My new life

Hi, my trading recently is not good. Im feeling tired every trade i put in is a loser. i dont know what todo.i took sometimes off from market, do some reading and researching. i will trade renko, support and resistance for now on. i have to honest to myself so openup this journal to keep all my record. Happy trading to all.

OH hi against. i will trade with account with $500, using 5% MM. i will trade only 1 pair eurousd because i feel like manage too many pairs just give me more headache. also i do not know where the market going, im trying not to predict. i allow myself listen to it.
some rules for my self.
1/ Honest to myself.
2/ Have to plan your trade and execute as plan. Never change the plan
3/ Money management rule
4/ Market structures rule.
5/ Trade in direction of market structures only except have a good explaining the reasons why this rule is not apply.
6/ if I dont follow all these rules i will stop trading for that current day.

here is my first trade. Stop already break even because market move in favor for 60pips. Also i will use this equity percent modeling excel spreadsheet (thanks to the percent who created.)

Hi! I am a fellow EURUSD trader Might I suggest looking for shorter term projections based on recent momentum?

Trying to figure out a rate weeks or months in advance isn't wise in my opinion... the bankers are reacting to the EU crisis as we speak... trying to project next month's price is like trying to predict the weather next month.

No criticism, just my own insight.

Thanks, i do agree. i do not predict the market. i dont care where it will goes. Thanks for the input. sometimes u feel really good if ur prediction is exact at the price turning point. Then ur brain will take that prediction habit and implant a small spot for memory. it is bad so right now im practicing the Sedona method to reprogram some of my bad habits in trading. Thanks again bud. come and share ur knowledge so i can learn a little from everybody.

Oh buddy! So quick I will be with this...

I'm not trying to tell you what to do. For ME, it was all about STOPPING calling the tops and the bottoms, and just riding the recent momentum a few more pips from where it has just come from.

In other words, in a big trend, I made lots of trades, and when it was over, I was happy if I caught a nice percentage of the move.

Then I'm not so vested in a single trade.... and a reversal from the bottom or top is not gut wrenching. That said, whipsaws can kill.

Im out of my trade with 113 pips.

euro charts. euro was have a nice opening range break out today.

Your charts are nice... I'll hand you that. COMPLETELY different style than me... and my last trade was a loser

thanks man. i know how to draw but i just have problem with my psychology and money management. thats why 3 years of trading i have a period double, triple my account, then i gave all back to the market. i took 6 months off from market and get all things straight out. Now im coming back to the market with just a small account and i want to see some progress with this small account. After 6 months with this account i will open up futures account to trade 6e.
happy trading day bud. Thanks for all ur input.

ha. any buyers at this zone here ? lets see how they going to show up.

looking for short

Took a short here. This short is based on the 30 mins chart and reverse candle in renko chart

exit the trade with 7 pips in profit. I know there will be some buyers at that level. but its ok for my short because i trailed it. will be looking at 3233 area for next short.

added renko current view of renko chart.

We break out of the range now. lets see the down trendline will stop the price, but i doubt it.

Ok im done for the day. 20% gains for the day. Not a bad day at all. See you all tomorrow.

Short at 1.3316

Break even.

Good morning trader. Im still in the short trade here the view for the euro 30 mins.

here is the gbp. i dont trade it but the bar structures caught my eyes. you guys see anything in that yellow box