SUNDAY SET-UP, EURGBP

go live or bust ... diary of an fx live-trader-wannabe

CHART NO. 5 (H1)

go live or bust ... diary of an fx live-trader-wannabe

CHART NO. 4 (5M)

go live or bust ... diary of an fx live-trader-wannabe

CHART NO. 3 (15M)

go live or bust ... diary of an fx live-trader-wannabe

CHART NO. 2 (H1)

go live or bust ... diary of an fx live-trader-wannabe

CHART NO. 1 (DAILY)

go live or bust ... diary of an fx live-trader-wannabe

thank you for stopping by. ru sure about your opinion? cuz last week --- my head was not screwed on very tightly. ... can you write me an EA for that? anyway, it definitely it is that. after 3 years & much trial and error from trading daily ...

go live or bust ... diary of an fx live-trader-wannabe

how about this for irony ... i scan thru hourly charts & find a bunch of pairs that are at key levels of support/resistance ... i dont screw w/ trying to enter at some optimal level ... simply hit buy/sell based on the feel i got from looking at the ...

go live or bust ... diary of an fx live-trader-wannabe

took 2 trades during the NY session today. one for loss, one for gain. b/e. not my trading hours so rule break. so, the net result of all this madness was 2.4% gain instead of the 3.3% hit i took to the 4.9% net i had accumulated by monday on my ...

go live or bust ... diary of an fx live-trader-wannabe

1st things first: all of the trades taken, except for 418F & 418G (if memory serves me correctly) were all taken off a completely different template than the one that has served me so well prior to this latest disaster ... i.e., i altered my ...

go live or bust ... diary of an fx live-trader-wannabe

oh god ... i had no idea how bad it really was ... (it's a wonder i haven't blown up more than 3 live accounts ...) there's 2 more from today (see 418F & 418G from written journal) ... time to soak my head now ... ready to tackle the final chart ... ...

go live or bust ... diary of an fx live-trader-wannabe

today's lesson ... humility ... (9) not my trading hours ... no clue how i managed to get lucky on this one (10) squeezed 6 pips out of this buy; nothing too terribly wrong here; dont particularly care for those doji/IB's, but i cant say i wouldn't ...

go live or bust ... diary of an fx live-trader-wannabe

seems i was able to stop some of the bleeding here ... hahaha, probably cuz i wasn't at my computer!! 7. see above 8. not a sell. foolishness

go live or bust ... diary of an fx live-trader-wannabe

screen shots from all the trades i took when the wheels started falling off (thank god this was my papertrade account & not my goals account) ... painful, but im going to do it anyway cuz otherwise, i'll lose the record since oanda only allows ...

go live or bust ... diary of an fx live-trader-wannabe

i think i mentioned that my bf trades tick/seconds & when a friend of mine (who trades 5 min stuff too) & myself told him that when we were up 10 pips we moved our stops to b/e trying for more ... & how many times those 10 pips turned to b/e trades ...

go live or bust ... diary of an fx live-trader-wannabe

also, philip nel is a smart guy. i mean why would he say move stop to b/e at 6 and take your money at 10 pips? really ... am i so arrogant to think he just plucked this from air? doubtful ... HA!! as i typed this i "plucked" 10 pips from the market ...

go live or bust ... diary of an fx live-trader-wannabe

thanks for stopping by. see you have taken some really good trades lately. funny that you and i would do the same thing ... i spend about 2-3 hours going over my trades meticulously & the week in general in almost the identical way. the one thing i ...

go live or bust ... diary of an fx live-trader-wannabe

oh ya, and the other little special thing that i did, which i never do was to MOVE MY STOP LOSS FURTHER AWAY!!!! lunacy.

go live or bust ... diary of an fx live-trader-wannabe

boy did i totally f--- up today ... who knows what demons lurked while i slept, but i got up & failed to pull the trigger on a great trade, then proceeded to trade impulsively by taking one trade into a dead market and then another during a dead ...

go live or bust ... diary of an fx live-trader-wannabe

zero trades taken today on my goals account. took a bunch of slop as papertrades only & that proved to be wise overall. could have taken 2 pullbacks that would have netted me 1.7%, but i was caught up in the mess of the market i was dealing w/ so i ...

go live or bust ... diary of an fx live-trader-wannabe