Went long from 1-3456, target 1-35, stop 1-3430. Only went 1 lot. Picked up +10 earlier this morning from 1-3445 long to 1-3555. Trying to trade the recent range but think things could just as easily fall this morning.
Welcome in the club. 
My target was a little higher and didnāt hit as well. Stop a little higher as well, though. 13447. Buyers seem to run out of steem and the bears are strong still. 
It is a little more mixed today than it has been for the last few days. I am kicking myself for making a rookie mistake. My coach always drums into me ātrade what you see, not what you thinkā. Last night I thought that the Daily charts for both EUR/USD and EUR/GBP were setting up for a nice Short - nice low-stress trading, enter them by orders last night, just turn up today and collect the pips. Only I knew that the situation was looking a little mixed, there are a couple of Bank Holidays this week, longer-term trading has been choppier than it used to be, many people were looking to go Long, so I didnāt take the trades. Had I just tuned out all the noise and taken the setups, I would have put around 3% on my account since placing the order late last night.
So a useful lesson reinforced, and one I thought I would share: always do your own analysis, and trade what you see - not what you think.
I havenāt made a loss, and am up this week, but still feel like I am 3% down!!
(And sorry Bucks, I realize that I quoted your post, but the lesson I am sharing is not aimed at you specifically, it is aimed at the wider community lol!)
ST
No problem ST.
Well, I have never problems if I am not in a trade and miss something. If you compare your outcome and mine yours is way better. Better not to win than to lose. Another thing is with my bots. If there is a connection problem or anything it hurts if they miss something. Though, over the long run them might also miss losses.
Yea, fiber is mixed. Low(er) value, but still bearish. Imho related to a stronger buck, because ppl suck money out of their stocks. Maybe for christmas presents?
yep its black friday here on friday people are getting ready to go nuts and buy everything in site. Tomorrow banks are closed so got to make you moves today. Me I am just going to skip all the sillyness and enjoy my long weekend. I might open a trade or 2 we will see. But I would not be surprised to see a dollar rally today and friday as the holiday spending begins.
I had a set up on USD CHF short which I thought would go down by 100 or 120 pips.
So when USD CHF goes down, we can expect GU EU and AU to go up.
So I already had this thing in my mind.
Didnt pan out too well today. 
Still have to cover back.
Well, I made some quick 10+ pips back with a long. 13395ish til 14306ish. Recognized that if it goes to S3 it often goes back to S2.
Lost a little this morning but have managed to scalp it back today. Will miss all this tomorrow as cab will be back on the road by the end of today. Enjoyed doing this over the last few days, account grew a little.
Developing a knack of scalping 5 or 6 pips, couple of lots at a time, adding a little here and there. Also had the bigger trade yesterday from 1-3550 down to 1-35. I think it makes a big difference when you get to spend some real time in front of the screen BEFORE you make a trade to build a āfeelingā for the way the day is going.
Anyway, back at $221 just now. New tactic going forward, forget the $200, defend the $21
Forget feelings while trading imho, lol. You canāt beat statistics. Particularly if you see the best trade it could even become a loser. Itās like a punch in the stomach if you take feelings into consideration. That is trading. If you throw in too much feelings, you might still become profitable, but you risk also to become a psycho wreck after a while. Think about a doctor who gets a panic if he sees blood. He will make it for a while, but imho not for long. Thatās why itās better to forget the past trade instantly and focus on the market in front. Some even stop trading for a day after a loser or two and itās imho a good thing. One can clear his mind out of regret feelings. I mean, we all can say we are out of regret feelings, but I must confess not completely. It always plays a role in a trading career, because that is human nature. The more one thinks about the last loss, the more one thinks imho in categories of revenge. Even if itās not conscious.
I try to see my account equity curve as the markets themself. It grows, but not with just a straight line. Higher highs and higher lows. Instead of focusing on the higher highs I try to focus on the higher lows.
Anyways, just a little trading philosophy, lol. Not all related to you, HoG. Great to see your account growing. Now your glass is more than half full! 
There ya go;)
Iāll often lower risk to build that first new step into something sustainable.
It will really matter when you get your $400 back, and start in virgin territory altogether.
This is a big war best won in small battles.
Cheers!
Absolutely! I see this a little like collecting pennies which lie on the streets and one has just to pick em up. Thrown away by reckless home runners.
Thanks Tang.
Trying my best to go back to ābasicsā. Still canāt shake off the feeling that although my account is growing slowly again, I still donāt really know anything.
So I bought a couple of candlestick charting books the other day. Iāll just have to get over my dislike of reading if I am to push on further than my original $400 into āvirginā territory.
I reckon Iāll start with these books, and still have the VSA e-book to look over. Thatās the avenue Iām thinking of going down to start with. Would like to read more into the subject of Fibs and really would like to work through āWhat Every Aspiringā¦ā thread and eremarketās āProfessional Trader Offeringā¦ā thread.
Will get round to watching Sam Seidan videoās in between all that. So that is the education path mapped out for a while. But in the meantime, itās all about building on the $21 ( try to forget the $200 )
I am buying any push down from 1.3340 this is going to be a trade that i might hold for a weekā¦
Canāt help thinking about what you wrote here since you wrote it ST. I suppose itās so simple itās actually brilliant.
When you think about your mistakes, (obviously Iām not talking about you personally ST) itās your own thoughts that you mixed into the PA that have probably caused the losses instead of just trading what is in front of you on the charts.
Are you looking for a bounce from S3 to S2 yunny1 on the daily pivot?
I know you have a million miles more experience than me, but I canāt find any other reason for price to go up
Obviously Iām not saying price WONāT go up, Iām just looking for a reason why it WILL
Some pennies here and there and now itās probably ~ 50 pips today.
Yeah, it looks like it could be a bottom. However, be careful yunni. That was imho not the bears last resort. It might retest that 13320 and maybe ~ 132 before turning north for longer term.
Iām looking through the charts just now and Iām not finding a reason for an upturn. I canāt find a support on the daily until low of 1-3148. Obviously Iām not saying itās going straight down to 1-3148, but accoording to candlesticks, what is there to stop it?
I had 2 longs @1.3333/26 but closed them both at 1.3350 on the bounceā¦ after the sharp rejection from 1.3366
I am still looking to go long around 1.3280
with tomorrow thanksgiving i will be extra careful with my trading
HoG, we have a lower channel tl on the daily. Right at 13280. Plus a demand key area between ~ 13150 and the ~ 13350 right now. 13250 is right in the middle. Iām not saying it will turn around for long. It [U]could[/U] just turn within the channel and go to the other side. 132 is also a weekly support line.
It it drops til 13150 it will imho drop even more. Could go to 128 then. Another major demand zone.
Iām also watching the 13280 yunni. What I do not like is the long wick of the hour candle 2 hours ago. Plus then if some indis here come up with a divergence it usually takes another small drop before a turn.
Last but not least on the hourly we have a beta -2 with a slightly up prediction, HoG. Thatās what I made my pips with today. Buying below the border and selling after signs of exhaustion.
These are the reasons for my longs:
DAILY CHART
plus a bullish crab, 23.6 fib extension, and the touch of the standard deviation channel from 1.3809
I will play any PA in the 15M and 1H charts that hints a reversalā¦