The Weekly Flow by The Ten Year Plan Man...

See anything good tonight I may have missed?

Do you like my Holloween custume? It is now my pic. Who is it.. any guesses?

Well.. I am glad I got out of my yen trades, but wish I would have kept open my eur/nzd.

Here are the charts for a nzd/jpy trade that I just entered.

Here is a chf/jpy pending b/s i just placed. Based on the daily rejection bar and last weeks closed rejection flip, I have used my trade 1 to determine my entry on the daily....three red soldiers formation which is trade 1.

That seems to be all for right now for tonight. Have to see what happens. So far, this week seems like nothing more than a consolidation continuation from last week. No big moves yet....Maybe even end the week still in consolidation..... Have a nice evening!

I could have exited trades at 40% higher profit than now, and again at 25% higher profit than now if I would have gotten out, gotten back in, and gotten out again. This simply means that I just need to recognize reversal points better. For now, I am just going to be aware of price action and stick with the trade direction....until further notice anyway.......

Again, a pretty slow week. Much consolidation and good for an experienced swing trader..... I guess I am a breakout trader as hardly anything looked good for me this week, and I still have the trades open from two weeks ago, and I am less sure about my trade directions then before. On Sunday night I can analyze my open trades. Nothing else really to report. Sorry so boring, but I am holding off, waiting for my anticipation to play out. Have a nice weekend.....

No one guesses my costume? It is alright, lets have some fun!

Yes... I am back, what?

We had two slow weeks in a row, so I was in and out of a few trades and have now closed above $500 for the week. To celebrate I am adding an extra lot on the first trade I place each week. I have not really had a type 2 trade signal since starting this, but it will happen. I focus on type one. So, there are of course trades that I get in that are an off-shoot of type 1. See, there are many types of entries that you could use, and some of these are fantastic ways to enter. However, when I look for a trade. I am only looking for type 1 and type 2. Both are very easy to spot, and scanning for them does not cause me a headache.

So, I trade all pairs I can and want to add some commodities, but one thing at a time right? Right off, I can determine if the chart does or does not have a trade 1 or 2 opportunity. Then, I see for myself, "is there a trading opportunity on the chart that I think is equal too or better then trade 1 or 2"? Now I start to compare about what I see on the chart, and if it what I see looks like an opportunity that rivals trade 1 or 2, I think about taking a chance.

These entries may be one of many kinds of ways to enter a trade. Used everyday. However, if I don't get as excited as I do when I see a trade 1 or 2, I won't take it. I think being critical like this has 'upped my game' I guess I'll say.

It is like I always go home before I start looking. And, if no one's, I say.. okay so what is the chart showing, and at a quick glance can I get excited about what I see. And of course there is monitoring the open trades which I am doing at the moment. I think things are looking pretty nice.

Trade 1 and eventually trade 2, are in the first post. If you have a trade that you are 100% confident that if you see it, you will make a profit most off, then that can be your own trade 1. But, you have to believe in i effectiveness. Once you do, don't stray and start taking rouge trades that do not meet the standards that trade 1 or/and 2 provide.

The last important thing for me is a loss limit where I close out all trades, and not come back until the close of the next major trading time. My limit is 4%. If my trades combined become more than a 4% loss, I close all trades ASAP.

So, if you see me in a trade that was not trade 1 or 2, know that I believe it is a real winner! I can easily recover double a 4% loss within a few weeks. I believe so because I have been making gains like that regularly. At least lately, I should add.....

Please feel free to use my trade 1 or 2, or your own trade 1 if you prefer, and lets get on with this 10 year plan to freedom!

This is a second chance trade I decided to enter using a version of Trade 1. It might work out. I closed all open trades earlier for a 5% profit. Still not done looking for the evening!

Another couple of pull backers on the weekly. the one I enter lower, and the other I have a b/s off the daily..... might be a good end to the week. Sorry still nothing on a trade 2 yet.....

That is all the margin I have left..... will I close them tomorrow or will they turn out to be good enough to keep open?....Stay tuned.....

So far things are working very well. Here is a chart for a trade based on the basic rules. I do enter trades that are not trade 1 or 2, but I don't think that I am going to post pics, as I don't want to confuse anything. I am only going to show pics of trades 1 or 2 because they are what I always look for first. Then, as my brain wraps around the charts, looking for one of those two entries, either something better or something worse may come into view. If it is better, I may look farther into it, and take it. If it is worse I will pass, or close.

My philosophy: "How do I know if what I am looking at is a good trade, if I don't have anything to compare it too."

Here is tonight's chart..... It is a trade 1 short! Almost took a trade 2 tonight, but it just did not look quite ready. This means that I also think it might reverse.....Best trading!

It has been a slow three weeks with Thanksgiving in the mix. Even so, I almost closed about $600, at which time I will add one lot to my first two trades. When I reach $700, I will add an additional lot to my first three trades and so on. I plan on adding a lot to anther trade for each $100 i bank for the week.

This is my money management strategy.

Here is a what is looking like a good start to next week..... gbp/chf has my trade 1 on the weekly down to the 4hr charts, with a great looking pull back to support on the monthly chart. I don't know how long this will take to form, but I plan on opening another long come Monday's open and hold it until this baby moves or hits my s/l. I wonder what else looks good for Monday? gbp/chf chart attached!

Is there a big move in chf coming? Here is another chart with t1 opportunities 4hr - Weekly, when the montlhy is sitting on super support.....

chart......

Here is something between the weekly and monthly......

Looking for a reason to get out of this....

This didn't look too good at first, but after a second look, it is not half bad looking. I don't expect to happen early in the week. There is a trade coming here. Maybe it is already here, but I want to wait. I don't mind missing trades.... look at all these pairs! There is always a trade somewhere....

This is looking like a hold going into the week.....

Here isa buy in the making......

I believe that this has potential to continue a bit.....

Well, I was too impatient at the beginning of the week, but i got myself together, and got headed in the right direction. 2 forward....1 back, right?...Steps I mean.

But, we are at the beginning of a new monthly bar... Lots of fun to be had. I will try to get a few charts up soon.

Trade well fellow traders......