7:30 am, it seems like EURUSD is in an downtrend :
- Sell order placed on my Tradersway account, for 0.03 lot on EURUSD.
- Sell order placed on my XM account, for 0.3 lot on EURUSD.
7:35 am : Reversion. I closed my orders with :
- $1.29 loss on Tradersway account
- $0.16 loss on XM account
I think I’ve not been careful enough since I had just about $11 on my Tradersway account…but I should still try to grow this account from this remaining balance (only).
There is no clear trend yet on EURUSD nor USDJPY…I’m going to have a small sleep (I trade from my bed anyway…)…I started scanning the market today at about 3:30 am…
08:05 am, EURUSD in uptrend.
- Buy order, on Tradersway account of 0.07 lot on EURUSD.
- Buy order, on XM account of 0.3 lot on EURUSD.
08:10 am GMT : - a further Buy order on XM account of 0.3 lot on EURUSD.
08:18 am : a further analysis made me decide to close my trades with small profits.
- $3.69 profit on my Tradersway account.
- $0.21 profit on my XM account.
08:18 am GMT : I just put a sell order on USDJPY on Tradersway account but this trade has been cancelled like on 29 January 2021. Few minutes later I made trades on Tradersway account, using pending orders, and closed theses lasts (there was a reversal coming…) at 08:45 am GMT with a profit $0.79.
With small accounts like mines I can only be scalping…
09:00 am : Uptrend on EURUSD.
- Buy order of 3*0.02 lot on EURUSD on Tradersway account.
09:48 am : EURUSD was illiquid and was slowly reversing and as I had a balance of only about $15 I decided to close at least one thread in prevention of a margin call.
I also had a loss of $2.02.
Since yesterday evening I find the market difficult to trade…especially today’s London session.
At 11:00 am : Closed EURUSD trades on Tradersway account with 2*$3.9 losses.
I think I need to find a way to prevent people/trolls to write in my Babypips Trading Journal especially when I’m trading…because they piss me off and then I cannot focus on my trading session.
Close equally a trade on Tradersway account on USDJPY, 0.02 lot, with $0.49 loss.
In parallel, I’m sleepy and as there is not a clear trend nor on EURUSD nor on USDJPY I prefer to stay out of the market for one or two hours.
At 2:00 pm : I tried to make a Buy order on Tradersaway account with the remaining $4.65 but it wasn’t possible. I received “Invalid S/L” error for any type of order.
I don’t know if I should close my Tradersway account or not. I will think about it during the week end.
I contacted Tradersway support team again in regards of my last “technical issues” and they provided a response that from now I will try to keep in mind :
“Also note that Liquidity Providers may reject trades during periods of low liquidity or high volatility in the markets.
Unfortunately we can only ask you to place a trade again, it will get accepted by Liquidity Providers and executed in the market.”
But, in this last case it should be fair to get an error message stating something like “Market presently illiquid” instead of a “Invalid S/L” error message.
I’m now definitively out of the market until next Monday.