A missed trade: GBPJPY
Chart:
Chart:
Knowing is not enough; we must apply. Willing is not enough; we must do.
Start of my journey towards profitable trading with PA
- #481
- Apr 17, 2013 5:29pm Apr 17, 2013 5:29pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
- #482
- Edited 9:08am Apr 18, 2013 7:25am | Edited 9:08am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Another missed trade, BY 0.2pips!!!!! 
EURJPY
Edit: Update
EURJPY
Edit: Update
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #483
- Edited 6:47pm Apr 18, 2013 7:38am | Edited 6:47pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New trade: AUDUSD
chart:
30min view:
5min view:
Edit: Update:
Update: Had a Sell limit at the newly formed supply zone, but missed it by 2 pips. PA looks bearish. TP revised to lower demand zone.
Chart:
Update: Added Sell limit at newly formed supply demand, and original position SL moved to above the new zone.
chart:
30min view:
5min view:
Edit: Update:
Update: Had a Sell limit at the newly formed supply zone, but missed it by 2 pips. PA looks bearish. TP revised to lower demand zone.
Chart:
Update: Added Sell limit at newly formed supply demand, and original position SL moved to above the new zone.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #484
- Apr 18, 2013 11:42am Apr 18, 2013 11:42am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Somemore missed oppurtunities:
USDCAD:
AUDUSD (attempt to scale in position):
On the bright side, I'm happy that i'm able to catch turning points. Perhaps I should give slightly higher buffer? Will see..
USDCAD:
AUDUSD (attempt to scale in position):
On the bright side, I'm happy that i'm able to catch turning points. Perhaps I should give slightly higher buffer? Will see..
Knowing is not enough; we must apply. Willing is not enough; we must do.
Somemore missed oppurtunities: USDCAD: {image} AUDUSD (attempt to scale in position): {image} On the bright side, I'm happy that i'm able to catch turning points. Perhaps I should give slightly higher buffer? Will see..
- #486
- Apr 18, 2013 5:44pm Apr 18, 2013 5:44pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Thats the spirit!
Bring in the charts buddy
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #487
- Apr 18, 2013 9:52pm Apr 18, 2013 9:52pm
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New trade: AUDUSD chart: 30min view: {image} 5min view: {image} Edit: Update: {image} Update: Had a Sell limit at the newly formed supply zone, but missed it by 2 pips. PA looks bearish. TP revised to lower demand zone. Chart: {image} Update: Added Sell limit at newly formed supply demand, and original position SL moved to above the new zone. {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #488
- Edited 5:56am Apr 19, 2013 12:28am | Edited 5:56am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
New Pending order: USDJPY
Missed the first touch to the zone on my chart, but decided to put a PO in case price pulls back for a quick 2nd retest.
30mins zone:
1H view for clearer picture:
Update:
Took a position, but a sudden spike took me out in less than 2 minutes. Maybe SL too tight for the Yen pair.
Another order at the higher supply waiting. let's see how it goes.
Follow up: Review of the trade:
Missed the first touch to the zone on my chart, but decided to put a PO in case price pulls back for a quick 2nd retest.
30mins zone:
1H view for clearer picture:
Update:
Took a position, but a sudden spike took me out in less than 2 minutes. Maybe SL too tight for the Yen pair.
Another order at the higher supply waiting. let's see how it goes.
Follow up: Review of the trade:
Knowing is not enough; we must apply. Willing is not enough; we must do.
Will do my best to get some up over the weekend!- #491
- Edited 3:19am Apr 19, 2013 2:39am | Edited 3:19am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Not a great morning for SD trades, a few of mine busted...
Edit: As we speak, took another short attempt at GU, and got stopped out, immediately! 3 entries, all taken out in less than 5 minutes. That's some crazy market, or crazy trades? well, will stay rock solid and trade according to the plan.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #492
- Apr 19, 2013 6:25am Apr 19, 2013 6:25am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Closed trade (loss):
GBPUSD
30min:
4H:
GBPUSD
30min:
4H:
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #493
- Apr 19, 2013 7:32am Apr 19, 2013 7:32am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Another losing trade.. Didn't notice the high impact CAD news. oh boy..
Got slaughtered by the market relentlessly today...
chart:
Got slaughtered by the market relentlessly today...
chart:
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #494
- Edited 9:46am Apr 19, 2013 9:19am | Edited 9:46am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
More lost trades:
GBPUSD
AUDUSD
Started the week strong, ended the week in a disaster... Oh well, on to the next.
Showing serious signs of overtrading, which is really bad. I really need to be more careful.....
For a moment there, I really thought I was getting good at trading, was up 16+% last week, and up 8% before yesterday. Then came the reality slap, where 2 days wiped out this week's gains. I'm not sure if I was getting overconfident that caused this situation, but I think I've traded according to the plan, to take the zones that I believed.
Anyhow, will review these lost trades, and HOPEFULLY, learn from them and become a better trader tomorrow.
GBPUSD
AUDUSD
Started the week strong, ended the week in a disaster... Oh well, on to the next.
Showing serious signs of overtrading, which is really bad. I really need to be more careful.....
For a moment there, I really thought I was getting good at trading, was up 16+% last week, and up 8% before yesterday. Then came the reality slap, where 2 days wiped out this week's gains. I'm not sure if I was getting overconfident that caused this situation, but I think I've traded according to the plan, to take the zones that I believed.
Anyhow, will review these lost trades, and HOPEFULLY, learn from them and become a better trader tomorrow.
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #495
- Edited 11:45am Apr 19, 2013 10:09am | Edited 11:45am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Spot some nice compression on AUDUSD, towards the next demand zone. However, took enough trades and losses today, and promised myself to not trade. Plus it's getting late. Will only use hindsight, and see if it works out as expected. A good practice as well.
Chart:
Follow up: Glad i didn't take the trade. It seemed my vision was really clouded...
chart:
Chart:
Follow up: Glad i didn't take the trade. It seemed my vision was really clouded...
chart:
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #496
- Edited Apr 22, 2013 8:48am Apr 21, 2013 6:22pm | Edited Apr 22, 2013 8:48am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Some new trades: All yen pairs
AUDJPY:
Update: Stopped out. Perhaps not such a good idea to short after price making higher highs/higher lows, even it's at a significant supply zone? hmm...
EURJPY:
Update 1: Stopped out. Same case.
Update 2: Price missed my higher limit sell by 2 pips, and moving nicely...
Update 3: Target hit on missed trade...
USDJPY:
Update: Stopped out at BE...Shouldn't have moved the SL....
AUDJPY:
Update: Stopped out. Perhaps not such a good idea to short after price making higher highs/higher lows, even it's at a significant supply zone? hmm...
EURJPY:
Update 1: Stopped out. Same case.
Update 2: Price missed my higher limit sell by 2 pips, and moving nicely...
Update 3: Target hit on missed trade...
USDJPY:
Update: Stopped out at BE...Shouldn't have moved the SL....
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #497
- Apr 22, 2013 8:08am Apr 22, 2013 8:08am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Another missed trade: AUDUSD
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #498
- Apr 22, 2013 8:33am Apr 22, 2013 8:33am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #499
- Apr 22, 2013 9:24am Apr 22, 2013 9:24am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
Some new trades: All yen pairs AUDJPY: {image} Update: Stopped out. Perhaps not such a good idea to short after price making higher highs/higher lows, even it's at a significant supply zone? hmm... EURJPY: {image} Update 1: Stopped out. Same case. Update 2: Price missed my higher limit sell by 2 pips, and moving nicely... Update 3: Target hit on missed trade... {image} USDJPY: {image} Update: Stopped out at BE...Shouldn't have moved the SL.... {image}
Knowing is not enough; we must apply. Willing is not enough; we must do.
- #500
- Apr 22, 2013 9:29am Apr 22, 2013 9:29am
- Joined Nov 2012 | Status: Be consistent, Be persistent. | 1,847 Posts
I realized one big problem that caused my account to be red. All the missed trades/stopped out at BE trades were the ones that I should've been in. At least that brings some comfort, assuming IF I were in those trades, I would've been FAR ahead.
With this, the biggest hurdle that I need to overcome, is to be able to stay away from going from BE (too soon).
Let's see how it goes.
With this, the biggest hurdle that I need to overcome, is to be able to stay away from going from BE (too soon).
Let's see how it goes.
Knowing is not enough; we must apply. Willing is not enough; we must do.