Now I know how to trade - Journal

*I AM NOT AN EXPERT, I DONT SELL ANYTHING, I HAVENT INVENTED ANY TRADING SYSTEM, I AM NOT A GURU, I AM NOT TRYING TO CREATE A FOLLOWING.
*I AM 22 YO AS OF 2019. I AM CONSTANT LEARNER, I DONT MAKE BOATLOADS OF MONEY, I STILL LIVE WITH MY PARENTS(AS OF 2019)
*If I have made any mistake or comments which you may not agree to it is not my problem.
the person reading this might be a pro trader, I respect all of you and I admire to attain your level.
I won't be ranting again after this. Keeping it all positive.

The first post will be updated later with files and other updates.
Also, I am not here to pitch anything to anyone. I declare that I will never try to promote anything now or in the future.

okay Real Talk
It takes quite a lot of time to actually trade profitably. Some take a year to acquire the skill, some need at least three years, some never stop learning, some keep on changing their strategy, some quit,

It took me 3 years. Everything I have done in the last three years:

1. Getting to know various concepts
2. Learning new software
3. Got scammed and spotted scams
4. Enrolled in two forex courses
5. learned many strategies
6. watched many youtube videos
7. Tried and tested various INDICATORS and Settings
8. Tried a few EA's
9. I tried to build one of my own EA and backtested it (Not happy of the results, but this is on my to-do list)
10. Started few threads stayed active on forums

OKAY!! A rough journey. I don't know if everyone goes through the same route!

QUESTION Am I profitable now at least after all these years?
- YES!!!!!!!!

I now trade manually with the simplest tools available to everyone. I am decent at picking trades.

QUESTION What do strategy do I use to trade???
answer:- Make sure to buy when I anticipate that price will move even higher
Make sure to Sell when I anticipate that price will move even lower

TAHTS IT!!!
TOOLS I USE TO SUPPORT ME

1. Normal CandleSticks - To represents price and also view them in different timeframes
2. Pivot Points - I just feel more confident to enter exit around these levels
3. Currency strength data - To find some currency to trade or else I will worry which currency to trade the entire day and never trade.

Trade decisions are made based on using these tools. The only reason I took too long to master this skill was that I lacked discipline and I didn't want to be rich, I never wanted to make money since I already was making money with my other business.

QUESTION So was three years really required to actually learn this skill and was it so much necessary?
answer:- YES!!! I couldn't have been here without all of that.
WHEN YOU START IN THIS MARKET YOU ARE ACTUALLY THOUGHT THE WRONGS FIRST. YOU LEARN THE MISTAKES FIRST, YOU NEVER LEARN THE RIGHT WAY BECAUSE THERE DOESNT EXISTS A RIGHT WAY. so all those years were worth it?

Final question: Why this thread?
I want to document my trading.
I tried Evernote etc.. I don't like them. I like documenting and interacting. So FF was my favorite choice.

I will post more stuff here for the of documenting my journey a trades you can hop on if you trade similar way.

Thanks for the reading champ.
Have a nice day.
More updates to follow current post date: JULY/14/2019


warm regards
Thanks for reading. Sorry for anything I say which doesn't sound good to you. forgive me as a random stranger on the internet.

Hi,
I subscribed to your thread.
I wish you good luck
mosah

Hope we can learn one or two in your thread. More pips!

Good luck!

Thanks everyone for the support.

I had an eye on US30 early morning missed a good Long Entry at 27347.0
Waiting for more setups on XAUUSD and GJ.

I will attach charts and details after I get a few days used to sharing everything at the forum and everything.

- goat_360

Hi anjanbabu,
Could you show some trades with charts and results.
Thanks

yes, will be posting charts. I had an issue with my license and had been away from the office the whole day.
cheers

Can you tell us more and post charts please ?

Thank You

Best regards

I am really impressed by the amount of content is present in this forum. I am constantly learning something new every day. I am following the Pivot trading thread started by Davit very closely. Since their style is a little different to mine. I don't want to post on their thread. I will post here.
THIS IS THE THREAD I AM FOLLOWING. If you want to learn please go there you have more than 1500 pages of free knowledge and people to help you out. They actually seem to trade far better than me.

I may not be very active but I will try.


This is a copy of what I posted there. The forecast for the coming week. I will be making changes and building positions and patterns based on these weekly forecasts.
On Wednesdays, I will try to find out what's wrong and find out any possible changes to be made. Everything is for my personal journaling don't ask me for my results because I am not asking for your money. I am here to learn by myself using the resources of this forum. This is a forum free to post trading related items.

The images contain the analysis for the next week.

Thank you i heard alot of things about that thread and i dont know if it is legit or not, but from personal experience i can tell you that Davit is hmm to put it very nice he is very strange i was asking about hes strategy in a kind and fair learning purpose never have i seen so many curses and bad words in one reply as the one he sent me. Also look how many people he ignore and tell me is this normal is this a person i like to learn from. The answear is no.

Best regards

Trades I am in right now.

The system works. Pivots have a long history. Also, you can backtest manually and experience it for yourself. That thread has many other people who are helping others. You just have to take in the information. Ignore all the other noises

I had USDCAD entry buy I closed thinking it isn't worth taking for a little loss. Then price did its magic and my TP which I set was reached.

How do you put pivot points.
plz explain.

The pivots are drawn by indicators. All indicators are uploaded in this thread. https://www.forexfactory.com/showthread.php?t=588764

currently in EG and AC.

will be closing EG.

closed EA

Red day. Closed all trades and took a day off.
GJ -60 PIPS. later it fires back up in few minutes and missed it.

But had +12 PIPS on AUDUSD

In Gold

Gold TP hit below weekly Pivot


GU Just managed to breakeven on one trade and closed early on other trade.


AU TP hit just around the pivot point.


Currently, on a US30 short -60 PIPS have a stop loss on daily R1 (It wasn't a good entry, I forced it and now down 60 pips)