My Forex Journal

Cswim63 said:
Apologising up front for my ADD-_discretionary trade? You probably said so somewhere. Any impulse on aud break? Trading any differently given US closed tomorrow? Thanks-- Swimr.
More...
Welcome to the thread Cswim63. Not trading differently but since my strategy filters this in there will and are less trades than normal.
 
victorycountry said:
One hour prior to London session opening,
Looking at the daily chart, there is a sign of strong bullish sentiment although prices are currently making upmove.
Both in 30 minute & 1 H chart, prices are touching the resistance but both charts show that prices have gone into bullish segment.
Not to mention 5 minute charts, prices have already gone into bullish segment and prices are approaching another resistance...

Anyway, it will become more clearer in London opening...but if the uptrend continues, it appears the next resistance is 1.10200 area.
More...
When you have a strategy that is proven successful you have to follow the strategy, you have to follow the signals. On different time frames you will see conflicting signals... but for me my job is to follow what I know works. It could be a losing trade.... but it does not matter... in the end overall what matters is the final result. I have a long signal too on my other strategy...but on this one it is short, win or lose. I believe the trader should be like a robot no thinking just executing what is proven successful, that will give you the final number at the end of the month.
 
wizard4444 said:
When you have a strategy that is proven successful you have to follow the strategy, you have to follow the signals. On different time frames you will see conflicting signals... but for me my job is to follow what I know works. It could be a losing trade.... but it does not matter... in the end overall what matters is the final result. I have a long signal too on my other strategy...but on this one it is short, win or lose. I believe the trader should be like a robot no thinking just executing what is proven successful, that will give you the final number at the end of the month.
More...

Yep, you're right, I agree with you...I wrote it wrong

Looking at the daily chart, there is a sign of strong [bullish]=>"bearish" sentiment although prices are currently making upmove.

Now, the sentence sounds more make sense :)
 
Watch this level (1.1000)....if it closes above there is a chance I will close the trade
 

Attachments

  • EURCHFM30.png
    EURCHFM30.png
    31.8 KB · Views: 36
You must log in or register to reply here.
Back
Top