Trade with basic concepts

go to sleep now

Trade 25 USDCAD closed 50% at fibo 2618, and move stoploss to BE.
Trade 26 EURJPY missed fibo 2618% by 1 pips, will close 50% at 113.02 and let the other position run.

I am out for a meeting today. maybe I can manage the trades on my cell phone.

eurjpy closed 50% at 113.02 and stoploss moved to be.

I will go back to my office this afternoon.

I have come back to my office.
If I came back earlyer, I would take XAUUSD short trade.

In my opinion EURJPY would go south for another 150 pips.
so hold the position a little longer.

My opinion on H4 and Weekly Chart.

Although the pictures were in Chinese, you can get what it mean in the picture.

Although the pictures were in Chinese, you can get what it mean in the picture.

If you can read Chinese go to the link below:
http://hi.baidu.com/gangliu80/blog/i...bb8998fb2.html

Trade 25 and Trade 26: the other 50% both closed at BE

If I closed the trades at fibo 2618%,
I would get lots of pips this week.

I would cosider that all the trades closed at fibo 2618.
Anyway I have many setups in a week, about 20-30 setups in a week.
If I got 60% right and 40% wrong. And the RR was about 1.4.
That is 60%*1.4-40%*1=0.44,
0.44R per trade.

If I took 15 trades I can got 6.6%, that is enough for me.

after trade 26, my account was -0.87%.

It is not a place of many choices in forex market, you must drop many opportunities.

You lost something and you will win something back.

Trade 11 pictures

Trade 12 pictures

Trade 13 pictures

Trade 14 pictures

Trade 15 pictures

Trade 16 pictures

Trade 17 pictures

It is a trade that hit my stoploss.

Trade 18 pictures
It is a trade that hit my stoploss.
I was too hury with trade as someone call me that time.

Trade 19 pictures

Trade 20 pictures