EU has had a bit of a dance in the last day or so and still doing it's best imo to convince and encourage traders to long. I took that retrace opportunity to add a 3rd short position as seen in image. Patience as always is the key, when, as ...

Trading Journal (only my take)

EU has reacted as expected, and both my short po's have now triggered. Now it remains to be seen whether the market has indeed fooled traders enough into going long, and if so as I suspect, then we can expect a further small rise before a ...

Trading Journal (only my take)

The term range bound is used often but it's relative term depending to some degree on the t/f used and the size of the range being shown, because after all, a range can be any size that a poster chooses to depict on a chart from purely a pictorial ...

Trading Journal (only my take)

Both Gold and EChf po's appear to have left without me, and are now cancelled, so no gain or loss, and these are 2 good examples of looking for best price at the risk of a 'no trigger' pending order, and this occurs about half of the time in my ...

Trading Journal (only my take)

Probably be a while before my po's trigger. A fair likelihood of a period of consolidation for a few days I think. EChf on my radar for a long pending order. Chart attached with my po levels, initial stops and tp's, which will likely change as part ...

Trading Journal (only my take)

As said, I will post just 1 instrument rather than the several that currently interest me. Gold chart attached with relevant levels that fit my criteria for short pending orders. The average trader which includes myself and everyone else, simply ...

Trading Journal (only my take)

NU TP1 hit for a healthy profit. PO2 now cancelled as stated before. A number of other instruments look interesting to me right now. I'll probably post a PO as normal later on against just one of my selected pairs for those interested in trade ...

Trading Journal (only my take)

NU PO1 triggered and stop adjusted to make trade safe. PO2 not triggered and will cancel this position if TP1 on PO1 is hit. image

Trading Journal (only my take)

UJ trade stopped out...there was no stopping the upward trajectory for now. NU sell po's in place. There's no telling how markets will react in these challenging turbulent times, but I stick to my simple approach nonetheless which has proved a ...

Trading Journal (only my take)

UJ POs in place based on nothing more than vey simple MA @ price div (MAD). Some trigger in good time, some don't. Some lose, some don't. Being ahead long term remember is the only objective image

Trading Journal (only my take)

The objective of trading is of course to be profitable in the long term, everyone knows that. That's easy part of that statement. Creating a well thought out plan to achieve the objective is crucial to any trader. A well thought out plan can take ...

Trading Journal (only my take)

More threads posting idiotic oscillator indicators I notice. When will these muppets learn that the price chart itself is the indicator, oscillators are nothing more than a cheap second hand representation of what can already be seen in the main ...

Trading Journal (only my take)

Both GJ positions triggered and stopped out, and 1 position on ECHF 3 trades currently left triggered and in play. AJ pending buy orders image

Trading Journal (only my take)

The ongoing conflict is obviously terrible for all those directly involved out there. Indirectly we all feel the pinch. Normal trading conditions that we were all accustomed to only 3 weeks back have been blown away. Every hour has become a high ...

Trading Journal (only my take)

EU pending sell orders image

Trading Journal (only my take)

Some retracement appears to be going on with a few pairs today.....but we all know of course that appearances are designed to deceive! ECHF pending sell orders image

Trading Journal (only my take)

Market direction appears to look pretty obvious in most pairs, and I don't think any particular TA is necessary. Decide on a retracement level for entry and follow the recent/current direction. The only concern is that it is too obvious, which may ...

Trading Journal (only my take)

GU & Gold triggered, all stopped out. The extreme and unrelenting market movements have been challenging this week, which is not all that surprising given the chaotic state of the world at present. Will any kind of normality return....probably, but ...

Trading Journal (only my take)

NU both orders stopped out -40 x 2

Trading Journal (only my take)

Gold pending sell orders image

Trading Journal (only my take)