My Engulfing/Engulfing failure Entry Journal

---Day 13---

Attached Image (click to enlarge)

Update

---Day 14---
Lucky to get out with no drawdown
I thought i would be out of class before fomc and close position but I was late.
Thankfully no harm done

---Day 15---
Big loss

EU I wanted to swing buy also cut loss
Daily hadn't engulfed the high, so this was a very bad trade

---Day 1---
Big drawdown
Haven't closed position yet
I am gonna try to salvage this drawdown by adding position at next support

Update

---Day 2---

---Day 3---

---Day 4---
Idk what I am doing today. Will start fresh next week

--Day 5--
I had to salvage drawdown yesterday which only means not ready to trade bigger size.
support become resistance has confused me. i need to understand how to trade it.

--- Day 6---
Big loss
i am gonna use hard stop on each trade 10 pips away from one hourly/30 min engulf
In this way i have no choice but to accept loss. Can re-enter if hit stop but did not close below the low/high.
I am also not gonna trade the sr flip/engulf failure until i backtest more and get comfortable with it.

---Day 7---
price didnt come to where I wanted for short and i was too late for buy

---Day 8---
Closed because D1 has bearish engulf and I have to sleep now.

---Day 9---
Shorts didnt work.

UPdate

---Day 10---
Closed EU swing short for small gain.
GU daytrade buy closed good position due to lack of confidence.
Late GU buy was a success

---Day 11---

---Day 12---
Loss day
I took many bad entries at bad location
Trying to predict the market caused these losses.
very bad discipline


Update

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---Day 1---

Pictures 04102025
1) Countertrend GU sell

2)EU sell

Woke up with drawdown. will try to salvage this.