Weekly Review 10/07/18 - 10/13/18
The weekly watchlist didn’t provide much entries but I like how my forecasting have been improving for this whole year. Like the USD/JPY possible pullback happening or GBP/CAD on 9/16/18 Weekly watchlist forecast but my current plan didn’t provide a opportunity. Yes, some forecast don’t always work out.The best thing is to have all this data written out because of no hindsight. It was all done in real time with the live market condition that I get I review to get better as a trader.
For the last few months, I been working on my mindset (most important), improving my foundation as trader practicing market condition, support & resistance, pattern, price action, and etc. Back testing helped me find my weakness in each area I had to dedicate time to improve one by one.
Each time, I had a loss there something much to learn from it or When I decided not to take the entry but my forecast was correct ex. EUR/USD 9/09/18 watchlist. Was the trade part of my plan? Did I hesitate to take an entry if so why? Mindset is very important because of FOMO, greed, or loss. I started to put a note on how I felt that day during the trade because I could look back it on the weekend on a neutral bias with the market closed. Each time I either miss an entry or take it i can look at my emotion if I have any.
Normally, I just post my results and don’t really show the back end of what I have been doing. As, I am both working on my mindset and plan. I am have super excited of whats to come and super grateful of learning and proving.
- NZD/CAD 10/08/18 (OPENED) - 10/10/18 (CLOSED) [1.40%]
- USD/CHF 10/9/18 (OPENED) - 10/10/18 (CLOSED) [2.20%]