Frustrating is not the word here... Looked to be a really good set up and closed about 8 minutes later to full loss. Oh well, on to the next trade.

PABO Live

USDCAD sell has been triggered. Setup 1 was perfect Setup2 looked very good too, some clear waves and new lower low. let's see how this one plays out. Also, worth noting that i set my lot sizes based on the EURUSD, and use it for all currencies. So ...

PABO Live

EURUSD sell was triggered. Just touched the entry price, and then reveresed pretty much immediately to stop out the trade. I thought the setup was pretty good and a lot of downward pressure, but not to be on this one.

PABO Live

Moved to 50% profit, so i moved my BE point. In the next candle after about 30 seconds, stop got taken out for a BE trade. Profit of exactly 0! Thoughts on this trade: 1) GBPUSD is very temperamental. Really important to follow the trade very ...

PABO Live

So, we just had a bit of a retrace for GBPUSD, Pending order placed. Setup 1: A bit choppy, but clear highs and lows, so I feel ok with this set up. Setup 2: everything seems to be in place. Trade has been triggered, so we are in the trade. Ideally ...

PABO Live

Bit of a frustrating week so far, no set ups that have been worthwhile taking as of yet. There was one set up on the GBPUSD yesterday, but it was so choppy that i elected to stay away. it was one of those 50/50 type trades that could go either way. ...

PABO Live

I get what the OP is trying to say. Becoming completely devoid of emotion in daily life is pretty unobtainable without being severely neuro-Atypical. As someone else stated, confidence is what is required, but you can have confidence and still be ...

How to Become Emotionless

Waiting on another USDCAD trade to trigger. Set up1 is very good Set up2 is perfect. even better my TP is someway below the overall structure high and very little in between Trade cancelled, as price moved away from my entry zone

PABO Live

USDCAD stopped out at break even. A little bit disappointing, as it was bouncing around this area for a while, and then it shot up to full take profit. Take away's from this trade: 1) check your trades before firing them off... 1 lot... That could ...

PABO Live

The trade set up is good, so re entered with the correct lot size this time on a pull back! phew!

PABO Live

Yeah, Stuff that.It went into profit, I took it! 1.5 profit It was a mistake around the lot size, and thinking about it, I am more than happy to take a small profit than a big loss...

PABO Live

Damn it. Order opened up on the USDCAD. Instead of my lot size being 0.05 as it should be... Managed to open up with 1 standard lot. Super. The question was, do I close for an immediate loss of $15, or let it run as usual? I have opted to let it ...

PABO Live

The EURUSD trade was cancelled, as price moved away from my take trade area. Nothing on the radar yet for today, and I am out tomorrow, so this will be my last trading day this week.

PABO Live

So, the EURUSD trade above would have been a BE, but the news event had it crashing down, so all good... I do have my first trade pending thourhg on the EURUSD. Setup1 is good, and Setup2 was good when i put the pending trade on... may be a bit of a ...

PABO Live

Playing football requires no skill. it is just kicking a ball about. Or, is it a case that the people who train hardest, have the desire and maybe an element of natural ability make it. 2009 Telegraph article stated 90% of footballers in the top ...

No skill in trading!

First nearly trade of the day - EURUSD. Set up 1 is good. Set up 2 however... not ideal. I am 50/50 to take it. One of the major issues is that it is coming into some major resistance. The idea of the strategy however is following the trend and ...

PABO Live

I should also add that I am not concerned with the amount of pips I make. The ONLY reference for success/failure here is the amount of money I make. Pip counting is great for people who are not bothered about cash. That is the MAIN goal here, is to ...

PABO Live

A little more about the system I am using. As far as I am aware, it is not a common trading strategy. There are lots of other strategies that have something in common with this - after all it is based on price action (sort of) but I would say it has ...

PABO Live

Right! FINALLY back in business. My TE is now set up (Again, Again). Really annoyingly I had massive issues with the broker in Australia, but thankfully have now settled upon what I hope is my LAST broker set up. Major issues with just getting my ...

PABO Live

What has leverage got to do with managing risk? Leverage ONLY gives you the ability to open bigger lots, or more trades. You say 1;10 to 1:100 depending on risk management? Well, how does risk management come into play with leverage, unless you want ...

What leverage is best for a newbie?