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  1. momoNY

    Forex price action trading

    Managed to put a scalp short at 1.2445 out at 1.2436. Challenge: a little more than +$10! Expecting the market to go down, will short again for a short term play if it gets back to 1.245 target 1.238.
  2. momoNY

    Yukoner's Psychological Trading Journal

    If I may suggest one idea you should think about. It seems that you are down early in the day pretty often, that could be a big problem to overcome, your mental is down from the start. May be you are rushing too much to take a trade. Why don't you start with a high probability trade first. Take...
  3. momoNY

    Forex price action trading

    out at 1.24435 +115. Challenge: -$75. Should be happy, but...! Next week: it will go down to 1.2380, then go up to ? I am turning bullish after this crappy behavior. This is not how it should behave if it wants to go lower. I will be a buyer if it gets to 1.;2380 stop 1.2355 target 1.28! It...
  4. momoNY

    Forex price action trading

    Stopped out -$80. Getting back in at 1.2432 target 1.2452 stop 1.2425. Last trade of the month. Will stop my challenge, I will go back to trading very light and longer term, I am exhausted, I have a lot of work pilling up and it is not good to trade is a stressed environment. Will post less.
  5. momoNY

    Forex price action trading

    Trying to break even for the week! Another odd idea. Long 2 positions 1.2435 stop 1.2427 target 1.2446.
  6. momoNY

    Forex price action trading

    Last night was very tough, my ill-planned long positions were stopped out at 1.2441, for a loss of 26x2 + 15x2 = 82 pips i.e. $410. I saw the pullback was not serious, on every time frame there was not a shadow of follow through for any push down, so I went long again 2 positions at 1.2436 and 2...
  7. momoNY

    Forex price action trading

    I think my problem is trading too big for my account. I have 4 positions; $200,000 for an account of $5600! That's what makes me focus more on the money than on the chart. Will go back to maximum two positions. Thanks, your comments are very welcome. Enjoy your dinner. I don't celebrate...
  8. momoNY

    Forex price action trading

    I have been there once may be 5 years ago when the kids where babies! Parades are not my stuff. Taking a look at the euro, I am screwed I think! I added 2 positions long at 1.2456, stop 1.2441 target 1.24886. I am starting to think money; it is very not good. If I loose on this trade I will take...
  9. momoNY

    Forex price action trading

    Good for you! The first pic is great. I don't know the band, I'll check it. Happy Thanksgiving to you and to all the viewers.
  10. momoNY

    Forex price action trading

    The chart.
  11. momoNY

    Forex price action trading

    Long 2 positions at 1.2467 stop 1.2441 target 1.251; limit orders to short at 1.252 and1.2535.
  12. momoNY

    Forex price action trading

    Closed both for a total profit of 36 pips. It should go up a little and then down if it wants to go lower otherwise we will be stuck in a range bound market for another week maybe, or I am wrong! 32 trades, Profit: 1305 losses: 341 pips P/L: 966 pips 21 winners, 11 losers. New challenge: -$480
  13. momoNY

    Forex price action trading

    Closed the scalp, improved my first entry to 1.2495, my second was at 1.251. Descent entries. Will add to short at 1.2535.
  14. momoNY

    Forex price action trading

    That's too high bro. I said before 1.2535, I stick to that! It may get there, but missing a trade for 10 pips ... trying to spot the exact top is not worth the stress!
  15. momoNY

    Forex price action trading

    Added another short (probably a scalp this one) at 1.252, too impatient I would have had all my entries as predicted. Will see how it unfolds.
  16. momoNY

    Forex price action trading

    Ooops chart
  17. momoNY

    Forex price action trading

    Closed the wrong position, just to reopen it one pip higher. Changed my mind will stick with both positions. first 1.2479 and second 1.251, target 1.223, stop 1.2604. Learning to pray!
  18. momoNY

    Forex price action trading

    Short one more position at 1.2510 will close it at 1.2480, a scalp, not a position, this is just to improve the entry price of the first position. Too impatient again!
  19. momoNY

    Forex price action trading

    Agree! I am not biased, I rushed too soon. The trend is still down it needs to break 1.26 to be up and that's a big resistance. I think it can go a little more up and then come back down. Hope I won't give away everything I made! The second trade I made was at 38% retracement, it was ok, but the...
  20. momoNY

    Forex price action trading

    shorted again at 1.2479 stop 1.2604 target 1.223. Will short one more position if it gets to 1.253
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