{image} Not very good day today. Two full stops hit during the Asian session. Market was nervous at that time. My problem is I use negative RR.... Let me see if I can recoup this loss till today. Hope I don't add up more losses which is a very common scenario.... Better walk away?
Always, price action is the KING. No matter fancy indicators I use, I always come across the dead end eventually. I will focus more on PA from now on. The following image is an example. When I trade based on 1M chart, I also want to watch 5M and 15M or even 1H chart carefully for hints. {image}
{image} {image} Price is currently still stuck between narrowing channel on both 1H and 4H charts. Breakout is imminent perhaps on next week? Choppy condition expected. Walking away perhaps is the best choice for many people.... By the way, I made two more demo trades during the Europe session. Watching higher TF bars helps to me. One loss (two contracts by mistake), one win. Total PnL is in black.
{image} {image} Traded using a normal sized contract and blew my prop firm eval account again after two loss tradings. The 3d one in the pic was force liquidated. Caught in a consolidation and it's ok, it happens time to time. I was just in a mood to use a high leverage for some reasons. Last pic was a demo trading. I better use demo account until this year and decide if I continue or not. Not a big deal anyway.
Naked four Quantower charts on each screen. I like Steve's trading style and I will focus on this. I have roughly two months of time as I swore to me. Time is running out .........
