I didn't review the chart for EURGBP today but yesterday prices were touching the "daily" resistance (the most strong resistance/support is the daily chart level)... and looking at your chart, prices didnot rise further up and fell after that.
I think you'll become a very successful swing trader in Forex eventually. No pain no gain...as long as you find out why you lost in those trading... All the best
I do not trade S/R anymore cause what I learned is it is also if the price is "meant" to get somewhere it will go through it....look at this daily of the EURGBP of past resistance ... I am not scalping....
You have not seen my results yet Even if it is a hard week I am still positive, pay close attention, if I close everything now I am up 3% for the week,lol And if you are a successful trader you know you do not trade all strategies in one, that is when you become a losing trader
I am enjoying following your journal. Not many traders have been posting active journals lately. I have enjoyed reading all real time journals on ET e.g. Jack Heysey's analytical tradings on US equity market, Jonny Sharpe's pairs trading strategy on US equity market , Spydertrader's futures trading etc ... As far as I remember, no one on ET has done Forex journal this actively. While I was studying all old ET legends' thread, I didn't imagine that I would even be able to participate in real trading journal. After all, I guess dreams do come true Likewise, I hope, in the near future, some banks/institutions eventually approach you and invest in your skills !
I am just a short-term trader. I don't hold positions long like you cos I only trade until prices reach resistance/support. Also I only trade when markets are highly liquid and close all my positions after that period.
I thank you for your kind words. Yes I love reading books too. Want I would like to mention if you noticed in the trading books is that no 2 traders trade alike and some can be conflicting but both can be profitable. Thank you again
Open positions left: AUDUSD EURAUD NZDCAD All in profit at the moment but still have time to get to destination.....