Market Maps Trading Guide

I am not very good at posting anything but a picture. Last week was a great week! Made a bunch on CAD UC,AC,EC. Icing on the cake with AN. Currently short AN again. Been Scalping E/A long a few times and currently long again. I don't have a good way to show my results but these are my last 131 trades.

I am way beyond my normal risk parameters but I have an 8 month goal. It includes reducing my risk exposure. It also includes not trading in December or Mid June thru the end of August. If I continue my results I have had the past 10 months and meet my weekly goals.......I will be resigning from my day job. The first step was to put my trading style into words. A Trading plan if you will. See page 1. Next was to focus on trading consistently and finally, add the pressure. Specific goals. This week is on track! I have been honing this skill for 16 years. It's time to have it stop being a fascination and start providing me the life I want. I have sacrificed much for my family over the last 20 years. Now for them and me. I am doing THIS!

OOOOHHHHH BOOOOY! Hope you weren't on the wrong side if the Kiwi trade! I could tell it was going to be a doozy based on EN an AN activity early week. Just grabbed some Kiwi shorts on that spike!

AN!!!! Strait Down jump out we are all doomed!!!!!!!! Relax, a couple of sessions gone against you. It is not the end of your life. Look at a weekly chart, it's extended way beyond most other weekly ranges. There is a spike in the making, Look at EN, we've already started to leave a tail. Nothing extreme has happened. Kiwi left rates unchanged and Aussie employment numbers slightly missed, the market will forget all this next week. That being said at least for Aussie, I'd be selling any pull backs. E/A weekly is a sign. AN can get on a roll for weeks. AU trending down. That was a huge move on AN. However I am very near a sell on EA. R61 approaches.

Post Script
Don't forget the Trade Deal.

Alright Closing EN! ADR close by, Crushed it tho. Still in DD in AN but positive swap. Licking my chops on EA short but haven't pulled the trigger yet. have short orders at R78 on UC.

Short EA

Adding more EA short if R100 is breached. Wishing I'd held EN for the day. I assumed it would flounder in range before it retraced.........Anything can happen!

Crazy.......Risk Off Coming. Global Slowdown....DOOOMED!

Wellllll yeah, I'm in DD on EA. and Kiwi shorts.........Crushing CAD shorts tho!

This is key Question.

in my opinion it is unsolvable problem for many: reason in my opinion: fear of loss combined with inability to admit mistake.

I have never had a problem in my life admitting mistake, to a fault, I find a way sometimes to make others mistakes my shortcoming for not helping them the way I could....fear of loss tho, that may be why I close too early sometimes......sure. Thanks for your opinion.

Soon.......Very Soon it may be time to buy back some of that CAD. Like in 49 mins.

I felt confident about the top on this one but price action is saying different. It almost feels like low liquidity Holiday trading already. After Kiwi last week and CAD today. When I get flat I think I will be done for the year.

This is a daily showing long term resistance.

No I appreciate the post. Thought provoking, I was applying it to my process, trying it on and seeing if it fit. No need to delete. Thank you for sharing

Man, I am having a tough week. I am pretty much at break even so far, which hasn't happened in months. EC faked me out for a loss but I recouped and caught some of the spike down. Wish I was neutral. I'd just stop trading for now, not a fan of current conditions.