WhiteForex price action journal

080507 Wednesday
daily result: -1.03%
total result: +0.26%
it was nice trending day. System however gave me just one clear signal and I was stopped. Everything was correct.

080513 Tuesday
daily result +1.26%
total result +2.28%
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080514 Wednesday
daily result -3.21%
total result -1.00%

Yesterday I made three transactions. First two were losers and the last one covered the loss
Today I also made just three transactions and three of them were losers. No more trading for today.

080515 Thursday
yesterday's series of loosing transactions caused that I lost some confidence and I became overwhelmed by fear.
Today I entered correctly, but I moved SL to early to BE and I was stopped.
Las days I did some serious research on SL level and it is proven that the best results appear when I do not touch my initial SL (-30) unless price reaches +30 pips.
I would not like to break this rule anymore.
Yesterday I lost 3 times -30 pips (-90pips) but today because of breaking the SL rule I lost opportunity to collect some pips.

080528 Wednesday
daily result 1.41%
total result 0.40%

080529 Thursday
daily result 4.06%
total result 4.470%

In May I was trading just 8 days risking no more than 1.5% on a single transaction
my total result at the end of April was -5.79% and now it is +4.47%
that means I collected in May 10.27%
this is actually first real profitable month in my short trading life.

080605 Thursday
daily result 1.65%
total result 6.11%

I did not plan to trade today because of peaceful market behavior but seeing sudden rally caused by economical events I decided to jump in. It was quick scalp +30 pips
Since my total result is over 5% now I am able to increase my risk up to 3% on a single transaction. If I loss those 5% then my risk will be again 1.5%

After 3 years brake I am back to trading. There are 4 weeks in front of me to trade and adjust myself to the market conditions. I will post and maybe also describe my transactions here. Almost nothing happened to my approach. Just clear price action as it is described in post no 1.

So... How's it going with the PA? Is that your primary trigger?

I'll be keeping an eye on ya.