MY Journal-phil13

ahhh... back to my big screens , much better than a laptop i find, though you can hook up a laptop to a big screen.

an overnight trade......


forgot to draw in my exit on last screenshot, it was just after the pin on 4th wave/leg.

remember our friend FTI said about reading the charts, something like... it is about how it touches a new level and how fast it reacts to it.....

news trades i have just finished and i am done for the day.....








over the coming weeks i will start post live clues and doing some more videos of my live trading.

off to a quick start..

stopped out at B/E while writing this chart out....

let us see how this develops??..

the above trade i posted came off so i am out now and done for the days as i am going out in a while, long weekend..

how the week ended and where i see the clues that may help for this coming weeks action....

let us see what happens here with the scout?, i will mark up the the chart in a while...

here is the chart marked up as to why i scouted out this trade this, when the trade is over i will post the results...

update on trade above....

above trade stopped out at B/E, looked like it was going much higher, but it did not, so looking for another entry now.

scouting out a possible trade again....

stopped out again but with a loss this time on above trade, i am getting the message that it is not a day for me to trade i guess, all part of trading so calling it a day....

let us see what happens with this, sorry charts need update but i was being lazy......

update... see where this is in the morning and if my read is correct????.........

news took me out of the trade above with a loss, i still believe this at/near the bottom, the figures for CPI were bad/worse than expected but that is what the uk and the rest of world is try to achieve.. lowering/controlling inflation... bad is not always the same in FX, it is often used for the pro's and MM's purposes.

having another go now........

update......

i am out now, not liking M5 P/A atm, need to gain so lost ground back, not been a great weak so far but crap happens in trading sometimes, it is what we do..



ADDED/EDIT..... just for reference please remember...

the activity a pullback is only represented by BC. However, for the sake of completeness, a pullback (BC) must remain between A and B and it must include CD where D moves beyond B. If not, that would be considered a failed pullback

another go at it...........