fx|green Trading journal

Hi Mr Green

Just dropped in to say that I've subscribed and appreciate the effort you are going to here. I'll watch with interest, as I'm sure many others will.

regards

Analog

Been watching this most of the day. Its setting up most of the day. Time to watch and see how it plays out.



Update: Stopped out, -12 pips.

Just glancing at the EURUSD. Looks like its mostly going to be fading trades for the week. I do not have a strong conviction on direction right now.

Attached is a chart of the EURUSD.



Fading the market is not for everyone and takes patience and practice. Remember all my trades that I post are after the fact and if any of my trades are still in the market, it is only because I have already got a safe entry and I am just letting the market do its thing and continue locking in profits.

I hardly ever play for a turn in the market, I usually play for a fade and let a portion of the position run and pay me. In hindsight it looks like I pick tops and bottoms consistently but I promise you this is not the case.

I am also encouraging users to post their charts and engage in discussion (technical analysis for the most part) I trade a lot of pairs so its not just the EURUSD. Most of the fade/scalp trades I take are for mere seconds and I cannot make every trade a post on this thread. Then I would not be able to trade this market.


Once again, please if you have interesting technical views and insights, join in the discussion. I have gone to other threads but barely feel welcome so I want to make this thread a haven for those who take trading very seriously.

This is not a social club.


Cheers and prosperous trading to all.

Hi just one trade tonight.

Long targeting the pivot for today. Based on 0:00 GMT as a base for calculating the pivots.



Update: Just got stopped, -12 pips. Was willing to give this a chance and let it come back all the way because of a possible triangle alternative which I had envisioned.

Just watching this and looking for a clearer view.

Anyone else seeing this ?

Was looking to buy dips but kept missing entries by 30-40 pips. Tried shorting and fading some of this rally, made some but gave most back at the end of the week.

Slightly down at end of week and its all because of commissions.

Solid waste


Congrats to those who banked profits this week.

sorry for the question, but how i can attach momentum to the candles. trying to do it, but momentum opens in another window below the chart

I think you are naming it wrong. Perhaps you mean the moving averages which you see on my chart. Its a simple overlay, just look for 'moving average'.

There are many types, I suggest you Google each and read up on them.

Momentum on the other hand is different and it would normally show in a separate indicator pane.

Before using any indicator, please understand how it works and how you can incorporate it in your trading.

Trade well