Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    added 4 lots...reduced stop by 1 pip...my stops may be too perfect..yesterday two times stops were missed by a whisker nb10.png
     
    #241     Jun 6, 2019
  2. padutrader

    padutrader

    stopped out
     
    #242     Jun 6, 2019
  3. padutrader

    padutrader

    lesson learnt ..avoid tight congestion
     
    #243     Jun 6, 2019
  4. padutrader

    padutrader

    I told a friend that I am day trading..and he asked me

    'why do you not night trade'

    funnily enough most of my profitable trades are in the US session which starts at 7 pm our local time!!!

    that suggestion was more intuitively correct than my friend realized
     
    Last edited: Jun 6, 2019
    #244     Jun 6, 2019
  5. padutrader

    padutrader

    i am going to take Dest advice he gave on 5 june when the US session was going on " stop trading"

    I am going to do that until nfp is over
    i have donated to the market so my duty is over...
     
    Last edited: Jun 6, 2019
    #245     Jun 6, 2019
  6. padutrader

    padutrader

    I think at this stage 1000 usd a day is a reasonable target...

    and, till this moment, this week, I am up 5000 usd so today's target is already reached.

    I expect some good opportunity after NFP so might as well keep my mind and account free from any dents....

    take care friends

    market is not a place to enjoy the scenery and joy walk
     
    #246     Jun 6, 2019
    CALLumbus likes this.
  7. NQurious

    NQurious

    You’re an addict ... there is no liquidity right now and probably won’t be until London and Frankfurt are open. Even then, we are 9.5 hours to NFP ... who, other than you against your bucket shop broker, is trading now? Keep your powder dry for tomorrow. Go have some beers :thumbsup:
     
    #247     Jun 6, 2019
    Onra and padutrader like this.
  8. padutrader

    padutrader

    short audusd….yeah I know...but this is just a test...please note the lot size not my usual... to see if my method works.... in something other than eurusd..may as well use some free time productively nb3.jpg
     
    #248     Jun 6, 2019
  9. padutrader

    padutrader

    you may be right....about me an addict.....but .... I just use morning session to get my feet wet...I used to do it in golf too...you cannot start cold.... at least I cant

    I am still learning and getting to know my method and learning to trust it so I must trade.

    That is what I told Dest when he said you have lost 10% of your account in a few hours so STOP
     
    Last edited: Jun 6, 2019
    #249     Jun 6, 2019
    CALLumbus likes this.
  10. padutrader

    padutrader

    3 hours to go.... for beer

    maybe some time we could have beer together:D
     
    #250     Jun 6, 2019