I tought i should start a new journal to go trew my trading day when i am done to analyze the trades i have done and to put some pressure on my self to take trades everyday.I started Monday with 200 dollars in my account and i must admit i had some luck aweraging in on bad trades and gotten away with it atleast on Thursday when i got over 30% drawdown at one point,but had support and it turned there as i had antisipated...My target is 5% a day,but last week i did 51% and that is over 10% a day...Now i have a clear strateigie to enter at pullback of second ore third Renkobox with the trend and after a closed renko in new direction and i will catch a move early more than 50% of the signals..I trade only EUR/NZD and GBP/JPY because they move more than majors also goes into looong trends and that is when i can make the big bucks jumping in on the pullbacks.... I also use some indicators for confirmation TMA,MACD Histogram for divergences and the arrows on that does not repaint and are strong,also currencie strenght and a coupple of slope indis and dynamic RSI....And my tradingpanel is the best ting ever to happen to me in trading.can put in TP and SL and close trades on different ways also lotsize is easy to change and its free....Also i use the PARADOX templates H1 and H2 and the H2 is the one that counts..I mostly use the Paradox for trading in range and not in trend to see where supp/ress are at..And so far it works...And there are some indis on there that together makes some levels of supp/ress together with the renkos does well so in total i have 6 charts up and that runs fine,not counting the two m1 i use to have renko M2...And next week i am going to use a pretty tight stoploss between 10-15 pips because i am to enter first a smalle trade at the open of second box and it can pullback up to 20 pips before closing against you and if close against you one box you close trade,but after opened first trade at open and it pulls back i open a second trade tree times the size of the first trade some 15-17 pips into the pullback,because more often than not the pullbacks of box do that and still goes in direction of the first box and when close of box then you have 15-17 pips on second trade and 10 pips on first opened and you have nice profit already and last week i closed as soon as in profit,but next week i am to catch some runners also and rob the bank...lol......Ok here are two screenshots showing how i trade and my rules for next week so i dont go into any drawdown...On the renko cart on 26.03.2020 from 15.00 GMT to U:S close same day and there where 4 signals and 3 of would be winners i am usually done before London close ,but i wanted to show you how easy it can be if displined....The second screenshot is from the Paradox H2 template and to be able to use this you need to read the first 25 pages on the Paradox tread under trading systems to get to know the indicators and how they work....I tried to learn and trade the Paradox,but to complicated for me this is much easier.....Also can download Indis and templates there...So now i have shown how i trade and going forward will be a trading journal with results and some of my trades shown....
Insanityoing same ting over expecting different results..Einstein