Let's start anew. Risk model for now - 0.33% balance per trade. This is enough to be more serious than demo trading, but not serious enough to do much damage on my account.
Igrok method only.
Igrok method only.
Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
Newbie Factory Journal 12 replies
Trading Diary/Journal 5 replies
DislikedToday's top was a third touch of a rising channel. The channel is not parallel and is slightly widening though, so my guess is that it is not worth buying from the lower TL that has two touches. I think a better bet could be trading on the break of the yellow TL, as it has three touches already. I tried to find a divergence target but there only seems to be a partial divergence on H3. If it were correct then we might see 1.33, though I'll have to get back to you on that. Also one more thing is that I do not like is today's range, if the break were...Ignored
DislikedSupport on EURJPY. I wonder how crazy would it be to sell the break? The day's range is too big. I could sell with a stop above an intraday high but I have to wait until an appropriate high is formed. I could also simply sell with a fixed distance stop but I have mixed feelings about it. But most likely it wont be broken today and maybe I'll get a better location for a stop.
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Disliked1. On my charts the open of the day and the high before the news came out are different prices. The difference was not that big but it existed. The market was trading above the open price.
2. The delay was caused by the obvious reason. The market was expecting a news scheduled for a particular time.
3. The change in the direction of the main move of the day just three hours before the end of the day and with 30 pips intraday range plus on a major news release practically guarantees the extension at least into ATR. Like shooting a fish in a barrell....Ignored
DislikedWas away and by the time I came back the EUR/USD tl got broken. So the only option left now is to wait for a retrace back to the trendline. Also I do not see a high close enough to the TL which could've been used as a stop, so if I had sold it would've been either with a 60 pip stop above the closest high or a fixed distance stop above the TL.
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Also my EUR/CHF sell just got activated but the price jumped back on the TL. Yikes. The only thing I can do now is wait for the outcome.Ignored
DislikedUSDCHF intraday diamond in progress? Looks like it. If I'm not mistaken this is a single diagonal diamond, and as it is pointing up we should see it breaking to the downside.
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DislikedNow if that was a legit diamond on GBPUSD, then the question is if this is a legit diamond as well? Some similarity on the right hand side of the diamond.
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DislikedSupport on EURJPY. I wonder how crazy would it be to sell the break? The day's range is too big. I could sell with a stop above an intraday high but I have to wait until an appropriate high is formed. I could also simply sell with a fixed distance stop but I have mixed feelings about it. But most likely it wont be broken today and maybe I'll get a better location for a stop.
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