Weekly Summary 08 Feb to 12 week
Entering the week, I have observed previously that the market when going up from a Low tends not to retrace much but continue. Second day, I was a bit greedy and wanted to squeeze few extra pips and ended up not being part of the move. I learned that being greedy during entry can also cost you pips. You miss the trade and you can come back next day. But in scenarios like this when there is an opportunity I have to be careful of not finetuning too much and miss the bigger picture.
I observed in myself that I didn't become agitated, worried or disappointed when I missed those trades. I was able to keep calm until the market gave me an opportunity.
Total pips:17 Pips
Next Week: The market closed below the pivot on Friday, It turned to a down move and then again back to UP move to close the week. Now the Market is below the MA and Pivot. I will see how does the market open tomorrow and take actions based on that.
Entering the week, I have observed previously that the market when going up from a Low tends not to retrace much but continue. Second day, I was a bit greedy and wanted to squeeze few extra pips and ended up not being part of the move. I learned that being greedy during entry can also cost you pips. You miss the trade and you can come back next day. But in scenarios like this when there is an opportunity I have to be careful of not finetuning too much and miss the bigger picture.
I observed in myself that I didn't become agitated, worried or disappointed when I missed those trades. I was able to keep calm until the market gave me an opportunity.
Total pips:17 Pips
Next Week: The market closed below the pivot on Friday, It turned to a down move and then again back to UP move to close the week. Now the Market is below the MA and Pivot. I will see how does the market open tomorrow and take actions based on that.