My trade setup which was to be a NZDCHF buy has been invalidated. On the open the pair gapped down some 60 pips. My trading rules won't allow for a buy on a gap down. My rules also stipulate not to watch intra day price action as it emotionally ...

My Trading Journey thus Far

Both trades were filled during Friday's amazing price action. A horrific Earthquake to Japan caused Risk off at first and then a Tsunami Rally ?? Doesn't make sense.... My thinking was all retailers jumped in short and the few big players involved ...

My Trading Journey thus Far

So I wasn't going to include these trades as the setups although valid were not the best and money management wasn't taken into consideration. I have since changed my stops and Tgts to make the RR 1:1 or better and fit within my trading plan. A bit ...

My Trading Journey thus Far

Hi Ken, Thanks for your support. Well today is Friday morning in the land of OZ. I have identified 2 new setups. A buy in USD/CAD and a buy in NZD/CAD. USDCAD has completed a ABCD pattern on the Daily and NZDCAD has completed a Butterfly on the ...

My Trading Journey thus Far

Hi Ken, Thanks for your reply. Your correct in all the above. It's all so easy to lose your sight and get caught up in all the other stuff. It's all about probability and having an edge, so here I am again trying to validate my edge. I don't have a ...

My Trading Journey thus Far

Hey All, Well almost 6 months have passed since my last journal entry. Why so long ? Well I gave up on the forums and and completed a 3 month PRO-TRADER boot camp with Jason in the live trading room. I also purchased and viewed DR Barry Burns " Top ...

My Trading Journey thus Far

Hey all... Remember 95% lose.( me included) I've just read through the last 10 pages or so and everybody is in short, so what's likely to happen Monday morning ? Price is in an uptrend. It found support and bounced off the 200SMA on the hourly on ...

EURUSD

A quick update of where I'm at. I'm currently enrolled in Jason's 4xTraderslive bootcamp trial. I have also enrolled into his full time course beginning Oct4. In the meantime I again went against all my rationale and shorted the AUD only to lose ...

My Trading Journey thus Far

Hi Sec, Thanks for your feedback. That's just my micro account at 10c per lot. I trade with stops so no drama of that happening but yes money management is another thing I need to work on.

My Trading Journey thus Far

My crystal ball says one more thrust up for a new high. Now 1.3150 is MR1 and WR3 pivots. So can't be much fuel left in the tank. DR2 is the obvious target at 1.3198 since DR1 has been hit but that would be exceeding ATR so my guess as a top for ...

EURUSD

OK well I feel pretty much done with what I'm doing with my trading. Tuesday night I think I hit rock bottom with my trading. I'm watching Jason's(4xTL) bootcamp free 2 week trial. Fantastic stuff. I really need a thorough education as I'm just ...

My Trading Journey thus Far

Hi Sec, could you please elaborate on that?

My Trading Journey thus Far

A terrible start to another week. Just tried to short E/U while it was beginning its rally. $-36. And yesterday's trade went down the proverbial sh#t hole too !! I feel as though I'm almost in crisis mode. Not on the account but I've totally lost my ...

My Trading Journey thus Far

I'm going to play around with day trading on my micro account today. SELL 4 micro AUD/USD @ 9304 stop 9330. TP 9270. Fill the gap on MT4

My Trading Journey thus Far

Monday midday and I see a massive short squeeze on Euro and a gap in AUD. Although Gaps love to be filled it looks like the first attempt this morning failed. If there is one currency that doesn't respect the rule book it's this one!!! Last 15 min ...

My Trading Journey thus Far

Man O Man, the market is watching me. I jump off and it rallys as predicted. This is just way too much I'm out of here......I need to get myself a labotamy

My Trading Journey thus Far

Ok here goes last trade of week. I'm +$42or 40 pips for the week and I'm all in. Bullish on cable as per yesterday. Pending order Entry on the pivot line and tp at R1 looking for 50 pips. Stop under the low of the day. 35pip loss or 50 pip win and ...

My Trading Journey thus Far

TGIF.... Looking for the last trade of the week. Again it's a risk on/off mixed bag day. Asian session difficult to trade for me. Waiting for a 3hr entry candle to confirm direction of day which at this stage looks down.

My Trading Journey thus Far

My bullish thoughts on cable were not confirmed and fortunately I didn't enter the trade. I did however enter a cheeky trade just prior to the GBP official bank rate announcement. I've seen this spike severely in the past. A total gamble but I ...

My Trading Journey thus Far

Too tough to call at the moment, a mixed bag of risk on/off. Crystal balling towards tonight I see a massive GBP rally. It's been hovering just under the bearish trend line on the daily but yesterdays candle was powerful. I observe cable a lot and I ...

My Trading Journey thus Far