Chinocop's Forex Fiasco

Got in on E/J at 113.49 around 00:57 PST. Sold half at 114.089 and moved stop to breakeven.

Was a little lazy. Here are the results on my first G/U short.

Pipped out on my G/U short. Looking for an entry around 1.5920.

Here's what I see on G/U.

Whatever direction A/J breaks, the consolidation will make for awesome support or resistance.

Got in at 1.5920 and got stopped at 1.59663. Can't win them all. Nothing like a nice loss to knock you back into reality.

Back in E/J. Two nice hanging men on the 15 minute. Let's see if price continues on its previous trajectory.

Didn't get much for E/J.

Looking to go long G/U around 1.596. Nice little support shelf that coincides with a 38.2.

Ok, moved my order down to 1.591xx as I don't like the fact that price consolidated around 1.5977x above the support shelf where I was looking for a bounce.

Tried a small scalp at 114.111 but stopped out for .01. I don't like OPEX games and POMO day; although, I should have let the trade run. That's ok, I'm beginning to realize that I'm not the scalping type.

I actually like the price action on E/J and I would take a long position based on the charts; however, since it's Friday there's a good chance that I would get stopped out because of weekend game playing.

I need to start following my scenarios. I would have netted 118.1 with 3 wins and 4 losses. That's the type of performance I can accept. I need to have more faith in myself. Here's how I did this week ... definitely not as great as I would have liked.

In on E/J at 113.401 target 114.207. Let's see how this goes.

Got stopped out. Looking for another long entry around 113.

Got slaughtered last night. Like Jesse Livermore, I want to thank the market for the lesson and my loss. I need to re-evaluate my plan and adjust.

Gotta love your losers .

Here's a document that I borrowed from the trading with deadly accuracy.

Looking for a long on G/U at 1.56711, EJ shorts at 114 and 11.312. Might be looking for a long on EJ around this level depending on the price action.

The thing about G/U I don't like is that there doesn't appear to be any major support between 1.56711 and 1.55383. Maybe I'm wrong but that's what's got me worried about going long here.