got a little cocky after the 1st 3 trades: after price tested yesterday's low & formed a double bottom that could not be breached by the bearish outside bar, which was also not breached, and then formed a double bottom that closed higher than the ...

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

i haven't found any decent set-ups in the EURUSD since last week, but price has been ranging in some pretty predicatable decided to get back to basics for a few trades just using price action pattern & simple peaks & valleys to determine the trend ...

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

also reduced my risk in half on the USDJPY, EURJPY weekly trades as they closed the day in the black ... no need to give all of it back ... & more especially when im 60 pips from the 1st target on the USDJPY.

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

scratched the EURGBP as i just noticed it took that short against a very obvious long trend ...

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

some weeklies — placed some more orders off weekly set-ups (none of last week's triggered): EURUSD, EURGBP, USDCHF, EURCHF, USDJPY, EURJPY, CHFJPY. entered the EURCHF market at 5319 ... took 1/2 position off at 5202; TSL is now moved to break ...

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

took the short at 84 ... i could have (should have entered at 71, which would have been the break of the low after the price couldn't make a higher/high, but did make a lower/low followed by a lower/high & another lower/high ... i took 1/2 position ...

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

oanda strikes again — i am officially rating them as an untradeable broker ... bf & his rainbow group been saying this for months, but we have pressed on out of necessity. just finished entering off a pullback; trade progressed along nicely & ...

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

took the long off the break of the triple top since a new straddle had formed; unfortunately, i still haven't settled on an exit strategy (either the SL or potential targets) ... i trailed my stop using the 2-bar method, but was taken out. after ...

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

really nice price action here ... straddle play; price cant make a new high & forms a hammer; doji pin followed by bearish outside bar; then double inny; it then forms another lower high & price finally breaks the bearish outside bar (which is also ...

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

here's my journal for today: i can't figure out what to say ... maybe there were no set-ups good enuf to take or maybe i was too afraid to trade anything. i did take a very small loss on my goals account (my mistake b/c i should have passed on a ...

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

lots more revelations today! IB at pullback from 1hrMA during straddle w/ ADX inside momentum zone (was on the phone when i saw this & didn't want to risk being distracted & screwing up entry/exit, etc.) THIS ONE OF THOSE TRADES I NEED TO IMPLANT IN ...

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

well, i sure exercised a lot of patience & discipline after missing those trades earlier this morning. sure as day for the last couple weeks, NY closing (noon to 1pm) was a crowd pleaser. MTF special here again ... IB's on 30min & 60min; BUOB on 15 ...

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

papertraded this MTF special, but in hindsight was a very tradeable set-up: 30 min pin bar north; 15 min IB break in similar area; 5 min mirror pattern, the break of which was beyond 3000; good price movement put me beyond all the MAs (which i guess ...

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

half asleep i guess ... missed 2 really good set-ups. 1st on was MTF special: 1hr pin bar, 30 min IB/triple bottom, hammer-type pin on 15 min (that was preceded by doji reversal type pin), double bottom on 5 min -- where the break would have to test ...

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

caught the 1st one off the pullback ... good for 9 pips on 3/4's position; stopped out at break even on the balance. missed the 2nd one ... but once price closed beyond the 1hr MA & formed a TBL corresponding w/ the ADX crossover/EPR, i was in (3rd ...

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

finally pulled the trigger on my goals account ... what a relief! set-up is obvious. 9.5 pips on 3/4 lots; 20 on the balance ... 1.2% daily goal is met ... woohoo ...

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

here's a great set-up i missed b/c i figured the market wouldn't start moving until tokyo open at 4pm ... by the time i came back, price had already traveled well past any chance i had to enter (unless of course i wanted to started chasing it again ...

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

turkey sandwich ... w/ mayo!

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

final trades during london close/NY 7a-9a session. none taken on goals account, but did make 1.5% on the papertrade account. 1st one was really good; 10 pips on 3/4 lots & b/e on the balance 2nd one i should have waited for the pullback (the pin bar ...

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

caught this perfect set-up ... moved my SL to break even at 10 pips thinking it was going to 20 (which it did & more!) ... unfortunately, oanda spiked down 10 pips & took me out b/f proceeding upward & onward ... the 10 pip SL was an adjustment i ...

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