New Project
Read post #16
This is the new layout I'll be using:
Here is the spreadsheet I'm going to use that I downloaded from another forum:
Only the Mediocre are Always at their Best
- #4
- Jun 20, 2022 3:39pm Jun 20, 2022 3:39pm
- | Joined Mar 2022 | Status: Discipline & Consistency | 59 Posts
This is the first trade of the week:
It was a small loss - I trailed my SL two bars back and it got hit.
I will keep funding my account every time I lose a trade until I finish the first set of the spreadsheet so we can keep making progress.
It was a small loss - I trailed my SL two bars back and it got hit.
I will keep funding my account every time I lose a trade until I finish the first set of the spreadsheet so we can keep making progress.
Only the Mediocre are Always at their Best
- #6
- Edited Jun 23, 2022 12:40am Jun 22, 2022 3:06am | Edited Jun 23, 2022 12:40am
- | Joined Mar 2022 | Status: Discipline & Consistency | 59 Posts
SL two bars back got hit but managed to get some profit:
I entered this trade on the H4 because the Daily RSI was above 50.
I entered this trade on the H4 because the Daily RSI was above 50.
Only the Mediocre are Always at their Best
- #9
- Edited 12:55am Jun 30, 2022 12:28am | Edited 12:55am
- | Joined Mar 2022 | Status: Discipline & Consistency | 59 Posts
After some more small losses (like the one shown below for example) I finally made some progress.
Here are my winners:
I entered the AUDCAD trade based on the daily chart but then I decided to exit based on the H4.
Similar thing with the EURUSD trade but this time I entered based on the H4 and exited when H1 gave me and exit signal.
This trade was closed by a mistake while I was trying to move my stop.
Here are my winners:
I entered the AUDCAD trade based on the daily chart but then I decided to exit based on the H4.
Similar thing with the EURUSD trade but this time I entered based on the H4 and exited when H1 gave me and exit signal.
This trade was closed by a mistake while I was trying to move my stop.
Only the Mediocre are Always at their Best
- #12
- Jul 10, 2022 7:02am Jul 10, 2022 7:02am
- | Joined Mar 2022 | Status: Discipline & Consistency | 59 Posts
Also this would have been an awesome trade if I didn't get out... but we must trade what we see, so I got out to preserve my capital and not have a huge loss in case I was wrong.
Only the Mediocre are Always at their Best
- #13
- Jul 20, 2022 8:17am Jul 20, 2022 8:17am
- | Joined Mar 2022 | Status: Discipline & Consistency | 59 Posts
I stopped moving my stop back every 2 bars on the 4-hour and instead will keep it at the high or low of the last daily bar.
Here it is another successful trade:
Here it is another successful trade:
Only the Mediocre are Always at their Best
- #17
- Edited Sep 6, 2022 9:51am Sep 5, 2022 10:22am | Edited Sep 6, 2022 9:51am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
For the past 3 months I managed to make a lot of progress using RH methods while trading Forex Pairs but when I arrived from my holiday I kept having this thought that I should stop this project not because the method doesn't work but because I wanted my stock account to have most of my trading funds. The reason for that is that I find stocks much easier to trade. I'm going to update the first page and continue the project with RH methods but now trading stocks using TC2000 for chart & layouts and Interactive Brokers to place my trades. *I will...
Here's the indicator (in the lower window) that I was telling you about.
Always a Student, Never a Master - Emulate What Works
- #18
- Sep 6, 2022 12:36pm Sep 6, 2022 12:36pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
Always a Student, Never a Master - Emulate What Works
