volume did increase after 815p ... came 2nd place in poker SNG ... shrug.

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

price action .... — ... story [see above quote from philip nel thread] bullish doji; not necessarily tradeable, but provides foreshadowing for PA to come bullish pin/engulfing candle ... a little more suspense ah-HA! reversal pattern created ...

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

gonna experiment w/ my market volume analysis & take a break until 8p & play some poker instead ... good luck to me ...

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

sunday tokyo trades — this is the one i missed b/c i was messing w/ my computer; trading partner did in fact take this one for 20-30 pip gain; pin thru daily resistance & close below it w/ room to run down to the hourly support level; bullish ...

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

computer fiasco — in case i wonder why i missed the opening of tokyo ... groan

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

let the games begin — 1st trade of the week. traded it in my fxdd demo b/c oanda's spreads make trading in my demo account prohibitive until 5pm. traded the ADX crossover w/ EPR after a small bullish correction. not the best trade b/c of the ...

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

tokyo, aussie, & kiwi market hours — directly from their sites ... TOKYO url in PST ... 420pm-7pm; 815pm-10pm; 1130pm-2am AUSSIE url in PST ... 1pm-4pm; 4pm-10pm KIWI url in PST ... 1pm-845pm

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

and this:

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

boy do i need to remember this ...

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

my new favorite thread ...

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

funny how this always happens ... — came across this thread today ... learning thru osmosis? watch this video when i get home from auction. url

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

more evidence the bands put me in a state of confusion.

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

conclusions — i've persuaded myself ... oh goody! relying on the MA's & ADX will not always keep me out of trouble, but when everything aligns, i will have the confidence i need to pull off a nice trade w/o all the guessing & 2nd-guessing that ...

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

in fact, this was a tough little session

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

still learning

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

applying what i have been studying to monday's 1st session: [/LIST]turns out this was a tricky session no matter how you sliced it

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

analysis of a tough market — this was monday's close of NY session leading into aussie. if i got involved in this market using the bands, i think i might have gotten really creamed. here's how it could have played out using plain ole' ...

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

also, analyzing this trade w/ my old-standby set-up; it was clearly not a breakout to the long side for any measurable (profitable) distance ...

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

post-mortem part II — long off a pin bar; worked out for 5 pips despite being against the trend; should have traded the TBH/IB/RP for 20 pips instead long off a bar that i thought was a pin bar; lucked out here too this is one of those "no ...

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

post-mortem — i have been doing my homework this weekend ... ever since the market @#$%-the-bed in the last few weeks, my confidence in my method for trading the daily charts was crushed. in the meantime, waiting for either the market or my ...

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