One loss and one win. Sick market without momentum. The market is way oversold condition. Done for the day and week.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,201
- Jun 25, 2026 9:24pm Jun 25, 2026 9:24pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
- #4,202
- Jun 28, 2026 6:54pm Jun 28, 2026 6:54pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
4H 50 EMA and 1H 200 EMA confluence is today's focus to me......
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,203
- Jun 29, 2026 4:59am Jun 29, 2026 4:59am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
Nightmare Monday with another massive loss. Just everything went wrong.... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,204
- Jun 29, 2026 5:56am Jun 29, 2026 5:56am
- Joined Jul 2011 | Status: Gold Again | 10,689 Posts
Nightmare Monday with another massive loss. Just everything went wrong....
MAY THE TREND BE WITH YOU
- #4,205
- Jun 29, 2026 10:36am Jun 29, 2026 10:36am
- Joined Dec 2010 | Status: Never Stop Learning | 7,392 Posts
Nightmare Monday with another massive loss. Just everything went wrong....
Sorry about the Bad Day Trading.
I hope things get better soon
Steve
- #4,206
- Jun 30, 2026 8:12pm Jun 30, 2026 8:12pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
June was terrible... It seems my strategy doesn't survive more than 2 months.... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,207
- Edited 8:27pm Jun 30, 2026 8:17pm | Edited 8:27pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
New day and new month has started. A good start trading today. Knowing some vulnerabilities in my strategy, I have tweaked my strategy a little bit last night.
MAs in multiple TFs are well aligned and I expected $4000 would be tested again.... When MAs are aligned, we often have a strong move in one direction. I want to trade only such a quality day like today. I don't expect I can trade well each and everyday. That's a joke. Patience will be paid off eventually. Anyway, I cut the profit much early as I needed some wining trade urgently to save my account. Feel a little bit better now.
MAs in multiple TFs are well aligned and I expected $4000 would be tested again.... When MAs are aligned, we often have a strong move in one direction. I want to trade only such a quality day like today. I don't expect I can trade well each and everyday. That's a joke. Patience will be paid off eventually. Anyway, I cut the profit much early as I needed some wining trade urgently to save my account. Feel a little bit better now.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,208
- Jul 8, 7:21pm (19 hr ago) Jul 8, 7:21pm (19 hr ago)
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
I am a bad day trader but I am honest at least. My strategy didn't work well from the end of June. Not yet blown but only $118 left before it hits the trailing SL. It's a bit expected as I knew my strategy hasn't survived for more than two months... Let me go back to the drawing room to figure out... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,209
- Jul 8, 8:34pm (18 hr ago) Jul 8, 8:34pm (18 hr ago)
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
Demo practicing until I regain confidence..... I need to have some patience to wait some pull-back. RR needs to be improved very badly.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,210
- Jul 8, 9:26pm (17 hr ago) Jul 8, 9:26pm (17 hr ago)
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
An interesting comment about moving average from someone in Mrtools' thread:
https://www.forexfactory.com/thread/...2#post15794462
Although me and ChatGPT disagree with him in certain points ( https://www.forexfactory.com/thread/...4#post15795504 ), I agree "The moving average is not suitable for determining market direction". That was one of the mistakes I currently made about EMAs I use....
https://www.forexfactory.com/thread/...2#post15794462
Although me and ChatGPT disagree with him in certain points ( https://www.forexfactory.com/thread/...4#post15795504 ), I agree "The moving average is not suitable for determining market direction". That was one of the mistakes I currently made about EMAs I use....
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,211
- Jul 9, 7:18am (7 hr ago) Jul 9, 7:18am (7 hr ago)
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
Demo practicing until I regain confidence..... I need to have some patience to wait some pull-back. RR needs to be improved very badly. {image} {image}
I think I can go back to Lucid account trading as early as next week. Perhaps I may need to purchase a new one.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #4,212
- Last Post: Jul 9, 8:57am (6 hr ago) Jul 9, 8:57am (6 hr ago)
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,129 Posts
Last one was a loser. Entry was bad (as usual). Demo account.
Simplicity is the ultimate sophistication - Leonardo da Vinci