Jeys Trading Journal

[Nephlyn]

Well here goes, my first diary in FF.

[Nephlyn]

Let us take a peek at what you're doing, good or bad, and also put you on the way to profitable. Thank you!

I am planning to place my trades here. Appreciate your inputs. https://www.nigeriaforextrading.com/attachments/1528073632.jpg

[Nephlyn]

Eu 4 hours tf. Stops are just below the 38 fib level. TP at mid ring of BB which is at a confluence using 23 fib.
https://www.nigeriaforextrading.com/attachments/1528073639725894397.jpg

[leimekennl9]

Eu 4 hours tf. Stops are just beneath the 38 fib level. TP at mid ring of BB that is in a confluence using 23 fib. Where did you draw your fibs? I.e., what were your two points?

Additionally, Idre just took this particular trade a couple of hours back and you can read about it within my trading journal. I gave her some thoughts about it that you may also find helpful.

Good luck on this one, I hope we see it push in your middle BB, for your own sake, but I am short from that last swing high so I expect it instantly reverses until it takes my stophttps://www.nigeriaforextrading.com/attachments/1528073633.jpg

[Nephlyn]

Hey G, I pulled the fib on Daily tf. I believe I could be wrong though about accepting this trade. I could have forced this transaction.
https://www.nigeriaforextrading.com/attachments/1528073641422240493.jpg

[leimekennl9]

Hey G, I pulled the fib on Daily tf. I believe I could be wrong though about accepting this particular trade. I could have forced this transaction. You're in your demo period, so don't sweat it. It is good you pulled the trigger. Win or lose while you are in demo, you will learn something from this transaction. And that is now.

No, its not an ideal set up, but it could still work. In any event, you can draw on the experience from this one and compare it to future transactions.

[Nephlyn]

Yes thankful and its demonion for virtual platforms. They are the best thing since sliced bread. Your best, win or lose, I'll learn from this. And priceless. I, however, can improve in my entries. Need to learn how to pass less than A transactions. Easy to say, difficult to do https://www.nigeriaforextrading.com/attachments/1528073634.png

[leimekennl9]

Hey G, I pulled the fib on Daily tf. I believe I might be wrong though about accepting this trade. I might have forced this transaction. If you look six pubs inside that upswing then you'll encounter two red bars. If you draw a fib there to the top of the green pub before the two reds you may see it touched the 38 retrace on the second red bar. It did not close below it, but we want to respect that touch.

If we draw a new daily fib from the bottom of the red bar to where you have it today, you'll see you are in a 61% retrace of the move.

You are at 38 percent of this big move, 61 percent of the smaller move: Confluence. You've got a BRN beneath that place for support too. More confluence.
Now this is the question, if you would have known that ahead of time, would you have taken this transaction much earlier? (Please answer yes).

When you have a strong place like this based on the daily, you are just too off to take this commerce back in 3510 as you are where you entered. But before you choose a trade that ancient, you have to know about it ahead of time.

Do you done this, you would have already taken off 50 pips, versus sweating out your entrance right here.

Again, good stuff. Do not sweat the entrance and consider what I just wrote for your next transaction and begin planning the next trade today.

[Nephlyn]

should you look six pubs inside that upswing then you'll encounter two red bars. If you draw a fib there to the top of the green pub before the 2 reds you may see it only touched the 38 retrace on the 2nd red pub.... Yeah definitely see what you mean . If I'd known earlier would have entered much earlier at the 38 / 61 confluence area and perhaps take a few off the table probably where my current entry is at the moment.

[Igal26]

Am watching this and Gejordan journal.awesome stuff.
And also Gejordan am a Hehttps://www.nigeriaforextrading.com/attachments/1528073634.png

[leimekennl9]

Am watching this and Gejordan journal.awesome stuff.
And too Gejordan'm a Hehttps://www.nigeriaforextrading.com/attachments/1528073634.png Sorry about that Idre, the her was referring to a part of the remark I deleted before submitting. I initially had some comments about my wife in between those paragraphs, but I guess I missed that sentence when I deleted the other stuff before posting. She yelled at me for including her in the discussion.

[Nephlyn]

'm seeing this and Gejordan journal.awesome stuff.
And also Gejordan'm a Hehttps://www.nigeriaforextrading.com/attachments/1528073634.png Thanks Idre and all the best to you as well. Ge is doing a great job with his diary. Hope we could keep up with the speed and enhance.

[leimekennl9]

Let us take a peek at what you are doing, good or bad, and also get you on how to profitable.