*I put in the first trade because at the time it was forming a W shape and it was losing bearish momentum. *I started off risking 25 pips but when I took profits at 20 and 30 pips I decided to put my SL at BE so it could be a risk free trade. *The second trade was a pretty bad trade. I was contemplating getting in before it turned 9:30 and as soon as it turned...
*I put in the first trade because I saw it respecting the trendline. *I was able to not loose any money because I took partials at 15 pips and 30 pips, but of course it broke trendline on the first trade. *Second trade I thought it was going up but due to me getting scared (putting emotions in my trade when I shouldn't have) I missed out on profit because I didn't...
*Was looking for the perfect time to put a sell but AGAIN due to my impatience I got a bad entry. *I legit put in a sell as soon as it turned 9:30 and it shot up 30 pips in seconds and due to that I wasn't even able to put my SL in time so I just got out just in case it went higher. I had a feeling it wasn't going too but I still got out because it was the smart...
*Wouldn't have lost the first trade if I just had more patience to get a better entry and for the second trade I messed up because at first I didn"t have a TP but when I put my TP on MT4 it was already too late and it reversed on me. *I would've been way more profitable if I just took partials or if I simply just put my TP earlier on MT4. *I actually didn't end up...
*First trade was made as soon as I got on the charts because I saw it was a good set up for a quick scalp but due to my impatience I got in too early not letting the candle close which ended up getting me stooped out. *For some reason I still had my bullish bias even though on the Daily it looked like it was gonna go more down and due to my incompetence I missed...
*Today should've been a really profitable day. But due to me not getting an early entry I lost a bit more than half of what I made from the first trade. *Also if I would've just held my trade I had the chance of making 6 times the money but since it was before the 9:30 move I didn't really feel safe to hold it from how volatile it gets sometimes so I don't really...
*Really frustrating day today. Could've easily won that trade if I had put a bigger SL or if I simply just stuck to my sell bias. *The buy I took was me thinking it was gonna go up touch the ttrendline then shoot down. *Due to me loosing the last trade I completely forgot to put in a sell resulting into me missing out on the opportunity to win what I lost back and...
*Today I messed up because I put in a trade due to me wanting the market to do a certain thing. Pretty much everything was telling me that it was going up and when I had that indecision I should've known to just not take the trade. *I even told myself that if the closing candle before 9:30 went above 34600 I wouldn't take a sell but I still did due to FOMO. *The...
*On 6/1 I took buys because every time frame was bullish but before that I was looking for sells because the bullish momentum was dying down. But due to me listening to my bias in the past I've lost trades that I shouldn't have but I guess there are times were my bias is valid. Another factor that probably made it go down was that it stopped at a even number such...
On this trade I based off my entry on the 15 minute but due to me looking at the higher timeframes I messed up and put my SL higher at first risking 80 sum pips and due to that indecision I missed out on my entry in MetaTrader. But after that I looked back at the 15 minute and noticed I could risk a lot less. I was originally risking 80 pips to get 160 but then...
The moment I got up on 5/25 I wasn't sure where price was going to go due to the mount of consolidation and from that I should've known not to trade. At first I thought it was going to go up due to the amount of times it was respecting support but then I changed my mind due to it keep trying to go down and got out of my buy order early and put in a sell. I...
The trade on 5/19 was pretty straight forward. It rejected the resistance and it had bearish momentum on higher timeframes. But for the trade on 5/20 I sat on my hands due to USD having news and me thinking that it was going to affect Dow. Which is also why I took my trade out early on the trade on 5/19. So what I learned was that not every USD news affects Dow...
Noticed that the best ways to get entries for US30 is to wait for it to touch the bottom(buyi)/top(selli) of the zone.
Both of this trades started the push at 10:15. Pushing price down to convince traders its going down then shooting up at 10:30 to take out most of the sellers.
US30 tends to pump up at the beginning of the months then dumps at the end of the months.