Robert, nice trading!

Robertczeko 

I dont know if I will appear here during this week, I have to finish lot of work before we will leave our country because of incoming vacation. I am sure, that I will be back in second week of may. And then I will finally start my regular paper-trading. Have a nice day R.

Hope you had a great

Mike

Big Mike 

Hope you had a great Mike

Thanks Mike, we arrived this morning, full of great feelings and nice memories...looking forward to go back again in couple months . We were on Canaria Island - Fuerteventura.

I was still at home, lot of time spent behind computer during trading hours. I started finally my paper trading session to prove myself, that I did a progress in a positive way..but this day was for me something like a black-out.

I didnt analyze market as I should, during session I did lot of trades without specified entry reason, I was really upset on myself, I cannot afford such a behaving with real account. Good thing was, that I realized it and till the end of session I almost erased my mess with couple properly managed trades. No charts, only P/L result for this day.

R.

I felt much more comfortable during this day. I explored charts and all possible key areas before I started trading.
I am trying to notice everything imidiately I found it to my trading journal, sometimes comes too many informations that I dig out from market and if I dont write it, it has a bad habit to dissapear in nowhere.

The analyze of market was for me easy for this day, after open appeared strong move up - it broke yesterdays low ,when it came above yesterdays settle it gave me some "certainty" that it might continue for while when I entered to market. There was only one type of limitation, I was aiming with my profit targets very close below current high of day, it didnt give me enough space for better results.

trades

#1 entry: bounce from overnight high, PT: below HOD (16ticks)
there was no need to move my stop loss during trade, it was nice quick trade.

#2 entry: bounce from ema (RB10 chart) and from high of previous 30min candle ( I see this in a trend as a solid clue for next possible move), PT: again below current HOD (20t)
I had a slip on entry and after a while I had to move my stop loss, market went up without me.

This was end of a uptrend, around key area built from overnight high market reversed strongly. I didnt find more valid entry points.

R.

in afternoon I had to return back to my work, there was some problem, that I had to solve, I came back for last 30 minutes of market, but I didnt rush. After my analyze of market I found beautiful occasion for a trade, it might end much better, but my moves with stop loss are still like decisions from young nurse than sharp focused surgeon .

#1 entry: bounce from yesterdays settle, PT: below open ( 55t).
It was very easy to get close to my PT, but I failed with moving stop loss, it was too tight and against my rules.

Market didnt offer me more ocassions, but I was glad to realize myself in a such short time. From next week I will start to update my journal daily, thats all for now.

have a nice weekend

R.

what have I done..?!! Another day with such a load of trades, really bad trades. It was difficult to stop, to think wisely. I had a need to get back "my money" and I completely failed. There was more than my greed, I also didnt pay much attention what is going on in market, I took couple not valid signals, I browsed internet, watched movie...hmm what else. I am a good sample of a impatient person with many mistakes in behaving.

Here is my view on market, I hope you will share this fun with me ( I would kill myself for this!!!)

I set a new rules for me to stay away from all these unwanted temptations, I need to become more calm and confident in what I do during session and this should help me.

I spend now more time after trading with analysis what I have been doing in written form, so I am sorry, that I dont post each day, but it seems, that it helps me. When I am finished, it is time to go sleep because of subsequent inattention in work, which usually comes .

this day was much more better - not only in P/L result, but I was glad, that my new rules worked. I really caught lot of informations during session.

#1 was in "death zone" , I realized that too late. Signal had a small winning chance, because the market was in range and it formed tight channel, which I saw after the trade. I didnt have a chance to strike my stop loss, market was faster. Ema showed me inactivity of market very clearly, but I was provoked with quite a decent short day, I thought that it will try to make another low, filling the gap was closer .

#2 entry: bounce from open, PT: close to the low value of gap
it worked, but my feelings were unsure at the beginning. Price didnt show me enough activity, which I expected and I had to be prepared with my stop loss.

what about today...we had there some reports, but I saw usual moves of market, nothing strange. Open with decent gap, which is still not closed. I did only one trade, no valid signals, but last 30 minutes looked pretty good.

#1 entry: bounce from ema - from top of range, which was actually broken, PT: below current high.
I dont have much to say about this trade. Beginning without force, but couple moves created enough space for my stop loss if it would be necessary.


good night!

R.

hi traders,

thursday floated in very lazy rhythm ( last hour), there were couple reports during day, but I didnt feel any impact on market with catastrophic scenario. I made 3 trades, the last one I really didnt set as I wished, but my explaination(understanding) of pullback to ema was too raw. Now I fixed it and I will be more careful next time.

When I started to trade, market was in a decent range 98,70 - 99,60 , which was almost 100 ticks, but it is difficult to handle it sometimes with my experience. I chose to trade around high and low of this...channel?

#1 long entry: bounce from ema, PT: overnight low area
this trade was too agressive, I hoped for a breakout of range instead of waiting till it happens. I had a chance to move my stop loss in profit zone, but I wasnt very happy with my decision to enter this trade.

#2 short entry: bounce from ema, PT: low of the day
after entering the trade it turned against me so I scratched the trade, it was also not best timing to enter the trade..

#3 short entry: = #2 , PT: LOD
I thought that my entry is based on bounce from ema, but it was a breakout, the pullback should come and then I could enter the trade...yes, pullback appeared couple seconds after my failure. And the profit ratio of the move was beautiful.

P/L -5 ticks