Alifari's Trading Journal

Learn from historical charts to see price reactions, after a while you will see these obvious levels staring at you.

Now do the same, draw your levels on live charts, place an alert and let the price come to you. Be prepared where your entry, stop loss and take profit would be, once price approaches your level of interest. Execute your trade management and let the market do the due diligence.

Useful info

1) Technical analysis forecasting is the process of seeing such patterns before they develop (or as close as possible to their inception / emerging), and is the result of learning behaviors as quickly as possible, after they occur.

2) Many price patterns begin the same, but end differently. Knowing how they begin will allow you to capitalize on the inevitable outcome, regardless of what it ultimately looks like.

Useful Tip

In order to avoid stress while trading, listen to your favorite music and mind relaxing, motivational music while analyzing a trade and mainly when trade is in process. It relaxes your mind and diverts your concentration from the hustle and bustle of price movement.

Another way is place your trade with desired stop loss, take profit. Put alert on phone once either one is hit. Do something else because no matter how hard you stare at charts and want price to move in your direction you cannot influence it, so why waste your energy for thing that is not in your control. You have done your best of what you are capable of by placing a trade according to your analysis, now let the market do it's part.

You wouldn't plant a seed and dig it up every few minutes to see if it has grown. Have patience and keep watering your seeds.

So there is no point in checking your trades tick by tick, minute by minute. Let the trade unfold and enjoy the process.

Just focusing on one trade at a time and not worrying about Daily, Weekly, Monthly and Yearly targets will give you better results.

Thank you so much for all this.
Parvez Issa

I'm from China. Thank you very much!!

PAIR__ TF TYPE ENTRY1 STOP L TAKE P R/R
USDJPY H1 SELL 145.57 146.07 144.00 3.14

TRADE TRIGGERED

EURUSD Trade closed for +1.07R due to NFP

Bitcoin trade closed for -0.41R

Trading Journal Format in Excel to backtest or maintain your daily lives trades.