Uncle's Trading Journal

Quote from Uncle:

out 1.4799 -- think i should've stuck with it a couple of more pips
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I had taken a couple of trades earlier that (took a short early in the morning and then took a long later in the afternoon)..

after this trade, I am currently at 20,300.. (still no withdrawal -- kind of annoying that they haven't withdrawn my 1,250 yet)..

let's see if this time I can get it to 21k.. one more good trade..

which btw is the name of the book "one good trade" that every daytrader should read..
 
violent downturn here 22 pips from 1.4810 to 1.4788 -- re-entered my original trade not looking to be too greedy here -- maybe 5 pips on both stop and target from here 1.4789
 
Quote from Uncle:

violent downturn here 22 pips from 1.4810 to 1.4788 -- re-entered my original trade not looking to be too greedy here -- maybe 5 pips on both stop and target from here 1.4789
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chickened out and exited 1.4788.. feels like i'm in a poker tourney and playing too tight with 5 tables to go..
 
going to be patient -- wait for the breakout here -- silver is holding up after the mini-crash later in the day.. so should bode well for EUR but feels like things are getting out of whack so plan is to watch patiently and wait for a good set-up..

a buy where I can call below 1.4865 my stop or a sell above 1.4810.. best though is being able to quickly catch and ride a breakout.. preparing myself mentally for a break to the downside..
 
Quote from Uncle:

fake breakout to the upside? taking a short 1.4794.. stop above 1.48.. biasing my trades with my predispositions?
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out 1.4789
 
be patient be patient be patient.. fighting urge to go long here at 1.4784

Edit: too dangerous to go short also.. wish i stuck with my original short a little longer
 
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