Me, myself and I

Damn, i'm really spamming this thread lol!

Sooooo i'm looking to maybe add on to my EurGbp trade, if it reaches the EQ of the block i might take an aggresive entry with a tight sl (still only 1-2% risk!)..

We'll see what price tells me to do.. that or just leave this position running and enter another one a lower level once we're in profit..?

Quick update before heading out for dinner and no more looking at charts for a couple of hours.

UJ just hit 1.5R, moved SL to daily high, going for more of a swing trade.
AJ is at 0.5R, this is the trade i'm most uncertain about - might collapse it later tonight if my asian friends don't make it drop more during asian session.
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Added another position to the EG trade, abit more aggresive - total risk is about 2.5%, right now it's down ~0.7% total

Total on all trades is ~+1%, can change drastically if EG goes my way, if EG hits my SL i'm still up for the week tho so playing with house money.



Hope you all are having a great week!

Green pips to you all!

I'm sitting through some minor drawdown atm - hoping for the reversal to kick in during london on EG.


Untill that happens i'm just paper trading gold, trying to see what works and what not.

My entry is at 1259 (short)
SL at 1262
TP at 1250



Not sure about my TP level, so i'll keep it somewhat open for discussion! thinking of taking half off as usual at around 2Rs and letting rest run for infinity or till SL.

Again only paper trading this one!

Green pips to all!

I chose to collapse my EurGbp (+-0 in the end) trades ahead of the news, i did not get the reaction i wanted from this price level, i will look for a re-entry later on today most likely!

The most important thing is not to make money per se, it's about protecting capital to be able to maximize return (if you ask me).

I read somewhere from someone, and i quote!
"The market will be there tomorrow, you might not."
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I'm in on EurUsd short, low exposure, high SL trading it as a swing trade - nothing exciting about it.

My UsdJpy trade is still active, taken off size and move SL to be +10pips. (+40pips on the remaining position.)

Feel like i missed the "trade of the week" which was the GbpUsd trade that i sadly did not take because i have trust issues with my analysis at times.

There's always new trades.. sucks to miss the really good ones though!


Green pips to you all!

GbpUsd hit SL during night, -1.5%


UsdCad went my way, taken profits a little bit too early because i have to leave now and i did not want to leave it on with the incoming news, cancelling out the GbpUsd loss, +1.5% on UsdCad

Currently sitting on a short on Gold, will post charts off of it later on!




Hope you all had a good week, i'm in profit "for now atleast, we'll see how gold goes!".. i really want out of gold before news hit.. but atm it's down abit.. i need it to drop about 20 pips and i'm golden!


Green pips, and have a great weekend to you all!

So i got out of gold right after news hit, hedged the position to be able to get out on a higher price than my entry was, +0.5% "i don't really care if it went +100% or BE, i just wanted out of that trade.. was not mine to take from the beginning!".


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GbpUsd just hit a daily blocks EQ "Price went past it, i got in a little too early to be honest!" with ATR exhaustion - risk is 2.5% SL a few pips below the daily block, aiming for atleast a 2R trade, this will be the last trade for the week.


Have a great weekend guys!

Green pips to you all!
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Update:

Aaaand we're done!

-2.5% on GbpUsd, i still think it will turn around, but unfortunately without me!


Done for the week, i will write a summarize for the week in the weekend and start doing my analysis for upcoming one!


Have a great weekend everybody!

Sorry for not keeping my words, no analysis nor recap of previous week ! alot of stuff going on ATM!


But a quick recap about last weeks trades ~ +2.5%, not the best, but compounding 2-3%/week for a few years will generate BIG money!



My analysis is about the same as last week.

Bearish Dollar
Bullish Pound
Bullish Yen
SoH on euro pairs.
Bullish Gold


So this week, i'm in on 2 trades, Short UsdJpy and short AudCad

Missed my entry on Swissy and UsdCad short, would have been perfect but what can you do.. "pending orders duh!!!"


Gonna post a few charts showing where i'm at atm.

Hope you all have a great trading week, green pips to you all!

So AudCad short, bounce off of the support turnet resistance retest - simple entry, had to take a big SL tho since that was the only logical place for me.

Swissy would have been so beautiful.. right into the EQ of a H4 OB, moved away quickly 60+ pips. There are always another trade setup around the corner so no worries about missing out! currently watching price, if it breaks below 9735~ i'll watch for a retest and go short.

UsdCad i had alarm set if it went to 1.3508, just barely missed it, but nice to see the analysis working for you!


And the pair i'm currently watching is GbpUsd.

GbpUsd long off of the retest of support turned resistance in conjunction with directional bias and dollar bearishness.

GbpUsd - Reason why in previous post

This GbpUsd trade hit my SL unfortunatly. -1%.


I've been a little bit busy these last 2 days, was my birthday, had some job interviews etc. so not much trading going on - gotten in on a few that paid me a little bit atleast!


So here goes!

I got one active trade ATM - UsdJpy short, risking 1.5% - hit my daily, H4 and H1 orderblock (all lined up perfectly), 30 pip SL.

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The trades i've taken are as following ->

AudCad short, risk 0.5%.
It was a retest of previous support turned resistance, managed to grab 0.5%. I took 50% off at 2Rs and let the rest run with a BE + a fewpips SL. got stopped out so instead of 1%+ gain i had to settle for 0.6%.

The AudCad trade is one i missmanaged big time, i missed out on 70%~ of the move, but we win or we learn, simple as that!



UsdJpy short, risk 1%.
Same as the AudCad one, simple retest of support turned resistance with a directional bias in mind "being bearish dollar". And just as AudCad, i took half off at 2Rs and left rest to go untill stopped out at BE or TP. total of 1.1% gain.

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I'm looking at Swissy short if opportunity presents itself tomorrow with the news if not, i'm out for the week!


Stay green everyone and be careful with the news tomorrow!

I closed the UsdJpy trade because of the upcoming news, ended up with a 1.1% gain atleast.

So for the news, i'm watching Swissy, UsdJpy and UsdCad.

If nothing shows up perfectly i'm sitting on my hands for the rest of today and with that i'm done for the week!


Quick summarize from all trades taken this week!
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Total trades: 7
Total wins / losses: 6-1 (85.7% winrate)
Well, 4-1 (80% winrate) is more accurate since i took partial profits on 2 on the trades making it look like 4 wins instead of 2.

UsdJpy +2.2% gain
AudCad +0.6% gain
GbpUsd -0% gain

Total: +2.8%

Well that sucks to see.. would have been a solid 7% gain on my UsdJpy trade if i kept it running haha!


Well, i'm officially done for this week guys!


I will see you sunday/monday!

Stay green and have a great weekend!

Soooooo.. i've been quite inactive since friday because of birthdays "me and my older brother", having problem with my ears and just random stuff..



This week i'm more or less sitting on my hands because my broker is messing with the margins because of the elections.

I did manage to get a good trade in today, was a quick in and out, exited because of the margin change in a couple of hours, i do not feel like being stuck with an open trade.

So the trade:

UsdJpy long from the EQ of the daily block, went in with a tight SL, 12 pips, risking 1.5%" managed to grab a good 3.5% off of the move.

I missed a trade setup on AudCad that i marked up, sucks since it was a really nice move, but there's always another trade lurking around the corner so no need to feel left out!



Other pairs i'm watching this week is:
NzdCad
Gold
Swissy
AudUsd


Stay Green and have a great week!

Last week i only took 1 trade (UsdJpy) which ended up a winner! "i only took 20% of the move :/ I need to work more on my exit strategy more."


I did have a couple of signals that i ignored mainly because of the margin changes and well to be honest i was just pleased with my 3.4% gain and enjoyed the rest of the week away from the computer.


What i'm trying to do for myself is to make trading effortless, planning ahead and managing my tendency to overtrade and overleverage. That is my goal with this thread and if i help someone out along the way i'll consider it a bonus!

So far, it's working out great! I did fall into my bad habits once, but i stopped myself and got out of the trade before it got out of hand!



Who knew trading would be this mentally challenging? I have no problems with understanding the markets, seeing price for what it is and what it wants to do.

My achilles heel is me, me ignoring logic and me acting upon emotions.

Good thing is i'm still young, i got plenty of time to learn and make mistakes without it ruining my life.


Have a great weekend everyone and may the pips forever be in your favor!

Hi again, sorry for being MIA!


So to quickly summarize what i've done from my last post is i've taken 3 trades, 1 turned out a loser "UsdCad" long -2%" and i got 2 currently open "NzdCad and AudCad long"

I'm actually hoping for some dollar bullishness now that it closed the small gap, but i'm not invested in dollar atm so i'll just leave it to show me what it wants to do, it'll most likely keep going down .

I'm still sitting on hands on EURO pairs, they took too much from me so still scared of that thing haha!


I'm hovering over AudUsd short, might come in to play today - i will only take it if it moves to the EQ of the block / EQ of the entire candle - will watch price as it pans out, hoping my dollar bullishness will come in and help me out to grab a few pips here!



Other than that, not much going on, my favorite pair "UsdJpy" have not moved much lately, nothing for me to get on.. would love for it to break away now.

Moving my SL on NzdCad to just below weekly low, if it goes down there again my trade idea is invalid anyhow, risk from 1.3% -> 0.8%.

Also moving my SL on AudCad to a few pips below weekly low, same as NzdCad, if it goes back down there my trading idea is invalid. risk from 2% -> 1%.

Currently up 3% on both trades combined.

This is what i see happening to AudCad, always nice trying to project your thoughts, map them out and see it play out!




Even if i lose, i will win! I AM UNSTOPPABLE!


The power to hold on in spite of everything, the power to ENDURE! - this IS the winners quality. The hunger, the ability to face defeat again and again without giving up!

This is a winners quality!

Aaaand i'm out!

Seeing it's a solid 6%+ gain i'll take it and head to the beach with my wifey and doggy instead, wonderful weather outside!

I'll be back in time for the news!


Stay green people!

Just gonna drop this one off!


So this is my equity curve since starting this thread. So far i'm staying out of my problem areas, focusing on just keeping my rules to avoid the big drawdowns on my equity - i'm in it for the long run!


Have a great day people!

Stay green!

So.. i'm abit sad i took off my trade, but hey.. rather have money in the bank.. no way of knowing price would go up with the news.. even though in my opinion, it's all fabricated to move price.. but whatever.. nice seeing my projections came true atleast!

Might look for an exhaustion into OB play on AudUsd if it looks right to me!

Also UsdJpy BUY off the same area i bought last time.




Stay safe and Green pips to you all!