64 pips

64 pips

First trading day in March

First trading day in March

Longs Eur/Usd

Had few problems with too ealy long positions taken.
- nervous and doubts for two hours if analysis is correct
- too early exits, because of this two looong hours (adding would be great)
- late entries (higher risk)

London Range

Ranging market through whole London session. More trades could be taken.

Lucky one?

The last heavy down push.

EUR/USD Slow trend

Though slow trending market it was a nice trading day. Not to many positions was taken, most of the time just managing (slightly higher risk percentage could be taken on such days).

Eur/Usd

Wrong Analysis

It is ok to have wrong analysis (sometimes). With proper money management and stop-loss orders we are safe.

Eur/Jpy

Better if: - entries taken a bit earlier (closer to support). I was waiting for some confirmation.
Good: - with second stop-loss hit, EJ  was put on watch list (no revenge).

Eur/Usd

Expected some nice trend (5 min chart), but I misjudged strenght of Euro on Eur/Gbp pair and I became prisoner of the range.
Good: taking profits
Not good: - see screenshot
                 - trading to many hours

Gbp/Usd

Exits were too early ( misjudge of strenght)

Trading day ends with  +30 pips.

Forex Volume

Very nice signal confirmation offered by volume.
Before London open another short position was taken (because target was not reached yet). Half of added position was taken out with a small loss (nervuos price action after London open and to reduce risk). With the remaining positions target was finnaly reached.

Gbp/usd

Overtrading

Too many entries in too narrow space.
Later some exits were made to reduce risk exposure. The rest was hedged, but stop-loss could be moved to break-even or better.
Results of overtrading: A lot of effort for a little reward. Well, at least my broker can be happy with earned commissions.

Eur/jpy

EUR/GBP , EUR/USD , GBP/USD

Trading too many currency pairs at the same time.
Result: Not fully focused, arbitrary exits.

Eur/gbp
First trade was ok (down trend continuation from yesteday). Exits? Before target.

Eur/usd
Late entry, early exit

Gbp/usd

Overall good results.

EUR/JPY Morning Range

First entry was too quick.
At grey rectangles wasn't really sure where we are going, so decision was "stand aside". Later on I took another four very quick trades and closed them with +3, -2, +5, +7 pips.

GBP/USD

Some nice and safe scalping entries offered by London session. I was not focused this morning so I finished with just one trade. Still happy with that.

GBP/USD

Entry half hour before Frankfurt open.

GBP/USD

Not so smart: Trading against clear direction (wider range).
Smarter: Stop-losses moved closer, being stopped out, Entries "go with the flow".

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GBP/USD Frankfurt open / News Trade

Frankfurt open

News within the range (range wins)