Short EU 4h resistance
Good Morning Journal,
I closed my trades out for -60pips. I totally forgot about the holiday.
See you later or tomorrow.
Good Morning Journal,
I took a short long on the EJ yesterday to recover my loss on my last set of trades. Not into the holiday low volume trading. Closed with +108.2pips.
Profit taken at first turn around points for +282pips. Excepting EU…not so confident its ready or dropping.
I’m closing off the week here. NFP tomorrow.
Summary of Week#3:
Net Profit/Loss(in pips): +489
No. of trades: 31 : Improving
No. of losses: 13
No. of wins: 18
Biggest Loss (in pips): -20
Biggest Win (in pips): 63
Win Rate: 58% Not bad
Balance at start of Journal: $27
Good Morning Journal,
So after I realized these last two trades weren’t going too far I planned to close out on the smallest dip. To my heart’s pleasure I glanced the charts and saw some huge upper wick bear candles and thought lovely time to close. When I drew closer I was in negative on all trades when I should have been +50pips minimum, lo and behold my brokers spread opened up to 30pips on the EC and 17 pips on the EJ and remained that way for an entire hour. I have never ever once seen this and I have been with them for about 8 years. So sad. Anyway, I accepted a small loss of -56pips. And that’s the way the cookie crumbles.
Have a great weekend and see you next week.
Good Morning Journal,
I have a very busy week this week and am off forums as well. I am still trading but won’t have the time to post my charts as usual. Meanwhile my MYFXBOOK PERFORMANCE will maintain records.
Take care, friend. I enjoyed watching your posts.
Price action is a great source of indication for predicting the prices more accurately. I know a lot of banks and huge investors who only rely on the price action and candlestick patterns. You need to stay simple as much as possible. Thanks!
Hello Journal,
I had a tremendous month of activity. Really should have paused my trading. Nevertheless, I am back and ready to go again.
I am going to create another thread that is more interactive, and continue to post my results through Myfxbook. I had to withdraw my balance and transfer to another broker due to the new leverage requirements for next month,
So I am at PRICE ACTION TRADING with CANDLESTICKS
You’re leaving us then ? - BYE !
If you mean leaving babypips…not at all.