!!
Ciao!
Matt
(Halfway OK with the family situation now... just there for my kids! )Ignored
DislikedBoy, what a week ! I ended with a decent % return, of you look at the number +3%. It felts like I was driving a formel-1 car, while my skill wasn't good enough even for a go-cart. This week have been a living proof of the statement that; "the worst part of any system is the actual trader."
I just have to work and improve myself, not the system. What a luxury problem.
I could've ended up with many times higher % return but with my lack of professional handing of the many given scenarios...Ignored
DislikedJob well done and i cant agree more with you on this statement. Thats the very basics right there Enjoy your weekend untill the next round! Cheers mate
edit: some nice setups today by simple ta approach today were. hope next week we will get more jewls more momentum and a nice pippage no doubtIgnored
DislikedEnjoy your weekend.
For me, I'll be using the weekend to dig into some stuff regarding MMIgnored
DislikedGood evening buddy. Hope you had a calm weekend I spent mine watching movies and reading J. J. Murphy's TA book that J.P. recommended back in the day. He has some interesting thoughts that i took into consideration.
Ok, i think we will have a volatile week, but as Tokyo is on bank holliday so no movement is to be expected at the Asian session.
Checked all the currencies and going to bed. Be back at Frankie open to see if we have potential setups somewhere
Good night bro. Cheers!Ignored
I can ask myself why I hunt 40 pips while paying 10 pips spread. Insane spread, do they send a person down to New Zealand by airplane and exchange my U.S dollar's to NZD manually? That's 25% of the potential profits gone. Pointless.