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- TheSpoof replied Aug 13, 2019
I am likely to do the same thing without the dog though
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 13, 2019
Not much you could do about it. Not having trades on 2 yen pairs unless you split your risk between the two could have saved a bigger loss
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 13, 2019
A lot of people like to get all caught up in the "why's" of particular price action for some reason
Spoof's Trading Made Simple(r) JournalI couldn't care less. It happened, it's in the past and offers absolutely nothing helpful towards future trades. Waste of energy if ...
- TheSpoof replied Aug 13, 2019
I am not sure...I haven't experienced any repainting. Also, just a tip for you...you took that trade when price was awfully close to the SAR. As the SAR and price get closer there is very likely going to be a change in direction...which you just ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 13, 2019
Condolences to you guys that just got stopped out of your Yen shorts. Got to be careful when price is sideways and the candles are small. You cannot have stops that are too tight like many of you showed on your charts. Regardless, the current candle ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 13, 2019
I am really tempted to take the rest of this month off, folks. Take my 1R profit this month and be happy
Spoof's Trading Made Simple(r) JournalPrice action is absolute crap on the pairs I am trading. Of course I will do that and then the nice big moves come! Just my luck. We ...
- TheSpoof replied Aug 13, 2019
There are some bad entries in there especially with the large candles. Stops weren't effectively trailed to shed risk and some of those trades you could have gotten out at the color change in candles. Now that being said, if you had read my first ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 13, 2019
Signal Candle: For long trades the signal candle is the first or second green candle to close above the HMA and the smTMMS oscillator is green. For short trades the first or second red candle to close below the HMA and the smTMMS oscillator is red. ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
Probably a wise decision
Spoof's Trading Made Simple(r) JournalLots of far better trades to come. Protecting our trading capital is extremely important and getting out of a trade when price is stalling is perfectly fine. If a re-entry presents itself then go ahead and get back ...
- TheSpoof replied Aug 12, 2019
I closed out for a small profit. Price is stalling so I’ll get back in on a continuation signal rather than potentially take a loss if price goes up.
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
Watch the EURUSD guys! We are going to get a break of this range but it could be a false break or a huge move. Risky business here with these conditions. If you are hellbent on trading this, I would wait for a break of the range, then a retest of ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
The smTMMS oscillator was red when I entered. See the post above.
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
Anyone in the AUDJPY short should watch their stop closely to protect capital as we could be in a range right now with price coming back against us.
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
Closed manually or trailing stop?
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
AUDJPY was taken on the 3rd red candle when the oscillator confirmed and the HULL was down and red so it is an OK trade - not optimal, but OK. The USDJPY is a different entry method that I use but haven't shared.
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
I'm currently short USDJPY and AUDJPY. Stop is moved to 50% risk on AUDJPY via the parabolic SAR with price just stalled at 1R profit level for the last three candles and USDJPY is still at full 1R stop presently in a small loss. I may close out the ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
EURUSD is a sideways mess at the moment. The range will break eventually but when, which direction and how far is anyone's guess. Off to another slow start to the trading week. I guess this is what August trading gives us
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
FIX YOURSELF "The most astute traders and investors are the ones who learn this lesson early. They are always looking to themselves to correct mistakes. This means they will eventually clear out the psychological issues that prevent them from making ...
Spoof's Trading Made Simple(r) Journal
- TheSpoof replied Aug 12, 2019
ON MULTIPLE POSITIONS "There is one kind of exit that is designed to get rid of losses, but it totally goes against the golden rule of trading, which, as we’ve said, is to cut your losses short and let your profits run. Instead, this exit produces ...
Spoof's Trading Made Simple(r) Journal