personal trading diary

today should be sell day on eurusd , unless last yellow area will be crossed. Daily+volume patterns saying the same: sell. I still hold my trapped sell trade.

edit: pitty Im still in trap, this would be really excellent trade, exactly how I like to trade , with SL around 100points

edit2: another testing the M5 yellow area /pic3/ , on smaller TF it looks this level will hold and there will be continuation down, although there is H1 bull high volume pinbar under. complicated.

edit3: patterns looks right to turn and continue down /pic4/

edit4: it looks like yellow area work pretty good, but I do not like patterns, especially two decided bear candles on so low volume. This just doesnt happen normally. Expecting re-testing with possible turn to bull. /pic5/

edit5: added micro BUY TP=openprice , result:breakeven

edit6: first yellow area retested as expected. Also new yellow are on M5, with bull crossing. Interesting lets see what happen. /pic6/

edit7: OK, this looks correct, including no demand pattern... /pic7/

edit8: not bad /pic8/ not bad /pic9/

EURUSD

mini buy , although I think right way is down, I do not want to ignore H1 pinbar on high volume.

edit: buy closed, just few correction pips. lets see how deep it can go today.

edit2: zigzag I drew few days ago /before trap catched me/ is still in game. third untested open price /blue arrows/ to be tested today maybe /pic 1/ . But very strong H1 yellow area between /red arrow/, if crossed by bears, it can be very huge drop down again.

edit3: nice setup for dropdown on H4 , opening bb, weak bullreaction on the edge, closing candles bellow MA churns.. /pic 2/

edit4: some yellow areas on M1 occuring /pic 3/

edit5: another with bear crossing , news in 15 minutes /pic 4/

edit6: yellow area M5 occured /pic 5/, closed my longtime short and turn to BUY on 1.23182. This will be the last trade before easters, buy canceled, turn back to sell, will see.

edit7: think about to quit my sell, yellow area occured on M1 , see whats gonna happen /pic 6/

EURUSD

sell: 1.23236 SL: 35pips TP1: 40pips , TP2: variable

edit1: waiting if market show crossing or strength above M30 yellow area . strenght = jump out, crossing=confirming sell

edit2: yes this looks like my trade /pic 2/

edit3: I decided to move both SLs to BE, here is very good chance for big big drop

edit4: next day. position still active waiting for H1 candle to close. Maybe close trade manually but position is very good, will see.

day 3 for my trade, still active... I will start to think about to close of trade /or half of it/ on 1.22400 at soonest . SL of second half will move to 1.22900 probably.

trade closed finally 2x 76 pips , and turned to BUY with 20pip risk , not very sure about it, will manage radically if succeed.

BUY closed on BE, SELL with 10pips risk

edit1: very tight setup /pic1/

edit2: ha, still active, will see /pic2/

+15pips

edit3: very succesfull few days for me, I catched all untested open prices /blue arrows/ and continue with last opened position /TP 1.21950/ . /pic3/

edit4: this is my last trade /pic4/

edit5: the rest was closed on BE by SL

OK, Im green again, good... I have good theories and stretegy, Im sure about it. Now I need stone-solid trade managing, to make my balance and return graphs nicer and more up-straight. I will lower my standard lot size for a half.
My rule about two halfs of trade doesnt work so good. I will closing first half around 15pips and move SL of the rest on BE. Even I will probably miss a lot of moves and will be very often kicked on BE with some small profit. And of course never move stoploss. Its probably only way how to be consistent. Thanks everybody for reading.

some notes from personal observing, just repeating my mantra, somebody can call this my "strategy":

* gaps are closing and open prices are testing, "always" .
* daily +volume pattern are good indications but hard to trade and they are not accurate, it can change anytime.
* highvolume churn candles and areas are strong and powerful. crossing is a good indication. when there is M5 yellow area and then on M30 occured new, valid is the one on higher TF. M1 yellow areas can be ignored in bigger move, but they always moving at least 100points. More times 200points.
* Pinbars on high volume especially H1 or M30 are good signals, and should not be ignored, when they are opposite to my trade. on low volume not. Also good opportunity to trade, with nice defined SL.
* highest volume candle of the day is good indicator of real move. Espec H1 , M30 .
* H4 TF is complicated and hard to decide anything from this TF.
* moves starting on low volume are very often re-testing startpoint of the move. on all timeframes. First bull candle on low volume in down trend, then another bull candle on low volume, and then third will go down to the first and back up. Often pattern. Good opportunity to trade. Sign of strenght.
* when BoilBands is tight and then open , and then opposite candle occurs on low volume, aka no demand/supply pattern, its perfect opportunity to trade. With SL something like range of this last candle.
* nodemand/supply pattern after high volume churn, especially as a part of crossing, is perfect confirmation and opportunity to trade.

personal notes, if somebody want to clear up how I meant something, you can ask.

EURUSD

waiting M30 candle to close, if volume stays this low, I will put SELL with SL ca20pips, above open price.

edit1: Acctually M15 shows same pattern already, so SELL.

edit2: H1 close, M30 close, and them partialy confirming my theory. But re-test of openprice is very probably. No supply pattern on M5 = not very good sign. Price is already too low and expect some correction maybe UP. Need proper trade managing /close half with some profit if occured, and move SL to BE asap/.

edit3: My SL is in "safe" above today high for now, this is most risky part of trade, but low volume M30 candle, broken yesterday low, and big trend DOWN, should give me opportunity to BE my trades at least. Will manage that.

edit4: still no real strength shown, waiting.

edit5: doesnt look like my trade, but price moved on low volume. H1 is significant. Expecting re-test at least.

edit6: loss , bad. I was not able to close the position on BE, even my theory was right and price came back to expected area. Have to learn from this. So Im bit red again.

anyway, Im quite happy with this result. I know everybody want to see green, and some percents /hundreds of course/ , if the return is negative, what is the sense and who cares about that, I can understand.. but acctually, if Im honest to myself, this is the best result I have so far. -0.7 percent on more than 50 trades...
but of course it have to be better, I know this is nothing to be proud of , of course ..

low risk sell for today

edit1: loss, turned up and close MT4

edit2: buy succesfull, TP1closed +25pips and second half moved to BE.

result: - 4x8pips , + 2x25, 35 and 40 pips

EURUSD

yellow area on M15 and M30 occured. This means there will be some significant move /1000points+ /. Until another yellow area will occured. Now It looks like buy.

so I BUY with around 25pip SL risk , there are 4xTP 300, 600, 1000, 2000

other notes: Daily is buy, Price above 200 and 50 MA on H4 exactly. Maybe too obvious which means possible spike.. Waiting how M30 candle close. For now its perfectly setted up for buying, I think.

edit1: I want to provide my trade exactly like this / H4/, so everything set up, closing platform.

edit2: wait for bang /tight H1 BB range/, I believe Im on right side.

edit3: nice bang, H1 tight including yellow area are always great. TP1 + TP2 hitted, SL moved to BE.

edit4: it doesnt look like more breakout, but even it doesnt look like turn down. so who knows, I can keep opened rest of my trades on BE and wait if they will hit the target. If some reversal sign occur, I wil close one of them maybe.

edit5: closed the rest

result: + 30 , +60, +35, +35 pips , risked 4x25pips

EURUSD

today Im shorting from yesterdays high with target today open price, and then I will try to buy around yesterdays open.

edit1: I had a luck, 2points not hitted SL, then I moved SL a bit /only20points/ ..and TP1 hitted, the rest of sell moved SL on BE

I have buy orders / and sell's TP2/ on 1.23300

EURUSD

today shorting again till 1.23187 , where I have TPs for shorts and buy orders two points lower

edit1: three parts of short position closed on +27pips. rest two moved SLs to BE

edit2: pyramiding short based on M30 no supply pattern, till my target. Still all position is on BE.



edit3: SL hitted, no loss. Waiting if my BUY orders will be catched. I do not see real strenght to go BUY now.

edit4: BUY orders hitted , need to be carefull for further drop. I would like to see real strength and consolidation above 1.2323

edit5: BUY closed on BE, I do not see strength, thats all for today.

result: +3x27pips + some pips BE

EURUSD

today I will respect M30 yellow area. Im BUY with SL bellow area and I have sell stop orders bellow, with SL above his yellow area.

edit1: H1 yellow area occuring , extremely tight M30 BB range. should be interesting today. Anyway, buy above and sell bellow the key yellow area have to be good way of trading. Really no surprise that there is massive activity on 1.23232, but what that will be, buy or sell, I think buy, but can be wrong.

edit2: good, now no supply pattern on M30. We can go really high I think, I wanted to buy from this level few days. Finally.. Acctually, no supply pattern forming, not confirmed, if next bull candle on M30 close on really low volume I will think about quit, if it will close above and higher volume, then its confirmed no supply pattern

edit3: this looks a bit complicated, but not bad. But I want to see some strenght on next candle/s/. Crossing of todays H1 yellow pattern would be sign of quit BUY and start SELL, of course. Now everything logically setted. Closing MT4, will check that evening.

edit4: SLs hitted -16pips , sell order hitted, Im in SELL now, SL above H1 yellow area, 20pip risk .

edit5: SL hitted again , - 2x20pips , again BUY, above H1 yellow, SL 23pips

edit6: BE , +15pips

result today : -57pips, bad but Im still green in total, and it looks this H1 will work for buying next week

EURUSD

sell, with 25risk, argesive management needed, risky trade

notes: W1 is more like up , D1 is down , M5 is down, its monday and London just opened.

edit1: loss 2x-31pips , again sell with 23pips risk, edit 50pips risk, I really want this trade, and do not want to be kicked off.

edit2: Im not happy with this trade, but I believe in D1 formations together with volume and it still look down, that would be good position in further bigger move. I will not move my SL more and will see . strike is 1.23580 and SL is on 1.24075

still in trade, close to SL. few yellow areas M5, M15 occured before London session.

edit1: move SL a bit , to 1.24120, as a last desperate act. /1.24077 is very strong level/

edit2: From monday, I should stick to this my original scheme /red lines/ - above is buy and bellow is sell. It was easy. But I let cheat myself by other signals. M30 and H1 yellow areas are strongest signals, I should remember this.

edit3: LS hitted, loss, sell again with 20pip risk. I need a rest, my trading is bad.

edit4: crossing M15 and also two M5 areas, so this can be start of huge sell out as I expected, but I was kicked off.

this is my current position D1:

EURUSD

nice M15 yellow area occured, I stay in sell for today

edit1: not bad, I would not look for reverse sign to buy until it will move at least 500 points down from yellow area

edit2: I ignored H1 pinbar and another signs for reverse and that was right. New M30 yellow area occured, I will watch this level, if crossing I will close my sells

edit 3: crossing, I will not ignore all this buy mess, so close sell: 2x and BUY, 24pip risk, If another crossing down on M30 I will probably close it, But after this I see I expect big buy trend. note GB is collapsing.

edit4: new M5 yellow area occured, I guess selling but will wait for confirmation. I change leverage to 1:500 for one turbo-trade. Im still IN and thinking if I should close or hold. I will watching closely this yellow area

edit5:close all, enough. 1:500 is pure adrenaline, changed back to 1:25. oh..

EURUSD

sell, with risk 25pips

edit1: closed on BE, new M30 yellow area occured. All look to me more for BUY, only night M5 pattern look for sell. I will wait for formations around this new M30 Yarea , Need to wait for London open etc..

edit2: few pips risk test sell trade added, right bellow the M5 yellow area. Just want to see if it work or not. SL hitted -2x6 pips

edit3: BUY with SL 20pips /bellow today M30 Yarea/ , I think this is right way.

RIP me, account blown, 1:500 leverage ..