*Saw it was bullish on the smaller timeframes and didn't notice the downtrend trendline on the 4H until after I lost the trade. *Since I saw it creating HH and HL on timeframes lower than 1H I was pretty sure that the bias would turn bullish again due to it being US30 which usually goes up and at the time the 4H looking like it was going bullish and also the...
*Forced another trade again today, *Psychology has been extremely off this week *Down 7% for now. *The main reason I took the trade was because at the time the Daily looked like it was gonna go up while everything else was telling me it was going down but I convinced myself it was gonna go up for some reason. *Such a noob move.
*It was on a downtrend but due to it going through the trendline I thought it was gonna go more up due to it being in an overral uptrend. *But i forgot about fakeouts. *I even knew it was gonna go through the trendline and keep going down but due to me getting scared about it going up I switched my bias and took a buy instead of a sell.
*Took the trade on 15m because moving averages crossed, was bouncing off wick zone and its in an overral bullish trend. *But I didn't notice the downtrend trendline on the 1H. *While I did notice it was going on the downside on lower timeframes I still had a bullish bias.
*Took this trade because the trend was still bullish and it didn't break the LH on the 30m. *It was also bouncing off the wick zones.
*Everything was saying it was going up so this trade was super easy.
*The first trade I took because price was bouncing off support and resistance, it was on a downtrend and it had a lot of wicks to fill on the downside. *At first I was risking 27 pips but when it reached 50 pips and i took partials I decided to go BE. Ended up getting around 1.6% off the trade. *My second trade Really only had one confluence now that I think about...
*Looked at the higher timeframes and saw it was on and uptrend. *Saw that it shut down to a 1H resistance zone but then went through support so I decided to take a buy on the bounce of the resistance because we were still on and uptrend and it had to fill up candles on the upside on pretty much every timeframe I checked. *Ended up almost getting a 6% trade only...
*Woke up in a bad state of mind so I already started off bad by even getting on the charts. *On the higher timeframes like the 2H and 4H it still looked like a downtrend to me and I was thinking it was gonna reject Daily support and keep going down until I saw that the 1H and 15m it clearly looked like an uptrend.' *Was about to get out at 20 pips but I just held...
*Checked the daily bias and noticed it had a sell bias. *When it shut through the Weekly support I knew it was gonna retest so I put a sell when it retested. *At first I was targeting 100 pips but then realized there was a minor support where I got out so to play it safe I just got out. *Ended up getting 3% off this trade.
*At first I was looking for buys because US30 looked oversold but as time went buy it was too risky to put a buy and I'm not good at countertrading so I didn't feel comfortable enough to put in a buy. *What made me put in a sell was price rejecting the support and the overral trend. *I took partials at 20 and 30 pips for it to be a risk free trade and ended up...
*Put in a counter trend trade because there was a lot of wicks to fill on the downside. *But as soon as I saw it bounce off the 15m resistance I had a feeling my trade ws gonna be unvalid so I probably should've gotten out right there. *I should've had more reasons than just having a lot of wicks to fill on the downside to take that countertrend trade.
*First trade after a month break of trading. *At first I was looking for sells due to the lower timeframes being bearish and it filling up the wick on the downside for the Daily. *Then I started looking at the 1H and 4H and it looked to me like it was gonna go up. *While I did miss out on a really easy sell I wasn't too sure on how far down it was gonna go down so...
*First trade was another impulse trade due to my lack of PATIENCE again... *Second trade was pretty much the same as the first trade but with a better entry. *At least I was able to get back what I lost by taking partials and an extra 1%. *The second trade I got out early (I had the same TP as the first one) but I had a feeling it was gonna shoot down on the 9:30...