Been a while since my last journal. I have dedicated a lot of time to a new venture but have always continued lurking in the background of FF and trading to supplement my income. I feel I have more spare time to trawl the charts and thought a new journal would be good for me and possibly others.
Bit about me: I've been trading for what seems like a lifetime. Stock, indexes and forex. Traded full time for about a year but decided it wasn't for me. Many people here have a dream of trading full time as they think it will be easy money and an hour or so a day. I found it all consuming and spent more time on trading then I would have on a 60hr job.
Over the years my trading style has changed. I still like fake outs and break outs with certain price action moves. But I mainly try to catch the swing highs and lows and counter trade them. I spend a lot of time on the daily TF and move to 1hr or 4hr TF for entries if i have the time.
I hope to use this thread to call a few entries and maybe reflect on past ones.
I have a number of trades running but these are the latest with little movement so far
AU sell
EU sell
UChf buy
Bit about me: I've been trading for what seems like a lifetime. Stock, indexes and forex. Traded full time for about a year but decided it wasn't for me. Many people here have a dream of trading full time as they think it will be easy money and an hour or so a day. I found it all consuming and spent more time on trading then I would have on a 60hr job.
Over the years my trading style has changed. I still like fake outs and break outs with certain price action moves. But I mainly try to catch the swing highs and lows and counter trade them. I spend a lot of time on the daily TF and move to 1hr or 4hr TF for entries if i have the time.
I hope to use this thread to call a few entries and maybe reflect on past ones.
I have a number of trades running but these are the latest with little movement so far
AU sell
EU sell
UChf buy