Discussion in 'Journals' started by cvds16, Dec 25, 2017.
I'll leave you to your experiments.
All the best today!
I am now adjusting some thing into my method: only trade the combo of either 1H or 3H setups
1H or 3H for scalping?Oh,man!!!...
I am not scalping anymore; I am intraday swingtrading.
Long EURUSD @ 1.2015
fucking mad at myself for missing the obvious short at 08:00 CET while stochastics AND ema20 was clearly showing it. I will go long at the end of this hour if it engulfs (no more jumping the gun with signals; that burned me allready twice today (( )
I don't get easily mad but this time I am disgusted by myself ... pure idiotic trading at it's best Went long 1.2023 targeting 1.2150. Kelly rightly called it 'experiments', nothing less it is ... when will I learn to stick to the charts at hand
trigger happy Madam Mae trading strategy?
something like that I am afraid
This is how I analyse. you might agree / disagree and that's up to you.
You need to look at big picture.
the day to profit from eurusd was on 29 dec and 2 Jan.
If you failed to profit massively (say > 50 pips) from these 2 days, you are taking unncessary risk by trading on 3 Jan.
On 3 Jan, there is a reversal down signal at 304pm, UTC+8.
you can get decent reward / risk ratio of 2:1, ie about 25 pips but I doubt you can stretch target profit.
Also if you look at the whole European market on 3 Jan, not many futures are moving except eurex btp and energy futures.
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