31 January 2012 Live trading
Today i monitored market almost all day long. Made a break in lunch time.
Then i spoke to my mentor and missed some setups. So, i'm missing trades for 2 days in a row. Let's see what tomorrow brings us.
Today i monitored market almost all day long. Made a break in lunch time.
Then i spoke to my mentor and missed some setups. So, i'm missing trades for 2 days in a row. Let's see what tomorrow brings us.
Today i monitored 3 possible FMT trades. In all cases i was scare to trade setup. And all 3 trades paid well. So, i should play FMT while big trend is present. Even if FMT is near day high/low.
Today i placed the trade right after London open. Actually price was at range. So i supposed that price will break Asian low.
Price reversed and i got stopped out.
Total for the day =-1,1R
Total for the week= -0,8 R
Today i made 3 trades. In first trade i was wrong with putting stop loss. So, it got hit and with correct placement i would made 2R with that.
Second trade was not FMT, but my own trade with TREND. Closed it for +1R
And i made a profit for the day at third trade. Closed it too early. With correct trading i should made 60 pips for today, i have made only 17.
Today i've made 1 trade. I violated rule, did not pay attention to ADX on 12 min chart. So, this trade was unsystematic.
Stopped out -8 pips.
Also my mentor did well in this range market, trading 1-2-3 setups.
Today i've made 1 counter trend trade. Actually Ace trade.
Closed it almost at BE.
Then i had problems with internet connection. So, no further trading.
Today i've made 1 trade. My entry was not according rules (i've lost patience), but then price printed confirmation candle and i stayed with my trade.
Close it at Take Profit + 20 pips.
Week results:
5 trades
2 winners , 1 loss , 2 breakevens.
Pips: +31
Today i made 2 trades. Both closed at BE.
If i managed trades without breakeven, first trade was 2R profit, second 1R loss.
Slow day today.
Today is holiday in U.S. I traded European session. Daily range was narrow. I've got stopped out.
-0,9 R
Today i've lost good opportunities to make money.
Ended day almost BE.
On 1 min chart were 6 good entries.
I need more focus.
Today i had good day.
I missed several trades, while speaking with mentor. 2 trades was profitable FMT trades with 2R reward.
Then i made mistake and trade FMT, 2 seconds before bar closes, and bar closed like doji. So according to the rules i should missed it. This trade was loss.
Next trade was superior for me. Price made a new day high. Then pulled back to previous highs, R1 levels, printed good looking 2 min bullish bar ADX on 3-12 min was with trade. One little hurdle - price was too far from ATR, but i saw the strong trend and pulled in. Paid me with 2R.
Today i've made 2 trades.
2 trades according rules.
First trade FMT from 1 min chart - loss trade.
Second trade was 3 min FMT. Trade with 2R reward.
List of musicians that i like:
1. Ludovico Einaudi
2. Tom Barabas
3. Danny Wright
4. Michael Hoppe
5. Kevin Kern
6. Nicholas Gunn
7. Bernward Koch
8. Andre Gagnon
9. David London
10. Deuter
11. Ah*Nee*Mah
12. Yanni
13. Chris Spheeris
14. Medwyn Goodall
15. Gomer Edwin Evans