Sam's Trading

AU Short stopped out.

Long USD/CAD 1.0510

Daily S&R, Uptrend poised for breakout.

It's weeks like this where my low .5% account risk per trade really kicks in and makes the losses far easier. More so, when sticking with proper R:R (1 to 2), it will only take a couple of trades to throw me back into break even and/or profit for the week.

Cheers

UCAD closed early for +20 as we failed to make higher highs pre-London. This was the correct move as the subsequent spike would have tagged my stop (to the pip).

GBP/USD short taken yesterday afternoon @ 1.545, closed a few points shy of TP just before GBP/USD news pre-London.

Scratched my way back to breakeven once again. News has taken it's toll on my trading this week and while I'll keep an eye out for setups tonight/tomorrow, it very well looks like I may be done until Sunday.

*No further trades last week, ended at break even*

First trade of this week...

USD/CAD short 1.0475 playing trend, S&R + Fibs

Stops are 25 points out. I'll be looking to short at a higher level of confluence if this doesn't pan out. 1:2 RR

Cheers

GBP/USD has been moving inverse to USD/CAD - I've hedged my USD/CAD short with a GBP/USD short, as it looks like it wants to continue downwards as we break into the Aussie & Tokyo session.

I need one trade to hit TP to be in profit overall.

GU short stopped out, letting UCAD do it's thing. Will watch for GU shorts as we approach 1.54

*Note heavy news tonight in UK

Stopped out by a 10 pt spike, direction was correctly called and as a (semi) professional trader, I will roll with the punches and move on to the next opportunity.

Screenshot shows everything below...

Good morning FF

Short GU 1.547 S&R +TL

GU short stopped out.

Rough end to the week at -1.7%

As it always is, the two limit orders I placed after my first few losses and later cancelled nailed the TP with only a few points of draw down.

It's this that I need to work out. The ability to pull the trigger, even after a string of losses.

A string of straight winners next week would be a pleasant change.

Have a good weekend

Short AUD/USD 9355, playing the triple/quad top that we have going here.

I've closed this about 1/2 way to SL, USD pairs across the board are having a breakdown.

Another poor week, -2.5%.

+1.3% for the week, making a small come back.

Psyc battle again this week, shutting good trades down early. Per the norm, it's these trades that would have turned my 1.3% week into a 3.5% week.

I'll try and get the charts up later tonight. All of my setups were simple 1hr/4hr S&R + trend trades and it would be nice to get some feedback.

Cheers

Good luck on your journey Sam.

Another poor week and in typical fashion, I pulled out of the two trades with slight profits that would have more than made my week.

-.08% for the week.

September was a poor month overall, only one week in profit. Net for September is -3.5%

Granted I was able to churn a profit in August, one of the tougher months, I'm certainly looking forward to continued volatility and more "normal" trading conditions as we progress through October. This, in addition to sticking with my trades, will keep me in the green.

I'm still trying to break down why I'm closing these trades early...more on that later.

Thanks LJ.

+1% for the week.

Got scared out of a quality trade early in the week, which of course nailed TP within a couple of hours...this helped keep me in check in regards to sticking with trades the remainder of the week.

Keep it up bro, you will make it