DislikedNZD/JPY
SHORT
Still wating for bar to close like this. It is 4H so I am in a little hurry with it
December 29, Order filled.
Sell NZD/JPY @62.47
Ignored
December 30, 2010. STOP.
Trade Result: -$888.31
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DislikedNZD/JPY
SHORT
Still wating for bar to close like this. It is 4H so I am in a little hurry with it
December 29, Order filled.
Sell NZD/JPY @62.47
Ignored
DislikedMan, I read through your thread and find myself making the same mistakes. lol
I am not yet a member of J16 PF but am planning on it once I get a bit better.
I wanted to ask though, what you meant by not fading a BUOB on your last trade?
Hope you the best. And hopefully I will see you on J16 sometime soon!Ignored
DislikedIgnored
DislikedHERE I WILL POST MY FOREX TRADES TO ANALYZE MY PERFORMANCE, LEARN FROM MISTAKES AND IMPROVE. METHOD USED IS J16. MY STOCKS SWING TRADING PERFORMANCE IS HERE
ANY QUESTIONS OR SUGGESTIONS ARE VERY WELCOME http://cdn.forexfactory.com/images/s...im/winking.gif
TRADING PLAN (short)
Complete 20 trades on demo account using the following criteria:[list=1][*]Time...Ignored
DislikedHey Adilius,
You either need to update your trading check list (trading plan) or follow it more closely.
I see trades on the 4 hour time frames and some breakout trades that is not mentioned in your trading plan, not taking full position at FTA or next S/R, some setups not at swing points, etc.
I think a good place to start is to fine tune your trading plan and begin again.
JimIgnored
DislikedWhy are you buying EUR, mate? EUR is still the weakest currency on the market.Ignored
DislikedThanks for your post Jarroo. Yes I chosed to use 4H too (forgot to update this info here). Because I thought for me is more important to learn now, even if I make tons of losses, in the end who cares this is demo I must learn from each trade! And trading only daily/weekly - is really having only a few trades (so less trades less I learn). This was my logic to choose 4H too.
When I move to live I will stay with Daily/Weekly for 3 months for sure (at least) Now I want to learn.
And yes, I need to rething my trading plan. Maybe I should leave less...Ignored
DislikedYes, that sounds good.
Also, when you select the trade you are going to take . .note the parts of your trading with the post, note all the confluences, etc., . . not just the entry, target(s) and the stop loss.
It helps to confirm your trading plan and sticking to it.Ignored
Dislikedyes thanks Jarroo. I was also thinking maybe to add something like "at least 2 confluences to be a valid trade" like BRN and SR. Well yes need to do some thinking and replanning. Thanks.Ignored