All Indicators Trading system

I lost my nerves.
Firstly I had a plan to Sell , EURUSD at the price I told you yesterday , i.e yesterday's high.I woke up and the price was refusing to get to that point , I suspected it was never going back there since the selling pressure was too much .I then decided to sell.The price went up , hit y stop and dropped from the point I initially wanted .This pissed me off big time and I went into the recovery mode which cost me.Now I am regretting everything , I was just going in and ut and without any regard to the charts , that's what happens to me when I get angry , I just lose it

I am cool now , I have risked a lot so I just need to stay away from the PC for today .I will come back tomorrow and see how the current trades would have done .See you soon.I am hurting inside

Remember Master Yoda that emotions is the centre of the universe in trading. You'll do well to remember that.

after I told myself that I need 5-15 years to get rich off forex - my bad emotions have gone. I take it easy, I don't care after losing signal, there will be another one, I feel like I learn to trade again. I lovered down leverage, lowered down expectations
I earned only 3% this month as after bet I don't even stare at screen, just play some games on other computer, but I like this attitude - I just don't give a fuck anymore
If I did pay more attention I would get 2-3% each day I trade, but for now as long as I am not loosing I am fine ;-)
I am buying house and relocate so I have another priorities as well.
2% a day - 100 trading days a year - how much will it be over 5-15 years? ;-)
I look at it more like on investing in indices - 3% profit today, 2% loss tomorrow - after years I will be winner anyway, I am happy I am healthy, have family, have a job, rest is just a matter of time

That's why trading is not for everyone , I am certainly not ready to do this full time like you .Certainly not ready , honesty is key in solving problems

just close the damn computer ...cool off...tomorrow is another day
stop revenge trading

May the FORCE be with you Master Yoda.

It looks like my tips last night is working well. Another tip, buy GU with SL @ 1.6050 and TP 1.6240. Disclosure: Im already in and will add when the current 1HR bar closes above 1.61.

Look at my trades today, all of them were correct, The market just hit my stops, just look at them, how do you think I feel?

You feel terrible because the money involve is beyond your psychological level to handle. That's the only reason I can see.

Hopefully my UJ trade will sail smoothly above 101. GU has been a turd, bouncing up and down, i've been stopped out couple of times, but small pips only so I can play its fluctuations until it decides the direction it wants to take.

SO LOWER DOWN POSITION SIZE AND WIDEN S/L
Besides I know how you feel, been there, done that
keep your head high

I am at home now, so let me explain why 1% risk a trade is good - it is about mentality - your risk was about 2.8% a trade - gives nice profits if you win, but 3 loses in a row mean you lost about 9% - it hurts - doesn't it? you want to get it back, you go crazy, in total you lose 7 trades in a row - over 20% - now think what would happen if your risk was 1%? after first 3 loses you would have 3% loss today - you'd just laugh and say - tomorrow will be the day as well - greed wouldn't appear probably, as 3% loss seems nothing, your mentality won't go crazy over it, and next day you'll get it back.
in your case you have a time when you get 10% a day, usually 2-3 days in a row, you get over confident, then there is period when you're on be, then you get impatient and do silly things (like today when you laught at me wanting to go long, yesterday I pointed that 1.35 is strong support and it was today - ALL DAY), your target is too high. Aim 10% a month - it is still a lot even for 5k account (10% is 500quid a month - is it bad? I think it's good pocket money), as in a year it will grow over 300% - don't tell me it's not much. after you master your emotions, you will start adding more money to the acount as well. another year of 10% a month - another 300% a year, and after 2 years you suddenly have 50k out of 5k - all earned during your working hours - after 3 years you have a nice amount of money so you can buy yourself your own home or keep investing.
so let's say after 3 years you have 150k - it is a lot money so you lower your risk till point of getting 5% a month - 5% of 150k is 7.5k A MONTH! 7.5k a month after 3 years of not giving a single fuck about loses after 3 years of treating forex as addition to life not life itself, after treating it as part time
this way after 5 years you will have about 500k - don't tell me it's not much - it's like getting 100k a year, you take out half and you buy yourself nice house, other half stays in account and in a year of wise investments will give you about 200k profit - you can take it out and buy 2 small houses to rent, and will still have 250k - this way after 6 years you have a nice house for yourself, 2 small houses to rent and 250k in your pocket - carry on 4 more years and you'll have over 2 million in your account - after 10 years you're a winner, you're not mega rich but you won your life and you can retire around 50 and do what you want to do not what you must do
do you get the idea? you trade every day, so even 0.5% profit a day will benefit in few years

now imagine the way you trade now. you got over 20% loss today - (with lower risk you would lose 7%) - tomorrow you'll try to get it back by over leveraging and trying to get it back at all costs. possibly you'll get it back as it happened in the past, I remember you had one trade with 1000% profit - not sure how you did it but I bet you used all the account at maximum leverage. coming back to the trade - you'll get mental tomorrow, you'll lose another 10-20% (maybe not but the risk is higher) - do you see yourself getting rich this way ? there will be better and worse days, but 2 bad days can wipe you account - start thinking long term

and this is what I see on 1h chart on EU - I see movement of at least 50 pips up from 1.3540 area
this formation looks like triangle, also I see that resistance of 1.3520 will become support - we'll see tomorrow

Another tip, short GBPAUD with SL @ 1.7135 TP @ 1.7. Disclosure: I am short @ 1.70917. Closed the short and went long now.

Master Yoda's EU trade might survive if SL does not get hit in the next 8 hours. But again, the probability that it gets hit is more than likely than not.

I don't follow other traders trades - I prefer to spot them on my own - different traders, different expectations, different trading techniques. on same move of market one trader can win by going long, and another will win by shorting

and this is a real bad sign, worse than black cat going into your way

This goes for me, too, with the caveat to not wait till it hits Stop Loss if the move going there is real aggressive. Lower your position size so low that You find yourself not caring what happens to the trade, and then kick it up just a very little. And remember:
A margin call is a terrible thing!

Valid points you got there guys.The week is still fresh , its just Wednesday , by the time we get to Friday , at this rate , my account will be £0 , who knows

I like this, bigger lot sizes, revenge trading, emotions going nuts. There is still chance for my $100 after all.

I'm with you on the long UJ, but need some confirmation to go long again.

This really makes me laugh ,just look at today's low of USDJPY And tell me WHY ?.I can't bear watching this

YOU HAD ALREADY NEARLY 4% PROFIT - YOU SHOULD 'VE TAKE IT.
besides I was right yesterday - you are overleveraging, YOU TOOK TRADE ON 20 LOTS usually it is 4-8 lots - you may win big style today or lose another 20%, you will lose one way or another as you don;t stick to discipline. I bet you think what I wrote last evening is lot of bullshit and you believe that some day you will get rich in a day - my tip? start playing lottery not forex

You might be right, at this rate, I might see my $100 dollar bet sooner than I think.

My GBPAUD trade was a loss for around 20 pips. AU is holding the hourly trendline and I am already in (long) with 15 pip stop and I am also long EU with 20 pip SL.

tafa, let it fuvcking go, leave it for at least a week. can you afford to lose rest of the money?