Shrted AU (again) at 75. Nice divergence on RSI m30.
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DislikedTrading outlook today is basically an extension of yesterday. The levels I used yesterday are less than 2pips lower. If we go up, same story and expectation, if we go down, will trade the signals and levels. Will try again to: 1) "Try not get locked into an opinion (my own or anyone else's) so much that I'm locked into a trade that I shouldn't be carrying". 2) Will not fall in love with my position simply because I need it to work. This ain't a long term romance or a marriage. 3) Trade the action, not the expectation. Be willing to discard any opinion...Ignored
DislikedTrading outlook today is basically an extension of yesterday. The levels I used yesterday are less than 2pips lower. If we go up, same story and expectation, if we go down, will trade the signals and levels. Will try again to: 1) "Try not get locked into an opinion (my own or anyone else's) so much that I'm locked into a trade that I shouldn't be carrying". 2) Will not fall in love with my position simply because I need it to work. This ain't a long term romance or a marriage. 3) Trade the action, not the expectation. Be willing to discard any opinion...Ignored
Disliked{quote} Totally missed a minor buy sig this morning. Had hedged early morning short, was staring at screen, signal said...probably a good time to buy or release short side...looked at it...said...ehhh...whatever. 5 minutes later, signal was good, virtually no draw down on the entry...still hedged with a locked in loss to dig out of later. The trade volume is super minimal on this one, so it's not the money gained/lost, but the concept of not following my plan always gets me and I sometimes wonder why I do what I do, or don't. What I've learned by...Ignored
DislikedCritical scalping error!! Do not do this while trading. I seem to do this at least once every couple of weeks, especially when I'm tired and not fully alert... last time: meant to buy/sell 8.0 and instead order filled with .8, and then when I went to hedge it, did the reverse! this morning: meant to add on with .10 to several other orders, instead clicked 1.0...filled and now got to find a way to trade out of it. it's not like a store where you can return it with the receipt and say, I bought the wrong sizeIgnored
Disliked{quote} You trade 8 lots, nice! I also make stupid mistakes when I'm extremely tired. Trying to avoid that mistake. A/U short from yesterday hit TP@ 7307 some time ago.Ignored
DislikedBit late, but I managed to do this during sleep. It was too close to 1.1341 which was a peak in the profile to miss it. Previously had a buy at previous daily close had s/l to 1.1350. Closed at 74. PA stopped. Will wait for LO to get better prices if it goes back to daily open. {image} {image}Ignored
Disliked{quote} Nice chart and nice trading yesterday. Thank you. Was going to ask you at what point do you concede the trade or TP, but you answered it already. PA.Ignored
Disliked{quote} well, the lot size was smaller and i can hold these for now.. and its just 25pips below where i can close them all in break even.. and my 2nd and 3rd shorts were opened to average out my 1st short.. but when the price reached that level, i got greedy and wanted to lock them in profit.. anyway, i'll close them if price goes above 1.14 and stays there.. i hope tmrw's asia session get EU lower, so i can close them..Ignored
Disliked{quote} Did you finally close? PA on the 30m seems like it wants to break yesterday high. Missed that 1362... flat for now until 1394 or 135x. Buying here 1.1390, sl @1.1385, be @1.1403, tp @1.1460. Revised sl to 1.1380 due to a small gap @1.1383. Seems to have potential to take out the res at 1.1391x. {image}Ignored
Disliked{quote} Yesterday's theory was a day too early/late for me. Right oulook, wrong timing. I overleveraged shorts today and paid dearly for not hedging them this time. Did not expect another run to 88, I was expecting a fake, but instead I allowed myself to get plowed there, didn't hedge it like last night and misread critical and obvious PA up/down around the 50 mark, should have conceded at 60 but sold more there. I'm long now but not at half the price or volume I should be. They are not pullingback hard like yesterday...will ride until the sell...Ignored
Disliked{quote} Did you finally close? PA on the 30m seems like it wants to break yesterday high. Missed that 1362... flat for now until 1394 or 135x. Buying here 1.1390, sl @1.1385, be @1.1403, tp @1.1460. Revised sl to 1.1380 due to a small gap @1.1383. Seems to have potential to take out the res at 1.1391x. 30 mins later and still denying to pop. Might move to be just now. Giving it 5 min (to 10:45) to hit 1.14. {image}Ignored
Disliked{quote} thanks for asking.. but nope.. i'm a bad trader.. and luck kicked me in the a$$ today.. when price got down to my BE at asia session, i was asleep and it was up again when i woke up.. and i also expected a dollar sell off at london open where i planned to place a bigger lot size(0.1) to hedge my shorts, but my net connection F-ed up 2 minutes before that and just now started working.. also i shorted(0.01) just above monthly R1, bcoz it resisted yesterday.. which the price already blew through and climbing..Ignored