Everytime when candles rise/drop through a FIbo level, I will wait for them to retrace back to level and rise/drop through the same level again. Then I will enter a call/put (kind of doing a trend re-entry) for 2-3 candle time, e.g. if using 1min chart, then trade for 2-3min expiry; if using 5min chart, then trade for 10-15min, etc. After practicing on this...
After further testing my 60s method during this afternoon, I decided to use my 60s method for both levels of Martingale. This will give me more stable and accurate results. However, it has fewer entries than my 5min method.
I needed to recover almost all the 5min..... Gotta find some ways to improve this.
Can't sleep throughout the night so I started a session. Was doing quite good. Still have lots of room to improve my 5 min strategy. For the last trade, I just entered a 60s trade directly. I was thinking "if my 60s strategy is more accurate, why don't I use it as my primary trading strategy?"
Lost the first trading cycle (almost took the profit I earned this morning). Then I calmed myself down and wait for the next trade. Emotion contol is still a hard thing to learn but I think I'm improving now. As long as I know, with the method I use (from previous stat), I will make a profit in long term, the fear of loss just disappears.
Right now, BinaryTilt is having higher payout % (80%) than other currency pairs. So far so good!
Just switched to BinaryTilt. So careful this time but still for both trades, I needed to do recovery. Both ended up ITM. The platform is pretty good.
Gotta close my GOptions account. For these winning trades, GOptions lost my money for inacculate entries.
Just got some time before dinner. PS>> Really don't like GOptions to ask me to log in every hour.
After the night session yesterday, I did lots of practice again. Didn't get as good as some previous practices. So I was kind of lacking of confidence before this session. That is also why this session is comparatively short. Still gaining money for my real account. Not that bad. Just my emotion is not good enough. Need more practices to calm me down.
Another real trading session. So far so good. Each session took me about an hour and earned me net profit around $15. For this session, there were more entries and actually I should have earned $10 more. However, for the first trade of this session, I though it was going to lose so I entered a 60s recovery (with $10) within the 5min. It turned out my 5min trade...
Went for a real trading this time. Chose to trade EURAUD as it seemed more stable than EURUSD using my new way of trading.