Gejordan Weekly Journal

I like the idea

Thursday 26th Oct

Friday 27th Oct

any particular reason you closed that?

I thought it supported at the bottom of the box and was heading up.

Nice job on these last two. Especially today. Going against the current tide, aware of that and knew to shut it down.

HI Gejordan,
I have been learning trading for more than 5 years now. i have been working hard at it(Doing backtesting, i finished reading all the other four(GJ thread,EU thread, Mentor thread, losing trade thread)threads you started).
I am using a software for backtesting FX markets.Despite all these I dont make money with my trading. I have read you saying that one can be profitable without spending on questionable courses. Honestly I dont know how to find good courses since the people who sell courses will not be selling their winning strategies if the strategies was winning. They will be making money with them. I have been reading about succesfull traders and hearing podcasts by genuinely sucessfull traders(market wizard book series and others).They were mentored by someone knowledgeable who could point out the mistakes that they do and steer them in right path....So I thought of getting help from someone who knows and is succesfull in trading. If I post some of my trades during back test and live trading would you mind to offer some criticism/feedback for my trade?
ABout me: Now I trade and backtest GBPUSD only. I am thinking of adding EURJPY too since this can provide more opportunities for exposing what I am doing wrong so you can offer feedback. I have read your thread. So I know what you mean, when you say edge to middle, Edge away from middle, ETB etc. Only problem is implementation of that from theory to practise... Thank you

From Wednesday 15 Nov

Thursday 16 Nov

Welcome,
Feel free to post live trades, please no backtesting. I am a believer that you can only learn about your trading from live trades since they are the only ones with true emotion involved. I would also suggest switching to EURUSD, it ain't sexy, but it's enough. I know you are in a hurry to get profitable, but you sometimes you gotta go slow to be fast.

You seem to be in the groove.

Thank you very much GeJordan. I was watching EURUSD mainly today. I had two trades planned .

1. Short from 1.1750 after repetitive failure to go above the RN 1750 . I was targeting 20 pips. I missed to check charts after the close of candle indicated by orange arrow. so missed that.

2. short from 1.1800 BRN on same principle. failure to break previous high at 1.1800 BRN. Since the momentum to upside was high I was trying to reduce risk by placing a PO on retrace but it didn't trigger.

These are updates for today. two similar trades. Both missed.

As I was reviewing my day, I found that I missed a long from S2 as well. I was watching the market when those candles were forming but seeing high momentum to the downside and lower high made I was hesitating to go long. I didn't notice the HIGHER LOW and then the BUOB at S2. I noticed this only on review not live. Thanks again

Regards

Don't love this one. Direction is good, but I think you could have expected that result when you look left to yesterday. If you take this one and it does exactly this, I think you have to stick around and see if you get the one you got an hour later. At that point I think you have the story you need. Does that make sense?