Got slaughtered last night. Like Jesse Livermore, I want to thank the market for the lesson and my loss. I need to re-evaluate my plan and adjust.

Chinocop's Forex Fiasco

Got stopped out. Looking for another long entry around 113.

Chinocop's Forex Fiasco

In on E/J at 113.401 target 114.207. Let's see how this goes.

Chinocop's Forex Fiasco

I need to start following my scenarios. I would have netted 118.1 with 3 wins and 4 losses. That's the type of performance I can accept. I need to have more faith in myself. Here's how I did this week ... definitely not as great as I would have ...

Chinocop's Forex Fiasco

I actually like the price action on E/J and I would take a long position based on the charts; however, since it's Friday there's a good chance that I would get stopped out because of weekend game playing.

Chinocop's Forex Fiasco

Tried a small scalp at 114.111 but stopped out for .01. I don't like OPEX games and POMO day; although, I should have let the trade run. That's ok, I'm beginning to realize that I'm not the scalping type.

Chinocop's Forex Fiasco

Ok, moved my order down to 1.591xx as I don't like the fact that price consolidated around 1.5977x above the support shelf where I was looking for a bounce.

Chinocop's Forex Fiasco

Looking to go long G/U around 1.596. Nice little support shelf that coincides with a 38.2.

Chinocop's Forex Fiasco

Didn't get much for E/J.

Chinocop's Forex Fiasco

Back in E/J. Two nice hanging men on the 15 minute. Let's see if price continues on its previous trajectory.

Chinocop's Forex Fiasco

Got in at 1.5920 and got stopped at 1.59663. Can't win them all. Nothing like a nice loss to knock you back into reality.

Chinocop's Forex Fiasco

Whatever direction A/J breaks, the consolidation will make for awesome support or resistance.

Chinocop's Forex Fiasco

Here's what I see on G/U.

Chinocop's Forex Fiasco

Pipped out on my G/U short. Looking for an entry around 1.5920.

Chinocop's Forex Fiasco

Was a little lazy. Here are the results on my first G/U short.

Chinocop's Forex Fiasco

Got in on E/J at 113.49 around 00:57 PST. Sold half at 114.089 and moved stop to breakeven.

Chinocop's Forex Fiasco

Here's what I'm looking at on E/J.

Chinocop's Forex Fiasco

Missed my entry on E/J by a couple of pips at 114.50. Looks like I'll get another chance to short.

Chinocop's Forex Fiasco

Got back in again at 1.59054 and took 1/2 profit at 1.58825.

Chinocop's Forex Fiasco

Sold 1/4 at 20 pips and got pipped out. Wasn't around for the ramp job.

Chinocop's Forex Fiasco