This is a journal of my trades. I will attempt to post trades as SOON as I get in or a bit after im in while the trade is running. I trade 2am est to 6am est. No trades today. Hopefully tomorrow will be better.
A wise man once said, "rather have no trades than losing trades"...ITS ONLY 2:30!!! welcome to the boring business of forex trading. 3 and a half more hours..trade or no trade, im grinding..
5:15am...Few trades were possible but too many moves beforehand kept me out. Happy with what I was able to grab, no regrets. will hang around till 6 to see if anything developes. If not then see ya tomorrow!
Day 2- No trades as of yet..dont see anything really forming up. I let trades come to me, not the other way around so if there are no trades coming thats not a problem..tomorrow is another day. will update if anything is happening though
So everyone knows: News at 4:30 for GBP so by 4am EST I will be getting out. does not matter if in a winning position or losing
Also: I try to have atleast 45 minutes for a trade to develope. so this was good. entered around 3:15am and will be out around 4 to steer clear of news
UPDATE: GBPUSD trade was a winner. Dont let winners and losers get to your head. Every trade you take is just that. your money management should be low enough where you could take 5 losses in a row and it has no effect on you. Today I am almost B/E. Good day either way
no trades yesterday....because i didnt trade. I have to start trading mondays but even next week its a bank holiday so no trades then either. oh well. waiting for setups to happen today.
