GBPUSD now. Just like yesterday, even in days with lots of high impact news where the market is in panic mode and lots of uncertainty about price direction, the Forex Master Pattern method still provides a reliable framework allowing you to make sense of the market, this is how solid it is:
A broader view on the 15min:
A broader view on the 15min:
Keep up the videos, I really like your self-criticism. Helps get in the right mindset.
Well brace yourself, then, because in the next video I have to report another massive screw up which, quite frankly, was worst than the last one (in video 2 I think). Worst because it was not even an operational mistake that led to irrational behavior, it was a completely inexplicable dumb behavior which I am still trying to figure out what was the catalyst that made throw 1 month of work down the drain, wasted in 1, 2 days.
I was really happy that in the next video I was gonna show how I had turned US$300 into 5K in one month (actually the floating profits went up to 10K, as you will see in the screenshot attached), but instead It is gonna be a video where I have to own up and expose my dumb mistakes, but hey, those are lessons too: of what NOT to do.
As I said in my videos, we are our worst enemies in trading.
And let me reiterate that what happened has absolutely nothing to do with the method, it was exclusively my fault for doing stupid stuff.
I am also making some changes in how I Am approaching this, from now on I am gonna focus only in the USD group, mainly EURUSD,GBPUSD,AUDUSD and NZUSD, I will take a look at the USDJPY,USDCAD and USDCHF, but frankly I don't like those pairs, the price actions most of the time is too erratic and too spiky, and they run away so fast, it is hard to trade them. Also gonna still look at Gold, Silver, Oil and Natural Gas as they are also against USD..
But I am not looking at all markets anymore, I underestimated how exhausting and draining it would be to keep track and try to trade all of them, it was getting too confusing and frustrating. My intention was to show how the method works in any market, I think that is evident by now.
