Well this week I am getting back in the game. I am going to really give it a good push here. I hope it will work out well. I am sure by sticking to my plan and executing my trades well It will all just fall into place. Last time my losses were not because my plan was lacking but because of not executing exactly as my plan stated due to mental and psych issues. So as always doing my pre trading week homework and we will see how it goes.
Well its been quite some time since i posted. i was actually hospitalized for several days and in surgical ICU. But that’s really just an excuse, i been kinda lazy as well. Life has been busy and this thread takes a lot of time with not much feedback. the only thing it provides is a journal of my trades of which i have already on my computer in spreadsheet format. So I guess i may start posting more but i don’t really know what i am getting out of this thread anymore.
note: for some reason my MT4 and java platform time frames are messed up so i am not actually quite sure where the exact entry candles are.
EUR/USD short
price: 1.31291 SL 1.3179 TP 1.3064 closed at SL
Net - .5%
EUR/JPY
Price: 101.232 SL 101.51 TP 100.95 closed at SL
net: -.75%
CAD/JPY
Price 77.331 SL 77.71 TP 76.95 closed at squeeze 77.172
net: +.42$
on your eur/usd short, what was the reason for entry again?
PS: I do follow your thread. I just wondering what happen to you. I see you are dealing with health issues. Hope you are feeling better already.
That is the most important.
the fiber trade was a small time frame SnD level inside a larger one. This is a new type of trade for me i am working with to be perfectly honest. But it is based on the level in level concept.
EUR/USD Long
Price: 1.32678 SL 1.3238 TP: 1.3298 closed at trailing stop 1.32456
Net: -.75%
EUR/GBP Short
Price: 0.83831 SL: 0.8413 TP:0.8353 closed at TP
net: +1.24%
USD/JPY
i am still in this trade actually but i scaled out 50% of my position for a tiny profit before the weekend.
net .046%. i will post a chart on it when it resolves.
week in review stats:
net p/l: -.25% -46.4 pips
win rate: 50%
not really a good week for me but at basically BE. it is technically a losing week which destroys my record. but all i can say is my risk management made sure even though i took a losing an entire week. i am not hamstrung at all and can come back this week to fight another day.
I just want to admit it here and now. I made a trading mistake. I lost ‘opportunity money’ because i didn’t squeeze properly. It was the Asian session and i was sleeping. I did have my stop at guaranteed profit but i lost out on about 10 pips. i feel horrible about it but walked away with a small winner. I just needed to get it out there so i felt better.
Hey, it happens. Just make sure it doesn’t cloud your judgement on the next trade. 
thanks thats exactly why i had to let it out. i did the math and it cost me .1% so really not that much. just angry at myself. but i have to sleep sometime. and i usually sleep during Asia so yeah.
I been really busy lately. posting up the charts takes a lot of time. But i thought i would give a mid week review. Maybe if i have some time later i will post up some charts. But as it is i am sure everyone here knows exactly how i trade.
Trades taken: 5
Winrate: 80%
Net gain: .32%
currently holding 1 position : EUR/CAD short
I was reading the interview with ed seykota again. and this quote really stood out more so than before. I thought that it was true but now i can tell you now with 100% certainty it is true.
[B]In that case, what can an individual do to become a successful trader?[/B]
The “doing” part of trading is simple. You just pick up the phone and place orders. The “being” part is a
bit more subtle. It’s like being an athlete. It’s commitment and mission.[U] To the committed, a world of
support appears. All manner of unforeseen assistance materializes to support and propel the committed to
meet grand destiny.[/U]
I’ve never been a very positive person, but I really do believe this to be true now.
I think it’s like the old market adage “what can’t go down, must go up”
Well as a person… if bad circumstances can’t bring you down… then the good circumstances (opportunity) will lift you higher and higher
That’s why I feel the MOST positive after a bad day of trading. I just sit and think, “if they can’t scare me out of this market on my BAD days… what chance do they have on my GOOD days” 
USD/JPY short
Price 77.677 SL 78.095 TP 77.2770
Scaled out before weekend at 77.6030
Squeezed out rest of position at 77.502
Net: + .153%
AUD/CAD short
Price:1.07494 SL 1.0789 TP 1.0709 closed at TP
if your wondering yes i did pick the absolute high within .5 pips or 5 pipettes. I know in babypips chat i have been getting a lot of nay sayers and some other kinda BS so here is the ticket from my broker.
Net: +.232%
don’t think i will post any more tickets. its just enough to stop taking flack that people cant pick tops and bottoms or have high win rates or whatever kind of BS goes in that chat. but for some reason i was catching flak or at least felt like it. so that’s all your going to get, no myfxbook links, no more prying. either believe me or don’t. Because in the end its my account that’s growing.
end of rant lets get back to the trades for the week
GBP/CAD long
price 1.56055 SL 1.5561 TP 1.5651
net :+.25%
EUR/CAD long
entry 1: price 1.30751 SL 1.3041 TP 1.3111 closed at SL
entry 2: price 1.30448 SL 1.3010 TP 1.3111 closed at squeeze 1.0986
entry 1 chart
entry 2 chart:
this is how you can with good risk management and having a good battle plan turn a loser into a solid winner.
net: +.18%
Oh, I believe it, those mid figs can be firecrackers if you got the right setups. Check last year’s EUR/USD high… what knocked the bulls off their seat, it wasn’t a full fig but a mid fig, 4950
Wicked 2nd entry on the EUR/CAD
lol didnt even realize it was a mid fig
well there are actually 2 more trades i didn’t post up yet cause i went out to get some lunch and do some non trading relating stuff. But here are the last 2 trades of the week. honestly didn’t expect people to reply so fast.
EUR/AUD long
price: 1.21828 SL 1.2161 TP 1.2203 closed at squeeze 1.21855
Basically as soon as i got to the point where i could start moving my stop up i get taken out. I am thinking about refining this type of trade in the future. But it requires getting more data. I always you shouldn’t complain about winners so i guess i am a hypocrite. hahahha
net: +.043
GBP/JPY short
entry 1: price 125.00100 SL 125.4000 TP 124.6000 closed at SL
entry 2: price 125.29100 SL 125.6900 TP 124.6000 closed at SL
ok this was really my only loser this week but it was a big one compared to my winners. I still ended the week net profitable but i think i need to extract a bit more out of my winners. like i said my system is still in refinement but its well on its way. also since i had good risk management in the whole grand scheme of things its not that big both entries cost me less than 1%.
Net: - .99%
Weekly review
Total trades 6
Total wins 5
Win rate:[B] 83.33%[/B]
Either way i need to refine my system. its definitely working but it needs some work and refinement. its all about optimization now. just like i hand built a car engine, first you gotta make sure it turns over reliably. now we can polish and bore and fiddle with intakes to extract the most horses out of it. All i have to say is i was down a few weeks ago but looking at this thread. with every trade i have taken since day one, i sure have come a long way. there is no doubt about that. so no need to get down. lets just keep working at it and achieve the dream!
Do you track your performance with an equity curve graph? Drawdowns can be visualized, and you’ll likely see how benign they really are. If you see your curve continuously going up, even after losing weeks, you really get a feel for the stability of what you’re doing, and the strength of the consistent process :57:
I absolutely keep track of my performance with many graphs equity curve being one of them. Its really just 1 losing trade, not a draw down IMHO a streak of 3 or more possibly. I guess i was just fretting.