My Journal.
Keeping emotion to a minimum, I intend to post my observations concerning the EUR/USD at my leisure. Occasionally there will be some banter concerning the AUD/JPY, GBP/USD, AUD/USD, USD/CAD, and USD/CHF.
My goal. Understand and improve my decision making.
CHANGE:
I will be posting my 1min/5min trades from 10/15/12 until i stop decide to stop. I will be trading the Eur/Usd exclusively. My trading style will be entries on SR flips following the immediate trend and the usual entry on SD levels.
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April 15th, 2013
Journalizing an "idea" that i have. Going from observation to creation.
Following the Eur/Usd and the Eur/Jpy, the goal is the same goal everyone has. Pick places that price will bounce.
So here's the playing field.
Pairs: EJ, EU
Time: Price must "respect" these areas between the times of 9am and 12pm est
changed from - Can only place a maximum of 2 lines above price and 2 lines below price at 9am per pair.
changed to - Can place as many lines as i like. Explained on Page 11 post 155.
Added: If price is hovering in close proximity to a line at 9am then that line does not count towards the line totals.
Thats it.
Couple of things i want to do with this.
1 possibly add to my returns.
2 recreate a habit of consistancy when it comes to trading. Been pretty damn busy this year and my trading reflects this.
3 forward test an idea and see what type of things come up mentally while doing this.
Most important is the consistancy. The results don't matter as much as building a habit of continually working towards my goal.
I'm curious to see where this takes me.
starts here: http://www.forexfactory.com/showthre...34#post6605834
Keeping emotion to a minimum, I intend to post my observations concerning the EUR/USD at my leisure. Occasionally there will be some banter concerning the AUD/JPY, GBP/USD, AUD/USD, USD/CAD, and USD/CHF.
My goal. Understand and improve my decision making.
CHANGE:
I will be posting my 1min/5min trades from 10/15/12 until i stop decide to stop. I will be trading the Eur/Usd exclusively. My trading style will be entries on SR flips following the immediate trend and the usual entry on SD levels.
________________________________________________________________
April 15th, 2013
Journalizing an "idea" that i have. Going from observation to creation.
Following the Eur/Usd and the Eur/Jpy, the goal is the same goal everyone has. Pick places that price will bounce.
So here's the playing field.
Pairs: EJ, EU
Time: Price must "respect" these areas between the times of 9am and 12pm est
changed from - Can only place a maximum of 2 lines above price and 2 lines below price at 9am per pair.
changed to - Can place as many lines as i like. Explained on Page 11 post 155.
Added: If price is hovering in close proximity to a line at 9am then that line does not count towards the line totals.
Thats it.
Couple of things i want to do with this.
1 possibly add to my returns.
2 recreate a habit of consistancy when it comes to trading. Been pretty damn busy this year and my trading reflects this.
3 forward test an idea and see what type of things come up mentally while doing this.
Most important is the consistancy. The results don't matter as much as building a habit of continually working towards my goal.
I'm curious to see where this takes me.
starts here: http://www.forexfactory.com/showthre...34#post6605834