disciplina è il mio obiettivo (discipline is my goal)

Discipline is my goal... I know through experience that a statistically successful trading method is only a minor ingredient in success as there are many methods. There is but one discipline of effort to trading a method successfully, however. If I don't stick to my trading rules tuned by statistically supported evolution, I will fail. If I jump from method to method (without data driven analysis), I will fail. If I execute my method with discipline, I will succeed. I've decided, I will succeed.

I didn't place this in current PVSRA forums, because I believe it might detract from the more major theme of those threads. And a journal helps me focus on trading my method with discipline and to resist method jumping. I will maintain this journal as long as it serves me. The primary goal is to create a space for personal accountability. This is not a 'trading system' forum therefore my support for questions my seem limited. At the same time, I am willing to help others help themselves. But, until you see me present a data driven trail of success you may want to just observe.


Method: 123 reversal trades supported by PVSRA

GBPNZD Short 15 m​
Shorted at a break below #2 point.
Strong PVSRA above 3/4 line (2.1375)
Strong PVSRA above 000 line (2.1300) at LO

Weekly Update
Net Gain/Loss 2.5%
Net Total 2.5%

3 losing trades today for -5.7%​
GBPUSD m15 Short; GBPAUD m15 Short; USDJPY m15 Short
The USDJPY trade would have been successful had I not exited at first sign of drawdown. It was a very quick market today, lacking news. This may have contributed to losses as there was just not much movement. Overtime, this method is statistically sound. So I will not make any changes at this time.

GBPJPY PVSRA Short Trade
​Strong selling above 161 whole number.
Shorted 123 pattern as marked on chart.
Exit early due to GBP news in 10 minutes
+ 0.5% gain

Long GBPCAD
+13.5 pips average​
Strong PVSRA action two bars prior to entry.
Entered on break of #2 point in 123 pattern.
Exited before reaching #3 point due to nearing AO session.

PVSRA 123 Short USDCAD
+ 32 pips average
Risky trade prior to Yellen's speak

Strong PVSRA action above the 000 line.

3 trades today​
Discipline is improving.

Discipline went out the window on this one. I "caught a falling knife" as the saying goes. ​

Took small positions on these trades. One was against the trend and lost. One was with the trend, but reversed suddenly and hit the SL.​

USDCAD PVSRA Short
- Strong activity above 000 line support short entry.
- Good example of taking a 123 pattern that formed within a larger 123 pattern. The large pattern may work, but I got my pips and got out for a successful trade using the 123 pattern that formed inside that larger pattern.