idiot. I think my very first view was right: bearish bias. Out of long
Type: Posts; User: Vinke
idiot. I think my very first view was right: bearish bias. Out of long
Out of short with a Reduction.
Appears like prejudice has shifted to bullish due to 1,2,3 about 5 minute chart. Await the pullback and get in long
Today's pivots:
R3: 155,19
R2: 154,23
R1: 153,26
CP: 152,66
S1: 151,69
S2: 151,09
S3: 150,12
my views have shifted . Previously I was going to be quite structured and so called apparent thinking etc.. Day, tried that egy for a single and it did not work. Ie I spend too much time...
I thought using a journal would help me with my analysis and discipline. My analysis is excellent, but execution is poor. Will this journal a rest and work on my execution of transactions.
Right it bounced back to CP; now what?
Not comfy S2 profit target target to to 147,30
What do I? Take my 10 pip profit or allow it to operate
Didn't reach CP from 4pips. It doesn't turn around and hit it.
Short, target S2
Trade at your risk
! ! Wait before jumping in again. Analysis is great but execution is very bad
Reflection: patience, today it's at S1; bailed out early. At least not losing money, but again not making it. If each time I put a trade of 10 pip profit, I would readily make my daily target.
Overall Tendency is bearish, but Can Wind then down and up to CP again
Ranging now, so just scalp
Hint: what struggle to acquire S1 (did not get there by 5 pips). Should have taken 10 pips profit and bailed out.
Mistake: didn't take order on the retrace, and thus missed 5 pips
long till S1
Typo Previously: S1: 147,35 and S3: 146,53
From 4 hourly chart over past five days, as above, it looks bearish without the change of trend management.
When it drops under S1 (1148,17) in the morning, it could go to S3 (16,53).
...
https://www.nigeriaforextrading.com/attachments/1524805433.jpg
Daily pivots:
R3: 148,88
R2: 148,52
R1: 148,17
CP:147,70
S1: 147,35
S2: 146,88
S3: 146,53
Reason for my diary:
· To help me explain my thinking, especially on set ups and exits
· To help me along with my trading discipline to stick with my principles
· To help...