GLJ

Friday August 9th post



EU. I said sell and sell paid. Easy enough.
EJ. Went down but no entries.

Edit: forgot to say uj killing it as usual.

Monday August 12th




EU. Sell
EJ. No Bias until strong break above or below range.
AU. Sell
UJ. Buy

Monday August 12th post



EU. Gave the market some on what would normally be taking some. This entry was correct.
EJ. Market broke below the range i was speaking of and gave an entry. I missed it because i was in 2 other trades.
AU. Didn't take that sell. 2 Losses, a little busy at work. Decided to not take it.
UJ. Reaction at my entry but it wasn't strong enough. Correct entry but i will say that i was trading in the wrong direction here.

Market: LOL he had Biases LOLLOLOTROLOLOL
Me: ...(uncomfortably silent)...

That pretty sums up todays action.

Things to work on.

1. Mid trade decision making. Do i alter as i go along or do i set and forget?
2. Too much discretion. Create a checklist to minimize discretion.
3. 4 pairs at work? A bit much? Must create a standard work flow to manage time.

p.s. i knew the first day i'd post actual trades would be a losing day, just the way things work round here.

Tuesday April 13th



EU Down
EJ Undecided
AU Down
UJ Up

Tuesday April 13th post



EU.
Sold at a good place to sell. Should have also bought at the bottom but it wasn't clear to me, i was highly distracted at work.
EJ.
1st trade tp missed by half a pip. Spread actually went down but price didn't :<. When it went back up i closed at a bit of a loss, should have been BE. 2nd trade was the a re-entry from the 1st trade. Price did something my experience gave me confidence to take the trade so i took it. 3rd trade was a bit obvious to me had to take it.
AU.
Very silly trades today on the AU. AU was the funny guy today.
1st trade was not apart of my trading plan. It was an idea i was working on but i didn't take it properly. Closed that bad boy for a little loss.
2nd trade was another idea i was working on. I'm almost at the trigger with it but i shouldn't have taken it. Closed for BE.
3rd was a long the lines of the 1st trade. Went straight to my stop.
4th trade was a proper trade but entry was ugly. If entry was proper i would have hit my tp exactly where i closed it so i closed it.
UJ.
Took a good sell and it hit tp. Should have sold again around 10:35ish but i was distracted at work.

Market: More biases? You kidding me? Haha..... What the!
Me: Fool me once....

Missed some trades, messed up some trades, made some trades. All in all i'm up 33 pips.

Things to work on.
Still working on that work flow.
Making some headway into less discretion but still have a more to do.
Improving mid trade decision making.
Stay away from style drift!

Wednesday April 14th



EU. channel
EJ. channel
Au. slight up
UJ. channel

Wednesday August 14th



Took 2 trades. Bought the EJ, sold the UJ. Both lost. I wasn't really feeling like my normal self and i started falling asleep early in the session. So with 2 losses that were subpar trades from the get go, general uneasyness, and sleepiness i decided to not trade for the rest of the session.

Things to work on
Sleep

Thursday August 14th



No more biases. Finally got a chance to test bias vs non bias properly and it turns out non bias wins.

Thursday August 13th post



EU.
1st trade was correct setup and correct entry. 2nd trade was a semi tested trade, should not have taken it.
EJ.
Correct setup but i timing was off.
AU.
1st trade correct setup and entry. 2nd trade was correct setup but late entry. Proper entry would have taken me to break even.
UJ.
1st trade correct setup and correct entry. While in the trade, a signal for sell appeared. Held onto the buy but i should have exited then entered on the other side. 2nd trade correct setup and correct entry. Closed trade due to time.


Some wins some losses. Overall i'm down 9 pips. If i had taken just walked away with my first 2 i'd be up 30 or more depending on where i would have tp'd.

Things to work on
Not taking incompletely tested trades.
Some sort of opposite signal weighting system (if it actually works)
Less trades taken and held longer during certain times??

Stats
Week 1 Total -32.3
08/13 -30.0
08/14 +27.9
08/15 -21.2
08/16 -09.0

Friday August 16th

Friday August 16th post



EU.
No Trades
EJ.
No trades
AU.
1st trade bought at the right place. Then decided it was going down mid trade so i closed and flipped it. Loss. Silly move. In the moment, my mind locked and i just knew i should have shorted. There were absolutely no other possibilities in my perception. 2nd trade took the same sell in the 1st trade. Loss.
UJ.
Sold at the right spot. All signs said go. Then i had an epiphany. It's gonna go up! Closed the trade and watched it go down to profit area without me in. Shooting from the hip doesn't work for me.

It's quite interesting that this happened. I'm only trading 5 cents a trade but yet i feel like i have to win, yet when i trade larger amounts i am perfectly disassociated with the outcome. I can literally feel my mind lock on win once i'm in the trade. Maybe its this public access journal? Maybe i'm not taking it seriously because of the small sizes? Some action must be taken.

Of all the trades i've taken this week, majority of the losers were due to trades not within the trading rules. Not only did they add to the losses, they allowed me to miss some wins which further compounded the negative pips. My current goal is to stick to the trading plan by with a little pre market and pre trade prep and reviewing/simulating the setup until it's second nature. Also next week i will only be trading 2 setups and no others.

Not counting trades not taken , if i were to have stuck to my rules i'd be up 54.8 pips.
Instead, this week ends with -64.4 pips.

Monday August 19th

Monday August 19th post



EU.
Bought early. Should have waited for a strong close above the line.
EJ.
Took 2 trades. 1st trade was the same trade i said i was gonna stop taking. In the moment it was difficult to see that it was the wrong trade. 2nd trade was the properway to take the trade.
AU.
No trades.
UJ.
No trades.

Still taking trades i shouldn't be taking. Spent a couple minutes looking at some charts this weekend. Definately not enough time spent to get this right. Todays mistakes occured in the setup. Clearly defined rules for entry are lacking. Been busy setting up for a big change. This week i expect to have clearly defined rules with a checklist for entry on both of the 2 setups i've decided on. It's an interesting feeling to be posting consistant losers.

Friday August 23rd



Brief hiatus from trading. Personal Business.

Friday August 23rd post



EU.
Sold into a low. Good job.

Next week i will be sticking to what i beleive to what i see Pullbacks and Break Outs as. I will also attempt to aggressively pyramid them. I pyramid very well on the higher timeframes but 5min pyramiding may require some mental/emotional dexterity.

Will only be posting post market charts.

Gonna stop posting here for a bit. Have some life to go enjoy.

T WO, L WC
RTs
CS