Friday today. I think I showed discipline in not taking any more trades this week. Reflecting back on my 2 losing trades this week in hindsight I went against the trend. My emotions intervened at a time when even though my direction was wrong I ...

My Trading Journey thus Far

Well lucky I didn't convince myself into that last post's move. The kiwi and aussie just took off like rockets. I'd be further in the red. The trend is your friend is the moral I need to adhere to. Very hard for a contrarian thinker like myself. I ...

My Trading Journey thus Far

OK I'm a sucker for punishment. I like this setup on the Kiwi. An hourly chart. It looks like a little head and shoulders. It needs to retest the 7150 zone to create the right shoulder and you can see the take profit line. I think Target 2,3,4 ...

My Trading Journey thus Far

" EMOTIONS ARE KILLING MY TRADING " A new day a fresh mind, maybe not... So I awoke to see that my self sabotaged trade is actually doing ok. The aussie is a little in profit and the kiwi about 50 pips in profit. It matters not as I cut them on the ...

My Trading Journey thus Far

It seems everybody has abandoned this pair. It keeps stitching me up. About to make a new high and slice through the 8850 stops and why wouldn't it?

AUD/USD

I think the markets are being severely manipulated actually. All are waiting for these Euro stress test results, everyone wants to crash the markets. Hence as all are in short it provides great liquidity to the big money movers to go long and clean ...

My Trading Journey thus Far

I killed this trade too for the same reasons as the aussie. Again could have nursed back to a small profit but I'm a lousy trader. The weekly shows a decending channel which it broke to the upside last week but closed back down. Now it looks like re ...

My Trading Journey thus Far

Another dumb trade gone wrong. I've killed the trades. The way the daily closed on the aussie suggests to me its going to make a new high. On closer inspection after deleting my invalid lines scribbled all over my chart the aussie is in a pattern. ...

My Trading Journey thus Far

Hmmm I wake up this morning to see the closed candles and its not good. The Kiwi trade triggered with a massive bull bar 130 pip day exceeding the 12 period ATR of 92. Not good for my shorts. The aussie even worse almost 200 pips daily exceeding the ...

My Trading Journey thus Far

OMG I'm in the trade. Panic, fear.... Ok so some bullish RBA minutes gave the bulls some joy and off she went, I suspected as much. Now this happened last week, some good news got the aussie going but was unable to hold any gains. All last ...

My Trading Journey thus Far

Checking my trade set up this morning and still neither trade has triggered. The Aussie closed with a bullish candle but closed under another resistance line on my chart at 8700. My pending order is 8760, 70 pips away at the moment. My order is just ...

My Trading Journey thus Far

While I’m waiting for my trade to happen or not I’ll get back to my story. So armed with a Go Markets account and some success at trading I thought I should re load some more funds and give it another shot. I was still deciding in which broker to ...

My Trading Journey thus Far

Nice work. As long as you stick to your plan win or lose is the main thing. That's what I keep telling myself even though it's extremely difficult to adhere to.

My trading journal

Well that's interesting, both my trades took off from the open so my thinking is in the right direction. Problem is they forgot to pick me up on the way out. Even worse is the kiwi got to my exit point obviously without retesting my entry point, ...

My Trading Journey thus Far

OK I'll continue with my Journey a little later. I have put pending orders on these 2 setups. Screen dump shows the setup. The trades conform to my trading plan which I'll post later as well. My current broker is IG Markets. I chose them for a host ...

My Trading Journey thus Far

Another setup I like for the kiwi. I like these setups. They may be considered counter trend but they are short term reversals in my book. A spinning top on thursday, a nice reversal bar on Friday cutting through the trendline and an important ...

My Trading Journey thus Far

Now if only I was a complete trader with confidence I could carry out my thinking with no fear or remorse. With my life being so busy with the baby it's hard to focus on Intra day setups which I like as I enter and exit like a jack rabbit . As you ...

My Trading Journey thus Far

I think I skipped through a few bits before I dumped my broker. Firstly it was back to demo mode again. Again I was doing OK. I wanted to complete a full month this time with regular weekly profits. I accomplished this quite easily. All I did was ...

My Trading Journey thus Far

Hi Jillsaab, Thanks for your reply. I don't want to harp too much on this particular broker but yes I too was experiencing crashes while trying to close down trades. Some weird error messages too. Ironically I never blew any demo account. I was ...

My Trading Journey thus Far