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Start of my journey towards profitable trading with PA

  • #401
  • Apr 4, 2013 9:14am Apr 4, 2013 9:14am
New trade: GBPUSD

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 89 KB


SL hit as I was typing.

Hesitated at the 2nd level, and didn't manage to get in. Placed a sell limit after the reaction. Let's see if it gets hit.

Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #402
  • Edited 10:09am Apr 4, 2013 9:52am | Edited 10:09am
Quoting keroro0o0o
New trade: GBPUSD Chart: {image} SL hit as I was typing. Hesitated at the 2nd level, and didn't manage to get in. Placed a sell limit after the reaction. Let's see if it gets hit. {image}
Order cancelled.

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB


Edit: Changed my mind. Entered short. Couldn't resist it.
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #403
  • Apr 4, 2013 10:19am Apr 4, 2013 10:19am
New trade: AUDUSD

"Accidentally" entered 2 positions here because of the slow execution on Exness. Seriously considering whether to choose this broker or not.

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 262 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #404
  • Apr 4, 2013 10:32am Apr 4, 2013 10:32am
Quoting keroro0o0o
Order cancelled. Chart: {image} Edit: Changed my mind. Entered short. Couldn't resist it.
Update: Stopped out.

Paid the price for the itchy fingers.

Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #405
  • Apr 4, 2013 10:49am Apr 4, 2013 10:49am
One serious issue I have is, to always want to be in a trade, and end up entering at the wrong place, and at the wrong time.

Really have to get rid of this kinda mindset or I'll just end up a failure.

Have to always remind myself,

"Holding no position is also a position!"
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #406
  • Apr 4, 2013 5:44pm Apr 4, 2013 5:44pm
Follow up: AUDUSD

Previous sell limit worked to the pip, too bad I cancelled it..

Previous buy position was good, too bad SL slightly too tight.

On a day with so many high impact news, best to hold smaller trade positions, to accomodate larger SL's...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #407
  • Apr 5, 2013 8:46am Apr 5, 2013 8:46am
New trade: EURUSD

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #408
  • Apr 5, 2013 9:49am Apr 5, 2013 9:49am
Quoting keroro0o0o
New trade: EURUSD Chart: {image}
Stopped out.

New sell limit placed for a 2nd attempt.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #409
  • Apr 5, 2013 11:31am Apr 5, 2013 11:31am
Quoting keroro0o0o
Stopped out. New sell limit placed for a 2nd attempt. {image}
Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #410
  • Apr 5, 2013 11:21pm Apr 5, 2013 11:21pm
Quoting keroro0o0o
Chart: {image}
Update: EURUSD

This time didn't miss the 2nd level. At a good 3R profit now. SL at BE.

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 91 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #411
  • Apr 5, 2013 11:24pm Apr 5, 2013 11:24pm
New trade: AUDUSD

Sell limit triggered while I was asleep.

Not sure if it's a good idea to hold trades over the weekend..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #412
  • Edited 6:06pm Apr 7, 2013 5:42pm | Edited 6:06pm
Quoting keroro0o0o
Update: EURUSD This time didn't miss the 2nd level. At a good 3R profit now. SL at BE. Chart: {image}
Update:

SL at BE + 10. Giving price enough room to breath.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 81 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #413
  • Apr 7, 2013 5:45pm Apr 7, 2013 5:45pm
Quoting keroro0o0o
New trade: AUDUSD Sell limit triggered while I was asleep. Not sure if it's a good idea to hold trades over the weekend.. {image}
Update:

SL at BE+1.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #414
  • Apr 7, 2013 6:42pm Apr 7, 2013 6:42pm
Quoting keroro0o0o
Update: SL at BE+1. {image}
Update:

Couldn't help it..Closed half position at range bottom for a nice 2R profit, leaving the rest at BE + 1.

Wouldn't want to give all these profits back to the market and end up BE. :nerd:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 81 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #415
  • Apr 7, 2013 11:13pm Apr 7, 2013 11:13pm
Quoting keroro0o0o
Update: SL at BE+1. {image}
Update: EURUSD

Looks alot like a bull flag.

SL further tightened to above BRN 1.3000.

Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #416
  • Apr 8, 2013 1:39am Apr 8, 2013 1:39am
Quoting keroro0o0o
Update: EURUSD Looks alot like a bull flag. SL further tightened to above BRN 1.3000. {image}
Update: EURUSD

Small descending triangle broken, now fighting bigger descending triangle. SL tightened to upper TL.

15mins chart:
Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #417
  • Apr 8, 2013 2:03am Apr 8, 2013 2:03am
Quoting keroro0o0o
Update: EURUSD Small descending triangle broken, now fighting bigger descending triangle. SL tightened to upper TL. 15mins chart: {image}
Ouch, stopped out. Oh well, got a nice 4R profit, so no complaints here.

Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #418
  • Apr 8, 2013 8:35am Apr 8, 2013 8:35am
Quoting keroro0o0o
Update: Couldn't help it..Closed half position at range bottom for a nice 2R profit, leaving the rest at BE + 1. Wouldn't want to give all these profits back to the market and end up BE. :nerd: {image}
Update: AUDUSD

2nd half stopped out at BE. Price went 3 pips from my TP and turned, never looked back since.. Oh well.. move on.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 82 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #419
  • Apr 8, 2013 10:23am Apr 8, 2013 10:23am
New trade: AUDUSD

Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #420
  • Apr 8, 2013 11:12am Apr 8, 2013 11:12am
Oh my oh my, chickened out and took off my buy limit order in the GBPUSD. Missed a quick and precise 20 pips bounce.

Leaving the other 2 open and it's time to sleep.

Attached Image (click to enlarge)
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Knowing is not enough; we must apply. Willing is not enough; we must do.
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