looks like crush to me:{image}
Stay green!!!
- #383
- Jun 17, 2020 12:34am Jun 17, 2020 12:34am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
{quote} you are showing on HTF that real crush is coming....I read somewhere that Australia finally admitted that attempt to seat with one ass on two chairs ( USA and China) failed.
Stay green!!!
- #385
- Jun 17, 2020 2:34am Jun 17, 2020 2:34am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
looks like crush to me:
Stay green!!!
- #386
- Jun 17, 2020 12:52pm Jun 17, 2020 12:52pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
Two terrible trades today ... But we'll start with the better ones. I opened number 1 before an important economic news with a very tight SL and the price moved quickly in the direction I assumed, I moved SL to BE + 1. The price quickly fell to the zone where I should take profits but my ego and excessive self-confidence prompted me that the price would fall much lower and I should hold it longer... yea sure
(stupid brain!). Price made a significant "correction" and after that I moved SL to its high. The price went even higher and SL closed the position at around +10 pips (I could take 30 if I followed the rules and took a profit in my designated zone). I took the number 2 after the price went down the trend line and this time I closed correctly in my designated zone and took about 10 pips of profit. Do you think I have already learned from my mistakes that day? Well .... Now we get to the two terrible trades I mentioned at the beginning. Number 3 was definitely the worst ... I opened the position when the price allegedly "break" the level from which it previously "bounced" hoping for further down move. Of course, the price almost immediately rebounded from this zone and I closed the position with a loss of about 10 pips. Classic fake breakout and I acted like a complete noob ... Number 4 was the last position of the day, I took position on buy hoping to continue the "rebound" from the zone and the assumption was correct but I lacked confidence with this trade and closed at about 4 pip loss. Overall 4 pips in profit that day but of course I'm not happy with my performance today.
My lessons for today- Do not catch the train when it have already left!!! and take profits in the designated areas. Waiting "because maybe the price will move further in my direction" is stupid! Watch out for fake breakouts. Don't be noob!
(stupid brain!). Price made a significant "correction" and after that I moved SL to its high. The price went even higher and SL closed the position at around +10 pips (I could take 30 if I followed the rules and took a profit in my designated zone). I took the number 2 after the price went down the trend line and this time I closed correctly in my designated zone and took about 10 pips of profit. Do you think I have already learned from my mistakes that day? Well .... Now we get to the two terrible trades I mentioned at the beginning. Number 3 was definitely the worst ... I opened the position when the price allegedly "break" the level from which it previously "bounced" hoping for further down move. Of course, the price almost immediately rebounded from this zone and I closed the position with a loss of about 10 pips. Classic fake breakout and I acted like a complete noob ... Number 4 was the last position of the day, I took position on buy hoping to continue the "rebound" from the zone and the assumption was correct but I lacked confidence with this trade and closed at about 4 pip loss. Overall 4 pips in profit that day but of course I'm not happy with my performance today.My lessons for today- Do not catch the train when it have already left!!! and take profits in the designated areas. Waiting "because maybe the price will move further in my direction" is stupid! Watch out for fake breakouts. Don't be noob!
Fear is the mind-killer.
- #387
- Jun 18, 2020 2:45am Jun 18, 2020 2:45am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
Stay green!!!
- #388
- Jun 18, 2020 2:46am Jun 18, 2020 2:46am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
Stay green!!!
- #390
- Jun 18, 2020 1:41pm Jun 18, 2020 1:41pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
Today I was a bit busy and the market did not move as I would like ... So today only a small scalping. Number 1 was a counter-trend trade with a very small SL, however, due to the trend line, keeping position longer was very dangerous so I closed quickly on BE + 1. Number 2 was a little better, trade after correction with a small SL which finally gave about 7 pips of profit. Number 3 was on a similar principle as 2, but this time price did not move in my direction and the position was closed at -2 SL pips. Overall, 5 pips of profit today and about 58 for this week on EUUSD(I probably won't trade on Friday) ... PS: scalping is not for me ... 
Fear is the mind-killer.
- #391
- Jun 19, 2020 7:57am Jun 19, 2020 7:57am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
Stay green!!!
- #393
- Jun 19, 2020 8:43am Jun 19, 2020 8:43am
- Joined Aug 2017 | Status: Trader | 5,229 Posts
I was going to not trade today... but I could not resist swimming with market makers 
A very strong impulse up to take stop losses of people who were short. The price began to lose momentum so I took a position on sell with a very small SL and quite quickly the price went towards my direction and I moved SL to BE + 1 (Yes, I like trade with from BE ). Due to the fact that it is Friday and I shouldn't trade today, I closed position quite quickly with about 10 pips of profit. It was the end of the hour and I knew that there could be a slight correction so I decided to close. As you can see the price keeps falling down and and probably it will drop to 1.2 but this time I have no problem with that. I took profit and I'm happy.
About lessons for today I could only say that I need trust myself more and hold positions longer if they have potential (especially when I already have BE + 1) but as I said I am not angry at this trade.
A very strong impulse up to take stop losses of people who were short. The price began to lose momentum so I took a position on sell with a very small SL and quite quickly the price went towards my direction and I moved SL to BE + 1 (Yes, I like trade with from BE ). Due to the fact that it is Friday and I shouldn't trade today, I closed position quite quickly with about 10 pips of profit. It was the end of the hour and I knew that there could be a slight correction so I decided to close. As you can see the price keeps falling down and and probably it will drop to 1.2 but this time I have no problem with that. I took profit and I'm happy.About lessons for today I could only say that I need trust myself more and hold positions longer if they have potential (especially when I already have BE + 1) but as I said I am not angry at this trade.
Fear is the mind-killer.
- #396
- Edited 3:03pm Jun 20, 2020 2:53pm | Edited 3:03pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
I was a bit bored and saw a good opportunity on V75 so I took short positions with small SL. Price quickly went in the direction I assumed, I moved SL to BE + 1 and waited until it came to the zone where I would take profits. I closed position on 270 pips of profit (yes, on this strange index the numbers are very large). Once again, I take profits a bit too early but it was already very close to my zone and I noticed a small price reaction to it. Have a great weekend everyone!
EDIT: Some of my logic behind this trade- Price, as you can see, has been in a downward move for a long time. I was waiting for a larger correction with a strong impulse (the previous ones were too small) and when I noticed that the price was starting to "slow down" I took the position... Or I could just be lucky
). Once again, I take profits a bit too early but it was already very close to my zone and I noticed a small price reaction to it. Have a great weekend everyone!EDIT: Some of my logic behind this trade- Price, as you can see, has been in a downward move for a long time. I was waiting for a larger correction with a strong impulse (the previous ones were too small) and when I noticed that the price was starting to "slow down" I took the position... Or I could just be lucky
Fear is the mind-killer.
- #397
- Jun 20, 2020 6:37pm Jun 20, 2020 6:37pm
- Joined May 2018 | Status: Tadpole | 2,719 Posts
I was a bit bored and saw a good opportunity on V75 so I took short positions with small SL. Price quickly went in the direction I assumed, I moved SL to BE + 1 and waited until it came to the zone where I would take profits. I closed position on 270 pips of profit (yes, on this strange index the numbers are very large
Stay green!!!
- #398
- Edited 2:14pm Jun 22, 2020 12:14pm | Edited 2:14pm
- Joined Aug 2017 | Status: Trader | 5,229 Posts
This week I will focus on EURUSD and GBPUSD. Slow Monday ... I woke up, looked at the economic calendar and took two position, on EURUSD and GBPUSD and went shopping. As always, small SL and when I came back from shopping I moved SL to BE + 1 in both positions. GBPUSD was already in good profit, EURUSD little less.
We will start with GBPUSD and trade number 1- The price approached my TP zone quite quickly and I noticed the reaction of the price and closed the position. I could hold it a little longer (as always) and close it a little lower, but I am not "angry" about this trade due to the fact that we have Monday and I managed to make about 30 pips from it. I opened and closed the number 2 after just a few seconds with a loss of 0.1 pips (I understood that this was not a good idea). Number 3 was in my opinion a "too obvious" trade and the upward movement was too strong, so I closed it at about minus 10 pips when I noticed that the price was not going in the direction I assumed. My bad GBPUSD for today +20 pips.
Now EURUSD- This is the position from the morning I mentioned, the price "had problems" to move into a bigger profit and was quite close to 1.12, so when I noticed the reaction (that is starting to move up) I closed the position with 10 pips of profit. After closing the previous position on GBPUSD I was thinking not to close it too early and I managed to close it at the right moment (or I was just lucky). Plus 30 pips for today.
Lessons for today - always wait for the candles to close and price action confirmed. Don't take "too obvious" trades!
We will start with GBPUSD and trade number 1- The price approached my TP zone quite quickly and I noticed the reaction of the price and closed the position. I could hold it a little longer (as always
) and close it a little lower, but I am not "angry" about this trade due to the fact that we have Monday and I managed to make about 30 pips from it. I opened and closed the number 2 after just a few seconds with a loss of 0.1 pips (I understood that this was not a good idea). Number 3 was in my opinion a "too obvious" trade and the upward movement was too strong, so I closed it at about minus 10 pips when I noticed that the price was not going in the direction I assumed. My bad GBPUSD for today +20 pips.Now EURUSD- This is the position from the morning I mentioned, the price "had problems" to move into a bigger profit and was quite close to 1.12, so when I noticed the reaction (that is starting to move up) I closed the position with 10 pips of profit. After closing the previous position on GBPUSD I was thinking not to close it too early and I managed to close it at the right moment (or I was just lucky
). Plus 30 pips for today.Lessons for today - always wait for the candles to close and price action confirmed. Don't take "too obvious" trades!
Fear is the mind-killer.
- #399
- Jun 22, 2020 7:07pm Jun 22, 2020 7:07pm
- Joined May 2018 | Status: Tadpole | 2,719 Posts
This week I will focus on EURUSD and GBPUSD. Slow Monday ... I woke up, looked at the economic calendar and took two position, on EURUSD and GBPUSD and went shopping. As always, small SL and when I came back from shopping I moved SL to BE + 1 in both positions. GBPUSD was already in good profit, EURUSD little less. We will start with GBPUSD and trade number 1- The price approached my TP zone quite quickly and I noticed the reaction of the price and closed the position. I could hold it a little longer (as always
Stay green!!!
