interesting. adding an MA might decrease my edge.

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

i hate to say it, but in reviewing the same moves from prior weeks on the 15 minute chart, i might have more of an edge trading w/ the 4hr trend from PA on that chart ... fewer losses, about the same for scratches, but overall the results would be ...

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

here's my weekly post-mortem: i took 17 trades plus 10 (re the re-program the ole' subconscious experiment): of the 17, i stuck to the rules 10 out of the 17 times -- my weekly net would be 1% gain instead of the 4.7% loss including the 2% net loss ...

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

im ending the week w/ a net 6% gain for the s/r trading. was up as much as 10%, but due to me not having written rules, i was lacking consistency w/ them. weekend homework is to type up the rules.

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

#10 ... scratch ... going to take more than 10 to create a habit ... plus i need to do the same thing w/ my pull-the-trigger-itis thing too it seems. i was a bit too eager to trail my stop to b/e when price barely got to 1:1 on the 1st try. ...

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

#9 is in the works. i almost had one of those involuntary actions where some mysterious force moves my hand toward the mouse to manually close it ... but i stopped myself in time! pullback trade. not going so great at the present, and looks like ...

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

oh ya. i took a little SH trade from 2660, but the market is sideways ... when (HA! i said when) i go back to live trading (when i feel confident i wont blow up another one) ... i think my trading plan needs to include a friday exclusion.

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

#8. 0.8% loss. did not expect anything different, but i am 2 steps closer to de-programming ... re-programming? my mind ... for emotion-free trading (at least, that was the idea) hehehehe ... EX---cellent. basically, break of TL into a swamp. swell, ...

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

#7 was a good one. 2:1 on the money. 1.7% net gain. oh ya. i followed my rules. (for better or worse ... )

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

missed one while chatting w/ my niece. SH at 20 or 15 ... already hit 1st target. will track for data-mining purposes i suppose.

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

related to where s/r levels are?

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

apparently, someone in asia was not interested in holding dollars below 2550-ish overnight.

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

beta test only. 20 entry better than 15. 20 exit better than 15 ...

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

0.8% on a little SH trade. kind of crazy how it all came together. got in a little late due to the spikey stuff ... could have been at the 20 instead of the 15. guess i'll have whatever fun im gonna have tonite since there will be no trading ...

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

#6 done. loss. good. 4 more to go. yes, apparently the NFP is kicking my ass ... i never listen ...

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

just what the doctor ordered.

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

#5 ... p/b ... i almost hit the sell button when the price shot up ... the spooky thing was it was kind of like some involuntary twitch and i almost had to pull my hand back w/ the other ...

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

i used to believe it took 21 repetitions to learn a new habit ... recently i heard it might be as low as 10 ... im on #4 when it comes to following my rules in a "disciplined" way (no emotional decisions interfering) ... 6 more to go? at least then ...

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

well, i hate to say it, but it seems the market has drunk the NFP kool-aid. sheesh!! so, my goal will be to continue trading w/in my rules solely for the purpose of training myself t/b D.I.S.C.I.P.L.I.N.E.D (i.e., no emotion, just (1) spot & confirm ...

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