We are getting a third attempt on a trade. It is what it is. Short again, as 1H is rejecting the EMAs and is forming a good candle + we broke below the trend-line on 15M. Overall a possible short.
After getting out of a short attempt price is setting up for a quick trade long. Orders set.
Yesterday was an OK day. Trying to pick it up good trades today. In this one.
First order of the week. Last week was a bit busy didn't post much, but let's start trading. Overall a good EURUSD long setting up.
Both EURUSD and USDJPY are offering a trade. Whatever gets triggered first - the other will be removed. Let's see how it goes.
Been waiting a while for this pullback. Now it's almost at the entry area. Quick trade.
Already in at 136.604 with a 15 pip stop. Overall seems like a possible quick trade to the londside. Will see how 15M now closes for possible early closes.
Orders are set at 1.01752 with a 6.6 pip stop. Quick trade to the upside.
Quick in and out on AUDJPY. Already in. At 94.069 with a 94.257 18.8 pip stop.
My trading has been evolving at a rapid pace recently. In the last 2 years I made a transition from being a swing-trader to day-trading. Some things, the backbone, of swing-trading carried over to day, but with a lot of extra thing that I didn't utilize prior. I went from taking 5-10 trades a month, to taking 20 trades a week. Results didn't go up linearly, but...
Price gave us a reversal to the upside, already in this tarde. Let's see if it can push up to help us finish the day around breakeven.
Meanwhile we have a running short on USDJPY, we are getting quite a good long on EURJPY. They might cancel each other out, orders are set. Let's see how it develops.
This is a similar type of trade as the previous one we banked +0.30 on, but this one is pulling back deeper thus is based more on HTF swing. We are already in.
First order of the week/Monday. Order set at 133.270 with 10 pip stop at 133.370. Will see how it goes. Last week was quite good overall, we made some hefty profits.
After a previous loss on EURUSD this EURJPY is showing signs of possible move to the longside. Orders set.
First trade of Friday. Orders set. Let's see. Ideally we get a clean and slow pullback.
Trade Managements is one of the pillars of successful trading. We can enter good trades (which is difficult in itself), but still not be profitable because our trade management skills/techniques are simply not there. In this post I want to talk about the easiest way to manage trades. (Before we start we must mention that an actual EASIEST way is hugely...
After previous trade failed to keep going short, we mentioned that we'd likely get a bullish 1H candle (that at a time was against us). Well now price is printing a possible quick Long. Already in.