mphpopular supernova manual journal

Trade38 Trade39

Trade38 is based on a scalper basis
Trade39 is based on supernova

Hallo MPH!

38&39 look really good! This time the EURJPY would have been the road to heaven, but we could not know that in advance! I had some longs from 104.75 up to 105.50 ... all gone with nice profit at 106.40 - that was my long term target, reached really short term!

I will look at your other later trades a bit!!

See ya soon!
Ciao!
Matt

@gnat, member and guest
As you can see, I have change the trading methodology back to most traditional way, using back the QQEA slow with setting DARF 3.5...
I found out that QQEA 3.5 more suitable for me personally. More suitable for my profiles. Bcoz, when i using QQEA faz and slow together in a trade. Most of the time, i will be over confident when i saw two signal comes out together which lead me to ignorize of all other indicators and also trendline.
So, i decided to stick back to traditional one. See whether the things will did better? We shall put this on the test.

Happy pip-ing for everyone, since the price movement for this week is very interesting. Unlucky i'm too busy to chase all the movement.

Trade40

Trade41
Learn to play hedging after read from books. Seem like does not working. But finaly hurt own self. So sad

Hallo MPH!

What did you try to do there? Straddle the pair for the NFP move? This time the data was pretty diffuse, as the unemployment rate went up, while the outcome of the actual NFP was slightly better than expected - but then the revision of last months figures made it all falt even again!

What we then normally see on the market is a whipsaw action - exactly was caused your longs and shorts not to work out here, I guess. I was and partially still am trading new every now and then and actually made some nice bucks on the Canadian Unemployment figures a few hours ago, but I am keeping myself out of NFP completely, apart from some long term EA tests.

This report is all about tainted lies and politically falsified figures and it only shows that there is no-one in the USA, who can draw up a clean statistic. So waht we see there again and again is this mega-hype and a lot of "movement", but seldomly a clear direction. Maybe a few of the "after the news" strategies still work, but then it is so much easoer to not trade the NFP at all!

I hope you will have a fine weekend and see you around next week then!!
Ciao!
Matt

Ya, i'm confusing as well. What am i doing. But this trade does screw up all my pips gain this week. Trying to analysis back what i doing.

But what make me relieve is. My 4 setting for EA is earning. Earning every week. Seems like they out performed me. Haha. But still let them for demo for longer period so that they can experienced more market movement.

Weekly analysis on GJ and EJ

Hi MPH!

On the last chart you can see that M-formation like a bullish bat. That would call for a bullish reaction to at least a 50% retracement. I will try to find something on the charts to show you!
Now it is time to go to bed here! I like your way of analysing the week and making an outlook into the new one!

Keep it up!
Ciao!
Matt

Trade42

Right MPH!

Nothing to regret. And if you felt like getting out, better do it. Still the setup would have been good for 20+ pips normally, but you still did the right thing. But do not let that "uneasy" feeling get a hold of you every time. Trading should be rather nice and cool in the end!

You are on the way to achieve a lot here!
See ya!
Matt

Thanks Gnat. I'm glad to know you. I really appreciate our relationship over here. Thanks for guiding me until here. Ya, i saw that supernova is doing great for aiming 20 to 30 pips based on different TF. But currently i combining supernova and PSAR (get this idea from trendchaser EA). Juz doing quite well currently.

For EA part, it makes a good job in enter a trade, better than me, always get a better price quote. But still not working good on exit. I trying to manage the exit myself. Although i some time make the EA cannot gain the maximum profit. But i was satisfy with that.

I agree with you that, trading should be nice and cool. We should enjoy trading life.

Trade43

would you please give us the total numbers of your loses and wins...

This is until 31May

Edit: Obviously, until today, still in losing. Haha. I shall work harder. I feel glad that i still be here with my account still running. Slowly i shall gain my experience.

Trade44

Trade45

Hallo MPH!

Things like in 44 can happen, but make it a habit to be oriented about major news events on a daily basis. That will help against surprises - otherwise the trade was good and would then later on lead to profit!

On 45 the whole setup screemed to get in for a few bars, but you entered still on time and I guess you made some profit there! Nice!!

Hope that we will see some breakout on the yen-pairs in a short while ... on the longer TFs the week is pretty boring until now!

Ciao!
Matt

Does this mean, make sure i check the news everyday, note it down. N trade carefully around that time? So that i wont get suprised for the news.

Hi MPH!

Right! Just keep an eye on the red reports from the calendar here on FF. Some of the amber reports can also move the market a bit, but the red ones are normally the ones that make you hit your SL!

Have a good one!
Ciao!
Matt