I liked to try to start my own journal on supply and demand, or basically support and resistance as it is commonly known in the trading world.
About me? I started trading maybe a year and a half ago and at first I started on the indicator path like most beginners. And like most I blew a few accounts, not big but enough to be more determine to succeed.
Where am I now? Well, I'm basically trading support and resistance taking from concepts from Sam Seiden, I just like the concept of why price moves and putting 1+1 together, basically means why price magically moves from support and resistance 'areas'. I trade with the trend and also I take counter trades too. I look at multiple time frames starting from monthly working down to smaller such as 5 min or 15 min to for entry and I usually wait for h4 to close before I take any action.
How am I doing? I think I'm doing ok but I get the feeling my trading is not efficient enough and I feel my education is missing some important holes. On average I take 20-40 pips a day but really I want to take trades that run and run. This is the real reason for me to start this journal and hopefully some pros on FF can help point out my many faults.
About me? I started trading maybe a year and a half ago and at first I started on the indicator path like most beginners. And like most I blew a few accounts, not big but enough to be more determine to succeed.
Where am I now? Well, I'm basically trading support and resistance taking from concepts from Sam Seiden, I just like the concept of why price moves and putting 1+1 together, basically means why price magically moves from support and resistance 'areas'. I trade with the trend and also I take counter trades too. I look at multiple time frames starting from monthly working down to smaller such as 5 min or 15 min to for entry and I usually wait for h4 to close before I take any action.
How am I doing? I think I'm doing ok but I get the feeling my trading is not efficient enough and I feel my education is missing some important holes. On average I take 20-40 pips a day but really I want to take trades that run and run. This is the real reason for me to start this journal and hopefully some pros on FF can help point out my many faults.