My trading journey

going to square all positions soon... before london open

squared @ 2274 (6:00)

sel 2325 x 1 (4:35) = 51
sel 2345 x 3 (4:55) = 213

sel 2320 x 3 (5:35) = 138
sel 2285 x 3 (5:55) = 33


total pips = 435 pips

will deploy scout after london open...

checked 15 min window... about to reverse??? will see in ten minutes

http://i475.photobucket.com/albums/r...dancer_079.gif

scout short @ 2284 x1 (6:43)

close @ 2298 (7:50) it's not happening... better exit now.

-14 pips

i'll call it a day.

my insight, it could be a retracement but also possible reversal... have to wait for us open for clearer signal direction.

squared all position a@ 2332 (6:53)

bot 2274 x 1 = 58
bot 2260 x 1 = 72
bot 2292 x 3 = 120
bot 2312 x 3 = 60

total pips = 310 pips

i have difficulty updating my journal when i'm actively trading just like right now, when the market is really good... i am also trading gbp/chf and i'm hitting big time having said this, i might be posting my trade footprints not that frequent anymore... i want to focus more i know i have the edge

and to those guys who pm me, i will reply your messages as soon as i can, but don't get upset if it will take ages

but now... i'm waiting for my second round with EU while i'm going to square my positions at gbp/chf pair (585pips).

Happy trading all and be good and be safe.

regards to all.
dongsky

p.s. i will still be here monitoring but won't be this active no more, peace!

i'm still looking for long entry, but i will wait for a small retracement before entering... and it's gonna happen very soon, i just need to be sharp to notice and be quick to react.

darn!!! it runs without me onboard.

gbp retails sales/mm is 0.6% ... that is why

I did a quick trade today, friday and i did okay

after seeing a hammer (or pin bar) at 4:50 i can feel that a change of wind was coming... which i did after few candles, closed my positions and change.

round one:

s x 2400 x 1 = 20
s x 2405 x 1 = 25
s x 2392 x 3 = 36

round two:

b x 2382 x 1 = 20
b x 2392 x 3 = 30

total pips = 131 pips

happy trading all...

be good and be safe.

I have been re-reading my journal and noticed a lot of bad things happening on me. My ego and arrogance started to surface and it really worries me because if i will not do anything about it, i know it's just matter of time that the market will slap me big time and i believe enough for me to get knocked out.

I am still a novice in this business and trading plan is very crucial for me to survive for years. After i learned how to dance naked and on the way to recovery, i made a plan, a trading plan that i must stick to my MO, MM and have the right mindset. Sadly, i already forget all about this "sigh"

I know i need to be nimble and not to be rigid, but i realized that i was already embracing rigidity... i was falling for predictions (again - by using my crystal ball), trading more than 2 pairs, making bias before dancing using daily TF, never applies damage control because of HOPE. I know rigidity will clouds my mind very soon, or maybe already happened.

FOCUS! FOCUS! FOCUS! BEFORE THE MARKET WILL SHOW ME HER WRATH AGAIN!!!!

* Correct Mindset
* Know my risk/ tolerance
* MO & MM
* Find the trend (romancing 3 kingdoms) not crystal balling
* Always go with trend - never counter trending
* Not all the time tradeable
* PATIENCE & DESCIPLINE
* Never forget rule # 1 - capital preservation!!!!
* When in bear mode never think of a bull, in any form of questions
* When In battlestation i will never leave my armies un-attended
* never send a scout or infantry with no sufficient ammo...
* Rescue will be my last recourse - when applicable and "stomachable"
* Not all situations is rescueable.
* when correct i must add position - a comfortable position
* Position SIZING!
* Re read AOW again and again and again and again

I know i need to start somewhere, and now.

I will start to be hybernating again, and i now prove to myself that making a journal of a live trading is but a difficult task to do... i myself was distructed and blinded with so many things... i lost focus.

I am happy of what i am now and trading wise, i still need to study and work hard on it - i mean with my trading plan.

I will be postion my battle footprints from time to time and i will still be monitoring my journal but i cannot post here while i'm in trade... like last 2 days ago where the market was very volatile and trending - i had several mis-timed entry, un-neccessary rescues (too early) and missed few opportunities (entries).

well...

edit: another thing i noticed recently, with not much focus, i wasn't going with the flow, but instead i was predicting patterns, another sign of my rigidity... and i was squaring position because of ... again predicting of markets direction, not much with the pulse feeling anymore. Peace!


PULSE FEEL THE MARKET! PULSE FEEL THE MARKET! PULSE FEEL THE MARKET!

Great Journal, keep it up!

Don´t be so hard to yourself, see it positively: you are able to see your mistakes and change what you have been doing wrong that´s an ability that few have mastered. Just take it easy and do what you feel comfortable with; nimble, rigid.... there are times for all..

Don´t give up. You will Succeed.

Good Luck.

Red.

Rgs,
baifu

stomachable ---- sounds like a rough translation from a Tagalog word i know, heheh

Great job, Sirhttp://cdn.forexfactory.com/images/s...m/thumbsup.gif

hahahah bisaya kamo!

thanks!