With how poorly I've done this week, I'm sure I'll end up taking some collateral damage from this fight. Lol

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The action was just to slow for me tonight... I bailed on this position for a 7 pip win... I'm getting tired. Might just call it a night.

Nate04's trade journal to making money or wiping out a small account

Nice!

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Just took a 7 pip win on my long. Just not enough action for me, so I'll kick back and relax the rest of the evening.

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In addition, with the hammer, I entered a long position @ 1.0461. It was taken almost immediately. Using a 30 pip sl, and a 40 pip tp. Not really a great r/r, but I can't see this going over 1.05 this evening.

Nate04's trade journal to making money or wiping out a small account

Exited at the end of the next candle. a hammer set up, so I took a small 16 pip loss on this trade. New balance: $143.5887

Nate04's trade journal to making money or wiping out a small account

You see it as a Doji??? Albeit not a very good looking, I'm seeing a hammer... ????? Granted I'm not a master at play action or anything.

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4 hr bar ended up being a hammer. I exited my short, with a 16 pip loss. Re-entering long @ 1.0461. Seeing if I can get to 1.05 on this trade.

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I hate these consolidating areas. I get absolutely killed in them. My signals (like most signals) are worthless in these area. Here is where I possibly come into another confusing area... IF this candle closes as a hammer, do I close my short for a ...

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Yes, seems to be changing quickly... Still 30 mins to close.

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The 4 hr chart is starting to look like a flag setup... Which sucks, because of course, I'm short right now. If the 3pm candle forms a hammer, I'll be out.

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At 11am I put in a sell order which was taken. Short AUD/USD @ 1.04406 SL @ 1.03956 SL to BE @ 1.03956 TP @ 1.03606

Nate04's trade journal to making money or wiping out a small account

Crazy... I would have made my 80 pip goal if I would have hung in there, and wiped out my losses from yesterday. I just couldn't do with the news coming up though. This is the novice in me that still shows though from time to time.

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I got out before the news at 6:20am. Made 25 pips in that time. I just had a feeling madness was on its way. I was right. So a small win... But after yesterday, I'll take it. New balance...$144.3797.

Nate04's trade journal to making money or wiping out a small account

I had a long open because of the hammer a couple of 4 hr candles back. Closed it for 25 pips. Don't want to mess around with the news.

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Muppets? Really?

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Trade was taken. Long 420 units @ 1.04857 SL @ 1.04334 SL to BE @ 1.5256 TP @ 1.05656

Nate04's trade journal to making money or wiping out a small account

Got a hammer on aud/usd. Put in an long order @ 1.04856. Again, I'll check in 4 hours to see if it gets taken.

Nate04's trade journal to making money or wiping out a small account

Still an hour away from close, but my current 4hr candle is forming a nice looking hammer.

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Its easy... I used to be you. As you can see today, I lost twice. No biggie. I had won 6 of 7 previous to that. Like I said before, I give it a few minutes for emotions, then move on. Mechanical.

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