weekend review material.

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

okay, so i tempted fate ... i took the break off a TBL/mirror that closed below 3MA & 6MA & ADX showed a correction was due ... still wasn't too comfortable w/ the oanda spread spike possibility so i took 5 pips on 1/2, 10 pips on 1/4 & price ...

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

weekly results ... goals account: -3.4% (still have some profit, but the rough start on sunday & monday hurt me & not being able to pull the trigger after that compounded the problem) ... despite this small step back, i feel like i am moving forward ...

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

this was probably the last one for the week b/c oanda gives no warning b/f it spikes the spread to 15 pips. (and interestingly enuf, last week closed right around here at 2762 ... so we'll see) break of another continuation IB which created a 3-bar ...

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

uggh, got distracted by chat & missed a continuation straddle IB; ADX just crossed 25 ... entry would have been 61; 10 pips on 1/2; b/e on the remainder.

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

ummm, then, i traded a box TBL/TBH off the 15 min w/o any corresponding PA on the 5 min ... i managed to pull off 10 pips on this one (after price nearly hitting my SL), but the thing is, this trade was not in the play book ... it was a MTF special ...

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

papertrade; rules not followed for setting SL ... turned into a loser. pin bar bouncing off MA's w/ the straddle & ADX on board ... instead of setting the initial SL 2 pips & spread below the bottom the of the pin, i used a straight 20 pips which ...

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

wanted to trade the london close, but i overslept. however, i caught one after that as the market seemed to have a little life left in it. counter-straddle (my set-up B) ... hammer/pin (this is not one that i would consider strong), but the ...

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

make that 8.7% on my papertrade account ... straddle play; BEOB off MA's; bearish momentum; 10 pips on 1/2; rest b/e not an actual 9.7% day (including my goals account, but it happened just the same)

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

i did it!! 10, 20, 30 ... no explanation required. okay, just quickly ... price is traveling short; 3&6MA's cross over the 12MA & both the mid-BB & the 4hr MA & close below it creating PA ... bulls are losing ground & momentum. aside: papertraded ...

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

i think i will take one water-wing off ... gonna try taking 1/2 at 10; 1/4 at 20; & the other quarter at 30 or more ...

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

counter-semi-straddle; BUOB; price closed below the 3MA & the entry would be below both; as price began breaking, the ADX began showing me a correction was due & i jumped in short ... this was a really good trade following my rules to a tee, but for ...

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

quad top that never broke; followed by a quad bottom ... i was definitely waiting for a breakout; didn't like the looks of the ADX so i tried a breakout short on my papertrade ... for a loss ... no worries IB w/ the straddle where it closed beyond ...

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

papertraded this one for a 10 pip loss: short off a BEOB followed by a TBL/mirror; straddle/pullback pretty good, but momentum below 15 & bear strength couldn't pass 20; as i kind of expected when i made the decision to papertrade rather than take ...

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

wow! great tokyo open for me. i feel like im really in the zone. another trade on my goals account. saw a straddle forming; 3MA bounced off the 6MA & a DBHLC formed followed by an IB ... my finger was on the trigger for a break of 57; at the open of ...

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

another papertrade ... took the break of a pin that followed a doji IB that followed a TBL/mirror (which was the corresponding PA following the break of the 4hr MA that i was just in); the ADX had not confirmed at the time so i started this on the ...

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

what do you know ... i saw a 2-bar RP form at the same spot as that pin bar (price ended up testing the other end so that's why it was a loss); however, 3MA traveled inside the bands, price closed beyond both 3MA & 6MA, & the ADX traveled outside of ...

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

4, 10, 30!! beginning straddle, bullish strength/momentum just beginning w/ a break of TBH/mirror on 5 min at 84; coinciding w/ a potential domino MTF special from a TBH/mirror on 15 min (& break of demark); PL/EC followed by IB on 30 min; & PB ...

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

waiting on a MTF special (15, 30, 60 break out at 2798), but no one seems home in oz ... BB squeeze too on the 5 min; might just screw around sideways until tokyo, but we shall see

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

chart of NY close session see above post; after a 2nd look, the bulls are actually losing strength w/ flat momentum so this explains why it faked out on me see above post (bulls start gaining strength & momentum here) cant-pull-the-trigger-itis here ...

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