DislikedThe chart tells the story. Three short trades, first one breakeven, though it could have been a maximum of 7 pips, second one for 8 pips, and third one for 5 pips. The last trade was more with the support of the zero break forming on the 4 hour chart and the proven resistance at the 1.5460 level from two close together price lines as well as the S 1.5 level. My plan was to hold out for the ZB signal if price stayed under the small trend line, but the pressure building over time, and the fact that price kept staying above the price line at 1.5439, was too much for me, and I found that I wanted to take a small profit, that I couldn't stand to lose even a small amount today, though I'd let myself lose a larger amount yesterday and last week. That's what bad trading does to me, and it's a harder battle than it would seem it should be. I simply have to keep coming back to the goal of following rules and of self-discipline. If I keep doing that, maybe, I'll succeed eventually. It's terribly humiliating. The best to all. --TonyIgnored
I follow the same chart after that massive move but THAT move was just too much for me. I decide to stay aside - I was too afraid for a market turn around after such a move. I'll wait for the next move.
The EY was a better chart - however it was also not that easy.
I had 4 trades today, all 4 positive for 24pips profit. Unfortunately I didn't have time to follow the markets and trade those nice moves. Great for those caugth some of the pips.
Just to show you what can be done with patience and discipline - even it one gets frustrated by not catching the big moves. Don't just jump in. Wait for next time/move - there will be many more to come.
I know you can make it with this system - you know the basics and have rules (and the discpline to keep with it).
Willem
Forex recipe for success = Patience, discipline & hard work.
