Sunny Coasting Along

Thank you FF for the red diamond. I've just noticed it so not sure when it happened.

Also not too sure what it means but pretty sure that is an indication that I have reached the start of my learning journey.

Much like receiving a black belt in s martial art. That's where the real learning starts.

Cheers Anthony.

I think if you really love learning Forex must be the Never Ending Story.

I'm having a blast at the moment learning about Market Sentiment/Currency Strengths etc.

It is a great assist as I try to expand my horizons with other pairs and learn to filter better set ups.

I'm having a pretty terrible month profit wise due to the craziest of mistakes at the worst possible time , but learning a lot deeper now.

Thu, 24/10/2019

1st Trade with my newly acquired knowledge. AU (S) +22*3= 66 points.

Thu, 24/10/2019

GU (S) +69*2= 138 points.

Fri, 25/10/2019

EU (S) +22*3 = 66 points

If you have incorporated something you have learned not too long ago with your Market Structure -







You'll realize that you had entered in a no man land(marked with Yellow Arrow). The edge is the edges of the bands.

Did you take the trade?

Congratulations if you banked some nice profit?

If you didn't take the trade.... well...
Not much to say really is there.

I trade them as they come.
When Market Structure(Quasimodo Pattern) and price at the edge confluence, I will take it.
I like Quidsey - Up and under price pattern.

Live Entry

EURUSD SELL

It appears that you've gone from M5 to at least H1. I've taken an interest in your journey so I'm glad to see you go upstairs a little . It took me 4 full years of bashing my head against a brick wall on M5. I'm sure it works for some but I very much doubt it does for many.

Yes, I was actually at M1. I'm still very very much in my learning phase and working out what works for me.

Cheers for stopping by, I appreciate the comments.

EU (S) +6 * 3 = +18 points
EU (S) - 9 * 3 = -27 points
NET -9 points

Sentiment remains to the BUY side over Monday so will step aside for now.

Retail 95% short so looking to see if stops above get taken out. Yen is weakening across the board and EUR showing strength. I'll see what I can see.

EJ (B) +22 * 3 = +66 points

OCT 2019 PSY RESULTS

A pretty terrible 1st half of October where one stupid trading day removed my 10% profit gain that I had steadily built over the first 3 months and then took another 10%.

What was the stupid mistake??

I entered 3 separate positions where I normally enter one because I couldn't see the colour of my entry lines as I had recently changed the volume colour of my settings!!!! I mean who has ever done that??? I was hitting SELL and nothing seem to be happening so I just hit it again. I then went to bed and saw all 3 positions stopped for full losses. This of course was the 10th of OCtober where GBPJPY ran up 750 pips in two days. WOW

A massive positive was that it made me take a very clear and hard look at how I was trading and how tired (mentally) it was making me at my business and how it was affecting my family life.

I believe sincerely that it is highly possible for some to make very solid gains (and hold on to them) scalping reversals on the one minute chart. But I humbly understand I am not one of them. I am me. I am not you. I have to do what feels right for me.

Since the 20th of this month I am up over 8% which is my highest monthly gain since I started. It is obvious looking at my posted charts that my trading style is different now and it really works for me and my busy life away from trading.

Here are the results as I post every month regardless of the outcome.

Hi Anthony,
Doesn't your platform have a trading bar open for positions held---going to bed without checking your position status has cost you dearly, and an unforgivable mistake---You need Nih's Shiba Inu to bite yer ass buddy.

Kind regards
Ben

Over confidence is the mother of stupidity.

EU (B) +30 * 3 = +90 points

EJ (S) -22*3 = -66 points
EJ (S) -2*3 = -6 points

Very "nice" losses these 2 as I did my analysis and put on the trade. I was wrong, on to the next one

My broker could have easily taken my stop the 1st attempt. This gives me a little confidence in them.