Me, myself and I

Last update for the week, i feel done to be honest! Market is a mess in my eyes, nothing super clear so sit on hands it is!


I did take the short AudUsd and long UsdJpy but i quickly closed them because i got too emotionally invested for some reason, maybe because of the news.. idk.. All i can say is i missed out on alot of money because of taking them off haha!

But whatever!

I ended up breakeven overall on the trades for the day because of this.



If my alarms does not trigger i'm not looking at the charts again for the rest of this week!

Going to post results for the week in an hour when i get back home!



So stay green people, have a wonderful weekend!

So i keep cutting myself short on all my positions, mostly because of the fear of losing what i've already gained. "i still make money, but not nearly as much as i should be making"



All my trades except the UsdCad (which was my loss) this week would have hit my 1st TP and been massive winners if i just let them all run their course but i don't.

If anyone who is reading this got any experience on this and can give me some directions, would greatly appreciate it!


Here's this weeks results!



Just roughly counting, this week would have been a ~25% week if i let them all run their course and let them hit my TP, instead i end up with 3.6% haha

I guess profit is profit, as long as i'm green i'm happy !


Bonus picture - my "stats" since starting this thread.




Have a great weekend people! Stay green and i'll see you next week!

"Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength." ~ Arnold Schwarzenegger

Hi timnyman94,

Am a new member here on forexfactory,read through your thread and found it interesting and shows commitment.am here because i want to improve on my trading also.i've learnt to trade based on price action and its beginning to work out fine for my trading.

so i think u'll be able to let your profits run till TP if u check ur charts less often.u can check ur charts as many times as u want before placing ur trades but once u place them u'll have to give them time to play out.factor everything together b4 the trade and then let it run.

I hope my contribution helps,

Thank you.

True, hard to let go of the control issues i got haha i know i can't control price but i can control when or where to take profits..

Gonna give your advice a go with my next trades "if they come into play!


Looking at AudUsd and AudCad longs

Also saw this - might come in to play.. got a bit to go.. alarms set tho!

UsdJpy short off of daily OB

SL is in, my first target is set where i will take 80% off there and let the rest run for my second target.

Anyone else see the buy model in play?

So they are at a perfect place to short "for me" but idk.. i will paper trade only.. i'm still in on my AudCad trade, going good so far +1%

Swissy short at - 0,97600 Sl 0.98000
UsdJpy short at - 110.600 Sl 110.810

This is what i see - The boxes are accumulation, once it breaks this last box which happens to be 50% of the move from the far left to the lowest low, it will gun to take out the left one out and then proceed to make a higher high without much interuptions.

It's going up up up lets see it shoot for the stars! +2%

Just took a UsdJpy short, right off the EQ of the daily block, risking 1.5% aiming for ~ 6-7% gain if all goes as planned.. might take some off along the way.


Still long on AudCad, it retraced back into the accumulation area, expecting a rally now during asia/london open.

I will close all trades if they have not hit TP at the end of NY tomorrow.

Just noticed, my AudUsd trade missed the entry with ~ 2pips


Sad times

I'm a retard.. as always..

To tight of a stop on UsdJpy took me out during the spike up, would have been a 2% gain atm if i would have planned my trade better..

When i woke up this morning, seeing i lost on UsdJpy, i have no idea why but i took my AudCad trade off with a 0.2% profit "lol".. and now looking at the charts, seeing it would have hit my 1st TP already for a nice 5% gain.. i keep doing this and i have no idea what i should do to stop it.. I really need to fix this issue, i've cut myself short on every single trade i've taken since i started this thread.. i would have earned maybe 3-4x as much money as i have now.. sure it's not a sprint, it's a marathon.. there will always be another trade.. BUT F*CK ME!!

Anyone got any tips on this..? just leaving them to run their course yeah sure.. but i got too much of a control issue to do that.. so..?

So.. i'm going to be crying myself to sleep tonight.. just calculated how much i've missed this week because of not being able to controll my emotions properly..


But whatever.. new opportunities next week, gonna be better prepared by then!


This week started out good managed to grab 6% before messing shit up and closing trades too early etc making my losses eat some of the profits sadly.


Ending the week in green atleast, 2.3% to be exact.


Did a quick spreadsheet and calculated with a 3% avg. each week, compounded for the rest of the year should give me 2x my money atleast and almost 5x my money next year.. hmm.. lets make it happen!


Stay green people, see you next week!

So.. a new week! lets make it count!

I found 2 trades today "i usually do not trade mondays but what the hell.. lets give it a try!"

Swissy short and UsdJpy short


Both from exhaustion and previous return to an OB / support turning resistance.


What's a little bit special about this one trade is that i'm trying to be abit more aggresive with it so i'm risking 1% with a 6 pip SL on Swissy.


It moved away 1R already, so moved my SL to BE.

Soo.. have not been too active this week on this thread, sorry for that!

The thing i realised this week though is that scaling into position really is not my thing - feels more comfortable just finding a entry and going all in.

This week went ok i guess, it could have gone alot better though!

I missed 2 trades that i mapped out but missed because i was away from the computer, both would have given me really good return but whatever - i'm still in the green! No need to feel down about that, there's always another trade around the corner!

A bit higher drawdown than usual (5.9%), also took a bigger % loss trade (3.7%), seeing my max should be at 3%!

All 3 losses occoured during monday hmm.. maybe should avoid mondays!



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So, next week i'm back to posting all my trades again!



Results for this week is as following:


6 wins, 3 losses
4% gain

Total stats posted below.


Stay Green and have a great weekend people!


Ending it with one of my favorite quotes!

"People are rewarded in public for what they practised for years in private" - Tony Robbins

HI there i couldnt help but notice you were looking to improve your psychology, im of the same mind,
i came across this guy who blogs everything about psychology in trading, check it out https://www.tradersreality.com/

Trade well

Iscalp

So, as my trading week usually starts on tuesdays, i'm happy to say that i'm already done for the week.

Shorted EurUsd at the EQ of the daily OB with 1% risk, tight stop.

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Other than that i took GbpUsd short but i collapsed the trade because i did not feel it.


So that's me, done for the week! haha There's no need to chase after riches, rather just take it slow, steady and just keeping it controlled. The money will come eventually. "even if i can easily live off of this atm. nothing is taken out until i reach the 1 million $"



My weekly graph since starting this thread and profit this week shown in pictures.


Stay green people! have a great week!

So.. I just got a new job "yey.. haha" because of that i won't have much time this week to trade so i'm setting up some trades based only on the Daily TF, i'm still aiming for my 3% minimum!

I got a total of 8% risk on all 5 trades.

All trades are based on Daily OBs - all of them taken from the EQ of theblock.


Let's see how this week goes!


Green pips to you all!