i have been busy like hell that past few days - and today i was thinking - why don't i post actualy? cause i lost few trades? shame on me - i should post !!
so i will post each trade i took and explain shortly - no pics, just explaining, K?
well:
GBPUSD - buy at 2.0205 - i thought it broke through that level - clearly it didnt, i guess i should wait for a longer break through a S/R level before i go in a trade lost 0.5% which i risked cause i wasnt too sure about that - was trying out since i never play a break, until recently..
next one is:
AUDCAD - was trying also to get a break of that few days that broke just yesterday BUY @ 0.8689, lost 1% - didnt work out well, was to early.
CHFJPY - same as previous 2, waited for a break, didnt come only to other side... SELL @ 95.48 , stopped out @ 96.45 - lost 1% of account.
EURUSD - there was a bunch of 4h waiting to go short - there was also a TBL waiting - it broke well, about 30 ips if i remember right, but then came the news - i wasnt aware of that - why? i didnt have time to watch the trade, was in china cause of the job i was used to do until last week, learned from it too...lost 1% of my account - YES, LOTS OF THEM!!!
next - EURCAD - 4h pb on the bottom, didnt wait too much for it to break, lost it all without a chance to BE, lost 1%
NZDUSD - 4h PB on a resisntance level with confluence - didnt workout..
what can you do about that????
well i came all the way down to about 2970$ in my account - lots of losses..i know...
i was thinking - did i take the best trades i could? NO! - would i take them again - YES!
so what was wrong??? i didnt have the time to manage them...
they were cool, even good - not talking about those that went against me from 1st second...
next time i have too monitor my trades - lesson learned, you will see later in this post.
well - nnew week arrived, and i have never played those gaps - didnt know how...i said why not-lets give it a shot - i simply enterd 1 mini-lot on each gap i saw that could provide about 20-30 pips for closing the gap, few went against in the begining but all finished profitable - 2 with 2$ each - nothing, i know..one with 28$ which is about 1% and one with 16$ - that brougth me up a bit..up to 3029$..which is still far far behind my months target but hey - that why there are demo trading platforms.. now i am in 4 more trades, the 1st is the AUDCAD long that broke yesterday,
i took it like this:
BUY @ 0.8760
SL @ 0.8689 - just below the very 4h bar that broke upwords..trasiling stop by 4h chart.
took 2% risk on this one, currently up with 50+ pips, waiting for something serious to happen in the upward direction - hoping..it stalls pretty much on the 365 ema on the 4h...interesting.....
later on i tried something i have never tried.. the base - oooo...spookyy..at least for me...i never was sure of these kinda setups - so i took only 0.16% risk.. - i know...
BUY @ 0.8765
SL @ 0.8730
currently at 45+ pips.
GBPJPY - why dont they call this was the looney..???
went for the 1h base after break of 150 and 365, along with the rising of the EURJPY and its correlation i thought i would give it a shot -
took 1% on that one
BUY @ 232.75
SL @ 232.11
currently - 160+ pips...
and another one based on the 4h TBH that formed and broke out - not quite but we are still negotiating...
BUY @ 234.19
SL @ 233.30 - below the 4h bar..
took that one with 0.5% since i am in with too much risk for this week..
i kinda locked in some profits but it can change - so will update
WOW THAT WAS LONG!!!!!!!!!!!
so i will post each trade i took and explain shortly - no pics, just explaining, K?
well:
GBPUSD - buy at 2.0205 - i thought it broke through that level - clearly it didnt, i guess i should wait for a longer break through a S/R level before i go in a trade lost 0.5% which i risked cause i wasnt too sure about that - was trying out since i never play a break, until recently..
next one is:
AUDCAD - was trying also to get a break of that few days that broke just yesterday BUY @ 0.8689, lost 1% - didnt work out well, was to early.
CHFJPY - same as previous 2, waited for a break, didnt come only to other side... SELL @ 95.48 , stopped out @ 96.45 - lost 1% of account.
EURUSD - there was a bunch of 4h waiting to go short - there was also a TBL waiting - it broke well, about 30 ips if i remember right, but then came the news - i wasnt aware of that - why? i didnt have time to watch the trade, was in china cause of the job i was used to do until last week, learned from it too...lost 1% of my account - YES, LOTS OF THEM!!!
next - EURCAD - 4h pb on the bottom, didnt wait too much for it to break, lost it all without a chance to BE, lost 1%
NZDUSD - 4h PB on a resisntance level with confluence - didnt workout..
what can you do about that????
well i came all the way down to about 2970$ in my account - lots of losses..i know...
i was thinking - did i take the best trades i could? NO! - would i take them again - YES!
so what was wrong??? i didnt have the time to manage them...
they were cool, even good - not talking about those that went against me from 1st second...
next time i have too monitor my trades - lesson learned, you will see later in this post.
well - nnew week arrived, and i have never played those gaps - didnt know how...i said why not-lets give it a shot - i simply enterd 1 mini-lot on each gap i saw that could provide about 20-30 pips for closing the gap, few went against in the begining but all finished profitable - 2 with 2$ each - nothing, i know..one with 28$ which is about 1% and one with 16$ - that brougth me up a bit..up to 3029$..which is still far far behind my months target but hey - that why there are demo trading platforms.. now i am in 4 more trades, the 1st is the AUDCAD long that broke yesterday,
i took it like this:
BUY @ 0.8760
SL @ 0.8689 - just below the very 4h bar that broke upwords..trasiling stop by 4h chart.
took 2% risk on this one, currently up with 50+ pips, waiting for something serious to happen in the upward direction - hoping..it stalls pretty much on the 365 ema on the 4h...interesting.....
later on i tried something i have never tried.. the base - oooo...spookyy..at least for me...i never was sure of these kinda setups - so i took only 0.16% risk.. - i know...
BUY @ 0.8765
SL @ 0.8730
currently at 45+ pips.
GBPJPY - why dont they call this was the looney..???
went for the 1h base after break of 150 and 365, along with the rising of the EURJPY and its correlation i thought i would give it a shot -
took 1% on that one
BUY @ 232.75
SL @ 232.11
currently - 160+ pips...
and another one based on the 4h TBH that formed and broke out - not quite but we are still negotiating...
BUY @ 234.19
SL @ 233.30 - below the 4h bar..
took that one with 0.5% since i am in with too much risk for this week..
i kinda locked in some profits but it can change - so will update
WOW THAT WAS LONG!!!!!!!!!!!