Primary Objective is to trade the strategy

Trading Discussion Trade Journals
81

Weekly Watchlist 3/25/18

NZD/CAD

  • Daily - Possible Head & Shoulder Forming
    - Looking for a Short around .9400 resistance and need some deceleration

NZD-CAD 3-25-18.jpg1585×1027 179 KB

GBP/JPY

  • Daily - Price at Major Support Zone 147.85 - 147.50 + Deceleration + possible Head & Shoulder Forming
    • Look for Entry at the Zone

GBP-JPY 3-25-18.jpg1585×1028 220 KB

82

3/25/18 - 3/30/18

Waiting for some trades patterns to take form but just waiting for an entries.

Trades Taken:
None

Currently Open:
EUR/NZD [Swing Trade] - 3/21/18 (Currently Running)

Missed Trades
None

83

Weekly Watchlist 4/1/18

Forgot to post this yestarday

GBP/CAD:

  • Daily - Price retracing in a uptrend.

Looking for a Long at Previous High + Fib .618 + Support

GBP-CAD 4-1-18.jpg1595×1026 171 KB

NZD/CAD:

  • Daily - Price has bounced from the Top of the Right Shoulder then proceeded to going down and have found resistance at the neckline

    • Price needs to move up to around .9400 resistance and need some deceleration before looking for a short.

NZD-CAD 4-1-18.jpg1590×1029 166 KB

USD/JPY

  • Daily - Price broke out of a Wedge Pattern but has found Resistance at 106.90. This could possible be a Head & Shoulder Pattern forming.

If price to move towards 105.50 Resistance + Deceleration before looking for a Long Entry.

USD-JPY 4-1-18.jpg1597×1024 144 KB

84

GBP/AUD
Breakout of 4H Head & Shoulders
Reward:Risk: 7.75:1
Waiting for entry

GBP-AUD 4-4-18 ENtry.jpg1591×1022 158 KB

85

Weekly Review 4/1/18 - 4/06/18

Not much to say about price, trades have been getting stopped out then Hitting profit targets. The swing trade currently running is Break even. Will see what happens over the next few days.

Trades Taken:

  • EUR/CAD [Day-trade] 4/1/18 (OPENED) - 4/2/18 (CLOSED) [-1%]
  • GBP/AUD [Day Trade] 4/4/18 (OPENED) - 4/6/18 (CLOSED) [-1%]

Currently Open:

  • EUR/NZD [Swing Trade] 3/21/18 (OPENED) - Still Open Stop loss to Break Even.

Missed Trades:
None

86

Watchlist 4/9/18

CHF/JPY -

87

Weekly Review 4/8/18 - 4/13/18

Trades Taken:

  • GBP/AUD [Daytrade] 4/10/18 (OPENED) - 4/11/18 (CLOSED) [-1%]
  • CHF/JPY [Daytrade] 4/9/18 (OPENED) - 4/11/18 (CLOSED) [-1%]

Currently Open

  • EUR/NZD [Swing Trade] 3/21/18 (OPENED) - Price was about 10 pips away from take profit of 4.75% but at the moment locked in about 1.5%

Missed Trades:
None

88

Watchlist 4/15/18

AUD/USD -Short Swing Trade

Daily - 50 EMA rejection, Resistance, fib .50. Hightest, Trendline, Deceleration
Reward;Risk - 2.75:1

AUD-USD 4-15-18.jpg1602×929 168 KB

89

Weeky Review 4/15/18 - 4/20/18

Great week. Been reviewing past data I have from my trades and looking to improve my trade entry style. I understand this is a a process and each day I am trying to improve but requirement is patience. Losing and mistakes are part of trading. You cant expect every trade to be a winner accept the losses but mistakes on Stop loss and not following the trading plan is MY FAULT.

Trades Taken:

  • AUD/USD [Swing Trade] 4/15/18 (OPENED) - 4/19/18 (CLOSED) [-1%] - Great Trade but I made a mistake on my Stop Loss always 10 pips above the high. This mistake cost me 2.5%

Previous Trades:

  • EUR/NZD [Swing Trade] 3/21/18 (OPENED) - 4/18/18 (CLOSED) [2%] - 10 pips away from take profit of 5% but ended the trade with 2%. Stiil need to make improvement in mangement.

.

Missed Trades:
None

90

Weekly Review 4/22/18 - 4/27/18

This week the market has some nice swing opportunity but I have been going over all my trades for the past few months and noticed mistakes I made. I am going to be posting them soon. As I practiced, I got better Just seeing the market and make tweaks to both my swing and day trade plan because I actually have missed a few trades the last few months. I am enjoying the process and still much to learn.

Trades Taken:

  • GBP/AUD Swing Trade] 4/26/18 (OPENED) - 4/27/18 (CLOSED) [3.75%]
  • AUD/NZD [Swing Trade] - 4/22/18 (OPENED) - 4/23/18 (CLOSED) [-1%]

Psychology
When taking the GBP/AUD trade i felt uneasy when taking this entry because of the trade being my first range play. This was not normal for me because every swing trade in the past few months have been much of a cake walk. Also, since I had a few losses guessing it didn’t really matter but my body felt uneasy on this GBP/AUD because if not have much practice with the range entry. Could this mean maybe I haven’t really accepting losing in trading??? Possibly because I only felt this way when I wasn’t really use to taking a Range style entry on swing trading. I still have much to learn

Missed Trades
None

91

Weekly Review 4/29/18 - 5/04/18

Nothing, really happening this week. Just waiting for some pullback and price to get to certain area before i look for Entries. I plan to post the last few months results of trading. I still have much to learn about choosing better setups.

Trades Taken:
None

Missed Trades:
None

92

Weekly Watchlist 5/06/18

AUD/JPY - (Long - Reversal Counter - Trend)

  • Weekly - Deceleration the week prior on 4/23 with this week ending with price rejecting and closing above Major Support 82.20 - 82.10 with 8 touches going back to 2009.
  • Daily - Possible Head and Shoulder Pattern forming with the right shoulder being at zone 82.20 - 82.10. In addition to price decelerating the past 2 weeks before touching support with 2 doji candles. MACD Divergence
  • 4H - Wedge Forming with a low test formed two at the lower part of the wedge with some MACD Divergence.
  • 1H - Double Bottom with strong deceleration at the 82.200 - 81.100 Zone with 2 Low Test forming.
    - The time frame look aligned we could be seeing a reversal of trend.

AUD-JPY 5-06-18.jpg1598×916 131 KB

GBP/NZD

  • Weekly - Bearish Candle Broke Though the Wedge TL
  • Daily - Price decelerating at Major Support 1.92400
  • Looking for a possible Long but waiting for an entry candle Shape at Major Support

GBP-NZD 5-06-18.jpg1600×917 148 KB

93

Weekly Review 5/6/18 - 5/11/18

Trades Taken:
AUD/JPY [SwingTrade] 5/06/17 (OPENED) - 5/07/18 (CLOSED) [-1%]

Missed Trades:
None

95

Weekly Watchlist - 5/13/18

AUD/JPY: 5/13/18 (Long) - Counter Trend

  • Weekly - Previous Week delceration candle with this week ending with a low test at a Major SUpport zone 81.90
  • Daily - Head & shoulder forming with a false break of support of 82.100.
  • 4H - Price has made a high at the minor 4H resistance at 82.60. Would like to see price to down possiblity making a H & S Pattern.
    • if price heads back down to 81.90 looking for a possibly Long entry.

AUD-JPY 5-13-18.jpg1584×1027 247 KB

GBP/AUD - 5/13/18 (Long) - Trend

96

Yeah I agree with it that you need to trade the strategy not the money. If you have the best strategy then money will be the outcome. You have to work hard in order to build a good one for youself. A sound aporoach is key to success on the Forex market.

1 Like
97

Hey Kreg, I totally agree. I am still trying to improve my plan and the trades I take plus psychology. Still learning processing, just having pateience on reviewing my trades and data on a weekl to week basis.

98

Weekly Review 5/13/18 - 5/18/18:

The strategies for day trades breakouts and swing trades don’t happen much but I know i missed quite a few trades in the past when I looked over the past few months data. Finding out where I should be looking for entry and when to take the entries but overall still need improvements.

Trades Taken:
none

Missed Trades:
None

99

Weekly Review 5/20/18 - 5/25/18

NZD/CAD - It was a nice breakout but no entry. I was waiting for some deceleration before entry but just got really close to the pivot but just bounced off.

Trades Taken:
CAD/CHF [Daytrade] 5/20/18 (OPENED) -5/21/18 (CLOSED) [-1%]

Missed Trades:
None

100

Weekly Review 5/27/18 - 6/01/18

I still have much to learn and actually been improving my plan and added a few entry criteria. I have been strict with my entries but review the past data has helped a tremedous amount. I am actually looking forward to next few months will be interesting.

Trades Taken:
NZD/USD [Daytrade] 5/28/18 (OPENED) 5/28/18 (CLOSED) [-1%]

Missed Trades:
None

101

Hello, I am back to posting my progress. I have some ways to go but I have been learning and been refining my plan over the from last time I posted. Mainly, I didn’t have many entries depending on my style but my goal always been trading the plan.

Over time, I keep reviewing my results of missed entries and trades which I had to refine then found out I had some things to work on.

  1. Support/Resistance: I had some grasp of understanding but It’ still needed improvement. Especially, when your chart is covered in lines. Decided to Keeping it Simple.
  2. Market Structure & Mult-timeframe Anaylsis; I would see the Trend on the Daily but the Weekly shows a Reversal Candle. I would end up taking entries where I shouldn’t have.
  3. Missed Entries (psychology): This was recent because it happened on my Swing Entries when I would finish this quickly slight because I had a small account.

These past few months, basically I started becoming more self aware(psychology) of things I was weak in because I lack self-disciple, focusing on to many thing at once when I should just practice one concept at a time, and psychology. Normally, I would just stop after three months because I wasn’t getting the results I wanted but this is actually is a Journey.

This is my Plan.

  1. Trading Plan: My go to setups and written out plan
  2. Weekly + Daily Watch-list (i will be posting)
  3. Weekly Review - (I will be posting but in a Simple form)
  4. Practicing Support/Resistance, Structure, Price Action and etc.
  5. Psychology - This is super Important.

I made sure since I started this thread I would always do my weekly review(in evernote) and haven’t missed once because this is a business. I must treat it as one. I still have some ways to go but I will keep posting my progress. I am excited!!!