Mostly i used to enter a new trade everytime price make new low, but yeah i agree big exposure especially for the first trading day (considering that i'm doing this journal stuff exactly to keep my exposure low, the purpose is just to inhibit my ...

Yet another trading journal

That's fantastic, i just see i closed prematurely, the 1.31 was a good point, only what i don't like soo much is that the big guys released the big news just when trading day was almost finished, oh well... It's just the beginning!

Yet another trading journal

Ok, we've closed our trades, at the average price of 1.3059. A premature exit, different as our original trading plan, however.. as we noticed, the market activity of today didn't performed as expected, our original plan was expecting an upmove to ...

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Ok, NY opened right now, during the whole london session not a rally not a nothing, we just see price making new lows.. Interesting, the situation is particular. More to comes

Yet another trading journal

exactly

Yet another trading journal

It may looks a little bit funny but as per my analysis/method the next technical support is at 1.2630 area, while the next resistances are at 1.32 area (the "medium one") and at 1.31 area (the minor one). The big one is at 1.332 area. Why i open ...

Yet another trading journal

Hey, nice to hear from you! Actually i was waiting my deposit to arrive in the broker's bank, that's why i didn't make any trade untill now. I don't use only 30min charts, i just made the screenshots with the 30m chart as it cover the right amount ...

Yet another trading journal

Trade Update — A little modify on the trading plan, actually whenever if price is going to hit 1.31 there are chances to see 1.32 too, so what are we doing: The target has been moved to 1.32 (between yesterday and the day before yesterday ...

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Hello, we're here in the asian session, and the market is in an interesting point. We have eurusd, that is actually doing an extended retrace (soo extended that the idea of a retrace become reverse is very acceptable now), however retrace or ...

Yet another trading journal

Sorry to confuse you, i made another example image that show clearly entry area (pullback/retrace) and exit area (trend resume). You see in this example, trend resumed but didn't go far away, instead it went back soon after resume (would had be good ...

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Ok now i got it, i enter when price is on a retracement zone (where a previous high or low was). I enter before the trend resumes, so usually when the trend resume all the positions are already in profit, and they can be closed or remain opened and ...

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I'm not really sure about what you mean, but what i mean is, we just enter (buy in the previous image-example) when price is doing a retracement/pullback/correction, and of course what we try to do is enter in the market when there are high ...

Yet another trading journal

That's great, my current strategy is not a mechanical strategy anymore, in some way it is as we still use the chart to understand when and where buy or sell a particular currency pair, but there is no a entrysignal anymore, we just start opening ...

Yet another trading journal

Thank you for reading my long posts! You are absolutely right, trade without sl is a lack of discipline itself. However i just not explained the SL thing clearly, i don't use SL mainly because most of my trades would have the stoploss at far ...

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Thread rules — A few words about the rules of the thread: No real rules here (i've not such a big threading experience), you are free to post any comment about my little story, about my trades, about a particular setup, you can write down ...

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The golden rules — The golden rules that i've learned during the years, basically every big loss teach us something, what i've learned from my losses are the following principles, they are very simple but everytime my trading is in trouble you ...

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The strategy — And now, after my funny/sad confession, some informations about my trading strategy. Is mostly accumulation/distribution trading, we try to buy low when market accumulate buys (when largetraders sell to commercials), and sell ...

Yet another trading journal

this, actually you know there are always good trendline and channels and fibonacci and bla bla for any scenario, both up and down. but, if we look for some down scenario, this can be legit

EURUSD

2930 we're coming!

EURUSD