Weirdest trading

I'm planning to make a very small account (10-50$) and trade without any indicator just a plain eye and using Shapes/Trendlines to at least compress the information so I can understand what are the markets are showing.

What is my goal?
That you can use your eyes and observational skills and get some sort of edge
(BUT NOT FOR EVERYONE)

How Am I gonna kill the noise in the markets without an indicator?
No clue, but I'm putting my monkey brain straight into the charts to look up for entries but not for some sort of prognosis or where are the markets are going. What I care is how am I gonna enter and take my thin air money before it burns out

What pairs am I planning to trade on?
Mostly every type of pair but major ones which are GBP, GOLD, Exotics(ZAR, NOK, MXN), EUR(I rarely trade this digging hole pair).

So yeah. I don't know how it will go.
I don't use stop loss but I'll use strict MM, maybe Stack MM like braintheboss did it but I will stop that order out if I don't see it progressing


See you on Monday

- I will put TE or Myfxbook.com up on Monday too. I'm a lazy f**k

P.S I wouldn't call this PA trading. I rely on where the F is MM planning to reverse or catch up some nasty stop losses or set up a daily price target

Alright.

Today I did very bad preservation with my trading. Literally missed the same scenario that happened with GBPUSD about 3 weeks ago. And crashed down.

But I regained that deposit that I've lost . So I've started with 50-60$ instead(Less risk for me anyway)

Took good 20~pips to sum up from EURUSD all orders. (I don't really trade that but it was a golden opportunity)

Excited for the next day

No indicators were used

Today: 9.5%

Alright, this is how I fucked up after taking good EURUSD trades while keeping my losers in GBPUSD complete marry those orders until I got margin while adding up not at the right time with 0.2 lot order

P.S My leverage is 1:2000.
If balance would have reached 100$. I would instantly change to 1:1000 for less greed and risk but didn't meet my target

Added up my FxOpen accounts which both got a bonus for some reason. I thought why not use that money to keep this Journal weird trading alive

Got my targets for EURUSD today. I'm not gonna touch GBP because I don't see price acting anytime soon because we have a lot of prices to be taken and I can't see actual price target to pierce and stop.

But USDNOK has some good swings, especially when we are at the very top of the price. I wonder if it's planning to set new High/Low price in the weekly

Gold(XAUUSD) has a lot of room to get some price target's to be set and taken because of how Trump is playing trade wars and how the mass of traders are just gambling with small intraday flat atm

EURUSD in the screenshot is simple. The same scenario every time jumps with last week news. Just drilling it's a** to the ground because of fear with USA and China trade wars too. A lot of fake breakouts to be seen before we see a sweet sweet drop

Edit: I took Gold on buy side because of 2 bottoms. News will show where the price will go because lacking volatility and momentum in the markets
For exotics I use Trend Magic only but just to see what the flat is doing in the mean time I still trade more Gold and Major Pairs

There we go. Some good progress.

I might trade more often EURUSD but still, GBPUSD has more favorable opportunity's (FXOpen increased margin requirements on GBP sadly.)

P.S
Seems like price either pierces or will stop for 2-3hours until Frankfurt-London session closes out

Big drawdown sadly because of how rookie misplaced price behavior analysis was taken

P.S EDIT

EURUSD Tops weren't taken that's why I didn't open neither buy neither short. It was a big gamble with Trump news that I thought won't come before I take place. But I'm a very great trader with momentum but dumb with misplaced sides to trade

its interesting journal to follow and join on learning, join on the journey.

For today's mistake, I've done is with AUDJPY. Got 3-4$ instead of closing it in the morning I just opened new shorts and it stopped out. Doesn't matter it was a free bonus account (Even when I had a very great run with an account, sh** happens all the time with my trading)

I've deposit 34$ into my previous account when I crashed while having reached 92$ mark with nice almost 200% but got stopped out in a stupid overholding trade mistake and USA session tricky retest on GBPUSD.

So I'm deleting Rag2RichExotics and I'm gonna replace with my main Rag2Rich to trade with exotics and some major pairs. I'm gonna grow both accounts with different brokers. Looks weird but hey different data coming in too with wicks n tails on candlesticks

Here is my hindsight what I saw price acting in some weird "pattern". BUT remember it always changes because it's forex markets. They are constantly changing

P.S EDIT
ON FXOPEN account I got positive swap (What luck, never had positive tho and a big one). That's why it's green while being on the wrong side

Market Market target is my target for clarification, I just identify where the prices are heading for me atleast

Something ain't right with the price

Booked small scalp but oh men!!!!! I missed free 50 points, impatience is gonna kill me even when I'm in a good side of a trade


Either way, EURUSD is trapping himself in that box or we see some mixed up news to confuse traders off.

!!!!!Beware of MM trap right now/ Or Trump news!!!!!!

P.S EDIT
Changed my Roboforex account leverage to 1:1000 instead of 1:2000. Reducing greed and increasing R:R trades

Ach there ya go impatience cause and effect on trading affects my target being lost fully. Well, at least I booked some great profits

Sweet sweet scalp on Gold

Alright, this is not a big tragedy but a very bad bad bad mistake that I do not recommend anyone to do it.

This journal is dedicated to myself and my reckless personality with trading that I did today

Woke up like real shit, to be honest. Allergy fucked my throat so badly that I thought that this is flu. It wasn't when I find out that I was sneezing every 10 minutes. This thing added up to my reckless trading that I did

Another thing what I did wrong is I completely ignored the same pattern that I shared with everyone in this journal. It repeated itself the same kind of matter. Instead, I bought for some kind of a pullback because you know its FRIDAY. Lack of experience nothing else

Gold trading rush with Buy-side was another huge mistake that I ignored. While I was browsing Facebook, I was in this group where a woman who is an analyst with fundamental trading said it's strong buy on XAUUSD(GOLD) but PA was literally screaming SHORT THIS BASTARD. But I didn't listen to. Instead, while I caught a really nice pullback on EURUSD and holding it, Gold just fucked it up by going down in a grinder matter.

(Don't get me wrong, that women are good on forecasting news and breaking news that is coming out but with a signal that she shared was red flags for my own trading and I didn't listen to myself.)


ALWAYS TRUST YOUR ANALYSIS. I literally saw that sometimes I'm off my plan with trading and I get reckless and turns out my Price target forecasting is always right. It means my consistency is dying because of my psychological problems with myself.

FROM NOW on I will post my analysis before I trade and will follow plan thro and keep posting what I see while my target isn't reached.

What I do not worry is losing money but by looking at these simples mistakes I wonder how much money I've missed (Maybe thousands from such a small amount of cash, crazy right?!?!)

Alright my next week target with cash is to flip from 30-40$ to 500$ in a week (I've done that with scalping strategy before I blew myself with sleep deprivation after arriving at the UK, again a psychological problem with myself)