My Price Action Trading Journal

Trading Discussion Trade Journals
21

Point taken Ontario. I’m learning to hold for longer, transitioning from Day Trading.

22

Good Morning Journal.

So I have bought the EU Setup #2, and Sold the USDCAD Weekly Setup#1 at the H4 wick highs.

EU TRADE

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23

Though not one of my main pairs of choice, I saw a great buy opportunity on the AU 4h and took it. A Setup#2 trade. Also at Weekly Support (Setup#1).

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24

I couldn’t post two images in one post so here is the UC Short trade.

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25

I feel better loading shorts below 1.3171 Weekly Resistance now acting as support.

26

Long EURJPY 1h Setup#2 (Sys2). Only one position at the moment. Waiting of 4H setup to add more.

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27

Closed my UC with my EJ trade (not happy) to mitigate the risk.

28

Long EJ 4h Bullish Swing trade breakout.

29

Good Morning Journal.

So I gave away all my day 2 profits on the EU, UC & AU trades. EJ closed at entry price.

I need a trade explorer to keep track of trades, pips etc. Will either setup through myfxbook or something.

32

Long EU at 4H support created by Bullish bar Lows.

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33

Long AU at 4H support level.

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34

I entered lower, doubted the trade then entered later but still good for long.
Long EJ at 4H support level. Also buying off Daily breakout level at 127.27 bearish bar high.

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35

Wow, that’s a lot of posts. Perhaps you could write a bit fewer but longer posts and organize them according to pairs or time windows?

1 Like
36

Trade update

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37

Trade update

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38

Trade update

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39

Now short the USDCAD at the weekly resistance levels I have been monitoring for a few days now.

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40

Happy to be out with profit…+433pips :relaxed:

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41

Hi James,

A problem with that is that I can only post one image per post. I will see if i can find a better way of organizing the posts.

42

So, I have come to terms with some things about myself:

  • I am NOT a Long term traders.
  • I do NOT like keeping trades overnight
  • I trade best on 4H charts.
  • I do better trading no more than 4 pairs at a time.
  • I don’t let profits run long enough.
  • My EDGE is picking S & R well.
  • I give back money to the market, fiddling with poor setups in low volume hours
  • I over trade most days.