long off a pin/hammer followed by an IB; MTF consensus w/ pin forming in 15 min & 30 min & bullish price action 30 & 60 ... was running up into the hourly/4hr MA's so grabbed 5 pips & got out of dodge.

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

missed this one — i actually like these little pin bars/stars that occur at the top or bottom of the BB's like this; then even tho i don't trade engulfing patterns, this one confirmed the prior pin's story price was about to drop, there was ...

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

good trade, but ... — poorly executed ... saw a pin/hammer (also bullish engulfing) bouncing off hourly & b4hr MA & closed above them; i missed the initial break, but i decided to jump in late ... instead of waiting for the retrace (im such a ...

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

MTF special — totally missed this one, but is a great sample of a MTF trade that proved t/b good for 20+ pips (or in my case, at least 10 pips) ... 5 min: PL foreshadows bulls might take over; then TBH forms signaling a continuation of that ...

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

daily goal — if my daily goal is 5% (for now) ... i must reach 1083 ... then, the author of emotion-free trading suggests paper-trading for the remainder of the session(s). i think i might also add a weekly goal of 20% (1200 -- since i had to ...

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

2 trades in the chop — played a short (against divergence ... b/c i didn't take enuf time to figure out price action was a divergence play) off the break of the mirror; quick 5 pips ... nothing to be proud of here except that i had the good ...

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

some observations: strong trend when hourly & 4hr straddle mid-bb TBH/TBL are also referred to as "mirror" patterns & traded in a similar way to double inside bars (trade off the break of the high/low of the 1st IB) when bears/bulls (DM-/DM+) ...

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

p.s. let my winners run ... cut my losses ... if i've decided to enter the market & have a 10-20 pip goal ... then follow through!! when i follow my rules & have confidence in my trade, i wont have to worry so much about taking a loss. fear of ...

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

last trade — break of double low right (these are proving t/b really fruitful) after rollover/crosses of all 3 MA's & bounce of mid-bb (also turns out there was a bearish outside bar in the 15 minute that was resting against demark supply line ...

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

took an MTF special ... ADX/EPR & dbl bottom on the 5 min; already short in the 15 min off pin & demark break of supply line; just began short in 30 min w/ SAR shifted short & off a doji-pin ... waiting to line up w/ a break off an hourly IB the ...

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

took a short of an IB ... why? b/c it broke short 1st. totally stupid & against my rules & plan ... it was in no-man-freaking land for godsakes & i'd already decided to see if price could run up and test the 4hr MA/3200 level ... got 5 pips ... will ...

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

ADX crossover/EPR played a crossover after price fell thru all MA's off an RP/IB (that i probably should have played just based on the pure strength of the signal); 12 pips on 1/2 & 17 on the other half. double bottom/continuation play also, just ...

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

divergence plays — i started out great after my break: short off double IB; 5 pips short off star; bailed at b/e when it stalled at support short off double bottom; 5 pips long off double top; 5 pips short off DCC;p 5 pips short off pin bar ...

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

traded the break off support at 3007 for 50 pips. took this in my daily trading sub-account & w/ smaller lots so will not count against my 5 min scalping sub-account. waited & waited & patiently too for this break out of the bollinger band squeeze. ...

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

funny ... — my AUDNZD j16 trade from week's ago, just turned the corner ...

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

[i use 48EMA, but there is very little difference to the 50SMA in terms of warning #3]

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

another loss — traded a break off support, which entry actually was a little too soon; when price started to break down i noticed the ADX was crossing; instead of jumping in at that point, i should have waited for the bar to close & trade it ...

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

some gems that i need to review daily — [this has been modified (by me) from the original poster's post; see original post for missing points]

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

distractions ... cause missed trades &/or losses: the chart shows a bullish outside bar that i missed that was at divergence (happened t/b the correction after price dropped on the news release). then, i took an RP/IB pattern short after that trade ...

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

gonna finish of by papertrading my last trade using forward-testing this strategy & see where it takes me. taking 10 off would have put me at 0.67% gain on that 1st half; entry 2857; 1st TSL to 2875; 2nd TSL to 2868; 3rd TSL to 2856 (bullish pin ...

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