Still trading the daily. All long positions at the moment some of the positions are my earlier mistakes from when I openned my demo acct with Turnkey late Nov. 2018.
Multiple small .01 - .05 positions held in the following pairs: USD/MXN, eur/usd, gpb/usd, aud/usd and gpb/chf.
DD is more than I’d prefer. Though I am positioned long had put on a couple of shorts and taken some profitable long positions on the lows; taking money off the table to continually add to my equity balance.
MXN has had what appears to be strong accumulation in jan, mar, april. It’s been trending higher since 4/22/19. I have a good size grid in this area and should continue to build over the next few/days/weeks.
_EDIT noon 5/17/19: Thinking that it is heading to 28600 _
EUR seems to be leveling off on the daily and has entered what appears to be an untested demand zone from April 2017… Perhaps I am seeing something that isn’t there so far in the past … time will tell and I will learn!!
GBP appears to have enterend a demand zone that had seen moves in Dec 18 and Feb 19.
AUD has entered a demand zone that last saw action in Nov 15 and a weekly pin bar w/o 12/30/18.
GBP/CHF is approaching the low side of a demand zone established earlier this year and has bee tested a few times.
While I should be scanning other pairs for equity building opportunities I am sitting tight and managing what I have on right now.
Paitience - I continue to work on it and continue to put on and take off longs/shorts as the days go by.
Piling up profitable trades on the 15M chart used sound alluring… and simple!!
"After all it’s only 30 trades!!! I can’t believe all the other traders haven’t seen this!!! Piece of cake!!!
All I had to do was compound 30 - XX pip trades and I am a millionaire!!!"
What a learning process!!
Edit: to clarify: I am not a live trader!! Simply a demonstration that can be viewed as entertainment, chick lit, chuck lit, verbal meanderings of things I think I have learned and about profits that are a percent of nothing!! I know that I will be writing a completely different journal when a go live in 3… 2…