I took 4 trades so far today. 2 wins and 2 losses. I didn't hold my winning trades long enough though and closed one out too early by moving my stop up to protect profits too soon. Total for the day is now -10. The first chart is the EU 5 min. The ...

trublu's trading journal

Only one trade today as I wasn't watching the charts closely enough. Got out at +1 on a EU scalp. Probably shouldn't have taken the trade, it ended up going more in my direction but it wasn't a good entry signal so I wanted to close with at least ...

trublu's trading journal

They are negatively correlated so they go in the opposite direction at almost all times, so if USD/CHF is rising then most likely EUR/USD will be falling and vice versa. Because of this some people trade both pairs since if one goes up, odds are the ...

Interesting Picture, 2 identical currency pairs!

Thank you so much Vantage , these posts are invaluable. One thing I need to focus on is the 1 hour overall trend and area on the chart. I get too caught up in what the candle looks like and not what areas price might go to or where I ...

trublu's trading journal

Hey Vantage I've attached my chart showing GU yesterday during the London session. I've only noticed 2 good signals that seem to be maybe what you're talking about. The first is the shooting star on the left (1st arrow) with the down trend. The ...

trublu's trading journal

Thanks for the recommendation, that's one of the threads I make sure I read everyday, with you and Islander posting there it's well worth it and anyone interested in trading the short time frames should take a look. That thread and the psych level ...

trublu's trading journal

After reading Vantage's posts and thinking things over I've started writing out my new trading rules. I found an old document on my computer from when I was trading pullbacks to the MA's/Psych levels and trading candle formations at those levels. I ...

trublu's trading journal

Thank you for all your posts Vantage. Don't worry about spelling, I've understood all you've said. I've got a lot of work ahead of me and I'm looking forward to it. Have a good day and now I'm off to research more and find out what works for me as ...

trublu's trading journal

Thanks for the tips Vantage. I think I should spend more time not only watching charts in real time but looking over the trading time I was at my computer and see where good entries occurred and if my system would have gotten me in any of them or ...

trublu's trading journal

Thank you V for your posts. I definitely need more chart time. I haven't thought about looking at what time the markets moved a lot or how far they went, seems like an obvious thing to look at now. I'll check out the vsa thread. Thanks for the ...

trublu's trading journal

Thank you Ryan for your posts and taking the time to post here and congrats on being the first person besides me to post in my journal haha. Also anyone who likes trading the short time frames or trading at all, read all of Ryan's posts (most of ...

trublu's trading journal

This post is about psychology and how psychology is in my opinion the hardest part about trading. KenLee just posted a great post in the motivation thread that everyone should read. Also ryanmcd posted a video of Mark Douglas which I recommend. So ...

trublu's trading journal

I've been reading a book by Al Brooks called Reading a price chart bar by bar or something like that. It's a good book and he seems to know what he's talking about but it's absurdly hard for me to understand. He uses names for patterns I've never ...

trublu's trading journal

Even more frustration as if I needed more. I'm going to post some charts of why I feel this way today. The first chart is the EU 5 min chart where I entered 2 trades and lost them both. The first arrow is a LH where I shorted and put my SL at the ...

trublu's trading journal

Frustrating day so far, down -31, failed a couple of EU and a GU trade. Just seems every trade I take loses. Missed a crazy drop on GU. trublu

trublu's trading journal

I just wanted to post my thoughts for today and this week overall. Today I'm not entirely thrilled with my trading. Yes I did finish with positive pips but only 5 and only one trade when there were so many more chances to trade. That being said I ...

trublu's trading journal

One trade so far today, quick scalp on EJ for +5, it was a 1min HL after the big up move and then price retraced to the 30 EMA on the 1 min and formed a HL. At the highest point I was up 14 but I didn't want it to become a loser so around +8 I moved ...

trublu's trading journal

No trades yet today since there was some big news out and the market is not trending at all. Just not seeing any setups yet so I'll wait and see if we can get some good trends going. If not I'll watch tonight and see what I see. trublu

trublu's trading journal

Only one trade this morning but it was a good one. HL on the 5 min EJ out for +42 when price starting retracing off the 25 psych line. I'm happy that I let this trade run but I missed a HL on the EU and an add on trade on the EJ 1 min. The new ...

trublu's trading journal

Missed the first couple of hours on NY open but have been trading the last 3 and a half or so. Not taking as many trades as I should have but took some decent ones. As of now +9 for the day, I'm going to keep watching the market and might take some ...

trublu's trading journal