[B]Welcome everyone, this is just a place to post my trades, firstly so that I have an accountability to myself about my trades and not destroying my trades with negative thoughts the market gives.
If things go sour I might disappear for a while before coming back again to try. Let’s hope it does not happen.
Most of my trades are swing trades that I will hold for normally a few days to maybe weeks, or until my mental SL is hit, I do not use SL or TP in my trades, that is why money management is very important. SL is normally around 1 ATR but it’s more SR dependent (failed/break).
Only use the minimum lot size you can risk. My preference is $1 per $10k (0.01).
Trading style is probably best called price action. I only trade the 4H or D1 charts. Red line is where I will be looking to take profits but not necessarily, I may still hold on to the trade if i see the trend continuing. There will be losses as nothing is 100% in trading and life. All my trades are market orders, no limit orders as I prefer to watch how price reacts at SR levels before deciding to open trades. So sometimes I may enter too early or too late.
Lastly I am not providing a signal service of any kind, I am just showing my trades so that I have the commitment to follow my plan, please follow at your own discretion.[/B]
If you’re posting your trades here, for self-accountability etc., that’s a Journal, not a “free forex trading system”, so it belongs here: [B]301 Moved Permanently
Note to self, the unexpected big jump was due to speculation of good data, not actual good data. Such moves normally retrace. But will exit trade if the previous top was taken out.