hi dongsky good to see you posting again regards Phil.

My trading journey

i wonder what this week will bring..... image image regards Phil.

Technical Analysis Fallacy

I did not posted any charts last week due to the fact that I have not traded much, what I want to document/look at closer now is line charts and the swings that can help me find opportunities to trade, The market is run/traded on emotions, learning ...

MY Journal-phil13

very good my friend regards Phil.

Technical Analysis Fallacy

.........maybe??? image regards Phil.

Technical Analysis Fallacy

have a good one yourself my friend. image

MY Journal-phil13

more now on how i use the new tool i explained above, i will be looking at these on monday to see if there are any opportunities to trade. image image image image image

MY Journal-phil13

rescue mode....... out at about breakeven. image image image

MY Journal-phil13

sending in the troops.... image

MY Journal-phil13

entering another scout...... i did not enter any troops on that first run/pump because of the news that was due out i do not gamble and i do not chase a move, now i will be looking to enter some troops here if this turns into a 'rest' and i see more ...

MY Journal-phil13

yesterday i ended up trading the gbp/cad (a counter daily move trade) i do not think i should document that type of trade at this stage in my journal as it should only be attempted after you have collected enough foreign capital through trading with ...

MY Journal-phil13

i can only see three possible opportunities this morning in the gbp/jpy. gbpchf or gbp/cad, there is gbp news this morning (in 2 hours) to be aware of, so i am just going to watch for now and maybe just add a scout or two at most?? or maybe not?? ...

MY Journal-phil13

removed all trades on this pair now, as i said earlier it was only going to be a short term trade, it is near my overnight and i am feeling a bit tired so i am better off out of this trade now. calling it a day now. image

MY Journal-phil13

oops... this one is not look as good now time to kill the scout, its done its job! image

MY Journal-phil13

sending some more troops in at the top of the range. image scouting the trade that got stopped earlier..... image

MY Journal-phil13

as i trade my charts pretty much 'naked' i thought i would document what i see but do not draw, the lines make the charts confusing for me. this is an orderly market price structure in my view. image

MY Journal-phil13

another trade..... i do not intend to hold this for long, first sign of buyers or it gets to my overnight and i am out. image image image

MY Journal-phil13

stopped out on the two trades now, i am going to remove the scout as well but keep an eye on what this does still. image

MY Journal-phil13

we have moved down quite a bit now, so i have move stops to break even on both the bigger trades just leaving the scout exposed. see you in the morning now... image

MY Journal-phil13

news on this later during my overnight, so i have two choices, remove a trade or use a stop, i am using a stop for one of the three trades. image

MY Journal-phil13