priceaction1 journal

did try at 1.1188 but close @ BE. PA was not in sync

she is not in a short mode. just kiss my stop loss. another BE trade

ok she don;t like short than long @ 1.1202 low leverage.

and she did it. stop at BE know.

fti time

To predict is to have bias. This normally comes from having analysed be it technical or fundemental analysis.
One can forecast, any one who trades will have some form of bias.( opinions if you like)
but bias is only expectations. There is limitation to that bias.
When things happening in the now, creates situations where the bias is tested.Then damagecontrol is paramount for survival.
You must have heard before, that markets can be irrational and reamain in that state. it can stay in that state mostly longer than your finances can support sometimes, esp if you are highly geared(leveraged). So pro traders want to stay in the flow of things than a bias, is easier on the nerves and less fears.

no one wants buys tops and sell bottoms, but these are mostly stops or desperations.

regards

With robust money management of trade sizes, one can use the bias to advantage and damage control to protect against the ego directing for death battles.
Ability to knows ones limits emotionally and financially, is key to finding that balance.

let me try see if i can explain this in medicine terms for your better understanding.
when a patience come to a doctor declare pragnancy.
The Dr does test determine if the test signals can verify, yes? That's analysis.
then if all good, then the expectation is after gestation period the baby will be here.
that bias due to the test results, the expectatons.(predictions)
But the Drs need still have constant monitoring of the situations.
to respond to any situations that may arise.......................

I think you can fig it out.what i trying to say
Is the same in markets. With good experience one can analyse and develop a bias.
But the bias must be managed, managed within one's threshold of skill and pain.( fears , affordability to risk.)
When you have much foreign capital is easier manage. On tight financials can cause fear and disorientation.

Mr. dog whisperer calls it rules,limits and boundaries.
Discipline and Obedience.
In banking , we call it risk prudence.

long close with more than 50 pips green.

short@ 1.1279 with stop above 1.1301 low leverage.

was stop out last night.

but to day one long from 1.1229 is closed @ 1.1286

and now short @ 1.1289 with protection
https://charts.mql5.com/8/66/eurusd-...services-2.png

long was close @ 1.1276

https://charts.mql5.com/8/68/eurusd-...l-services.png

eurusd short @ 1.1305 low leverage stop open.

was force to go in rescue mode used 1:2 ratio close both at BE.\

long @ 1.1218 low leverage stop is open.

close at BE when drop from 1.1236.

was short @ 1.1258 last nigh but, before that I did a high leverage trade on another account lost when up side spike start@ 1.1242. I was short at that time

last two days are not as good as last few days back even worst with in month time frame total out of sync did trade at right time but exit and add on are on opposite side, two time with in 24 hour she just move opposite direction at very time when I enter and worst side is she just kiss stop loss point and come down to my initial direction left me behind. Damage is limited but it is there. the reason of this one is only people who made money took profit. and I Did not

ok back to basic
it is fti time.

when out of sync stay away from market so I have no position at this time.
no trends move in a straight line advance or decline.
within any major trend, there are minor trends, then there are intraday trend, hourly trends and so forth.
its your choice to decide which is within your scope to cope with.

to b cont.....

Story #1

A Lesson about Human Nature.
Here is a Lesson my Dad thought me while I was young.
He's the big one in the avatar, I am the little one with the cowboy hat.
He was my mentor and he taught me alot about life while growing up.
He's no longer with us, gone home for some time already.
Do guard that this should happen to you, in your trading and your life.

A Lesson about Human Nature.
The Turtle and the Scorpion.

Once upon a time, LONG LONG ago in China
There was this scorpion, who wanted to cross a river.
Since he could not swim, he waited along the river banks for someone who could.
Along came a turtle, and the scorpion promptly asked if the turtle would give him a ride across.

The turtle quickly replied, NO, NO, NO.
Why? The scorpion asked.
The trutle replied, because you will sting me while I am carrying you across.
The scorpion replied, If I did that, then we would both drown
and What would I benefit from that? he asked.

Accepting the scorpions reasoning, the turtle agreed to give the scorpion a ride across.
While half way across the river, as the waters became choppy.
and the ride became rough, the scorpion stung the turtle.
And as the turtle was drowning, he asked the scorpion why he did it.
Now they will both drown.

The scorpion replied,
I am so very sorry, I couldn't help myself from doing it.
You see, ITS MY NATURE,

---The End---

The reason for such a long time was for you to learn discipline and patience. Not so unlike waiting for market trends.
Anyways please know that you will be missing out the training of patience. You gotta learn it yourself now !
So learn well.

The lesson my dad taught me was about the human self-destructive nature.
Thats why we smoke.
Thats why we drink.
Thats why we take drugs and medicine (poison)
Thats why we lov to lov chicks that are naughty.
and thats why most people get killed in markets.

He was not a Forex trader , he was a business man , but he knew the consequences of the human nature.

resistance boundary

https://charts.mql5.com/8/94/eurusd-...l-services.png

SEEMS LIKE YOU STARTED TO FOLLOW MY WAY.
REMEMBER,WHEN YOU ADVISED ME TO TAKE PROFIT AND I DIDN'T ,SO LOST EVERYTHING.

猿も木から落ちる
Even Monkeys fall from Trees yes I did not do this time.