S&R short term bounces

trade # 76

gbp/usd - long off 1,52759

TP 13
SL 26

if the red news come too close, I might close the trade...

trade # 76

+13

trade #77

gbp/usd - short

TP 13
SL 26

here is the missing screenshot with todays trades

I must admit, I´m pretty sure that I would have taken that trade if I would have been at the screen at that time. but... lucky me...would have been a loss.
Or were there news announcement at that time...don´t know...

Your on fire mate!

yeah, seems to work for me, if I stay disciplined and just trade my levels. thanks mate!

trade # 77

+ 13

Awesome work Findus. Having been enjoying your journal from afar .

My 2c on your post #365 above, and the missed trade that would have been a loss. A filter that I would use: [see attached image with comments]


either way, it looks like your system that breaks all the MM rules seems to be working

good stuff.

Seb

Thank you Seb! You are right, I should check in all my past trades what would have happened
if I just took the first or maybe the first two bounces. The results would be interesting. For now
I will stick to the rules until maybe 100 or 200 trades and then I will start analyzing to find
things to improve it. thanks mate!

not much I see today...I try this one


trade # 78

gbp/usd - long

TP 13
SL 26

trade # 78

+13

just missed this nice little opportunity.... next chance will come for sure...

trade # 79

gbp/usd - short

TP 13
SL 26

puu...another winner... I´m getting scared

trade # 79

+13

trade # 80

eur/usd - short

TP 13
SL 26

Almost there, 20 more to go!

trade # 80

+13

absolutely! I never thought that I´d bring it this far (I mean trade count, not the profit). I think this journal helped and taught
me so much with my trading. I could not have done this without the journal, because I knew people will watch my actions.

I think this way I can force myself to things which I could not do alone. I am way more disciplined doing this and I don´t force trades
and don´t trade because of emotions (of course emotions are always involved, but I think you know what I mean).
Also, I haven´t changed settings too often after some losses and haven´t closed trades early and all those typical things and mistakes
that I do when I´m just trading for myself. I have way more patience now...

This journal brings out a lot of the things that a trader needs to trade properly.

I´m really glad I´ve done this and I know it´s still a long way to become a good trader but I have the right feeling about it.

And I´m also very thankful to you guys who watch this from time to time and give hints and ideas!

Findus

Thats good. Accurate self reflection is very important in this business of retail trading. Probably the most important. It's interesting that you've mentioned straying from the method as a result of emotions. Our minds play tricks on us if we're not aware so we have to stack the cards in our favor and you creating this journal for you is good just like you said it is.

To be a trader or "economic exchange specialist" as i like to call myself, you've got to be part self psychologist and part not give a f*** what anyone says until you've done the homework yourself and verify'd it yourself. Crazy part about all this is you'll always be doing "homework." I can't speak for anyone else but now a days i don't chase profits like i used to, i chase success. Success in analyzing a chart and sticking to a certain criteria to learn from it, the ability to be flexible enough to adjust my mindset to fit the circumstances of the evidence and learn from it. I love opposing views, it's a chance for me to learn from it.

I don't know how much of what you know but i do know that if you keep journals of your trades, your significant thoughts, feelings, and reasons for taking a trade, and then your thoughts and feelings after taking the trade, then it'll do wonders to the quality of your self reflection. You just make sure to get your questions answered by any means neccessary, just don't hurt anyone lol.