Vickys Experimental Trade Journal

The question is the reason why a journal? Well three reasons:

1. I am a not a. My friends keep telling me shoot notes, Take notes and that I keep them just to loose it heaps of information on my desktop, simply to be deleted afterwards. https://www.cliqforex.com/attachments/1527993580.png

2. Maybe not a very good memory. I keep forgetting I required a transaction. Https://www.cliqforex.com/attachments/1527993580.png
I recall telling a person abt a bearish Gartley on EU, simply to take a bullish trade in the future some other idea I had. Https://www.cliqforex.com/attachments/1527993580.png

Does that make me a poor at organizing or at trading? Just a tiny bit of both I guess.

Thus, this diary for me is to organize my ideas. To know, WTH was I thinking when I took a winner or a loser.

My egy?

My egy is basically only fibs and some TLs. It is based mainly off:

https://www.cliqforex.com/general-fo...ction-cpi.html

and the TL funda from Jacko the way I see it. https://www.cliqforex.com/attachments/1527993581.png

Now this trade is similar to the last one. The entire bounce coming from one single candle. While the last one dint quite give me the reason to go long, the thread title remains experimental.

So, an experiment:

Extended on EU Depending on the bounce from the 61.8% and the PB. For security purposes I am taking at above 1.38

https://www.cliqforex.com/attachment...s672137957.jpg

:

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Currently this transaction resembles the previous one. The entire bounce coming off one single candle. While the previous one dint give me the reason to go long, the thread name remains experimental.

Thus, an experiment:

Extended on EU based on the bounce off the 61.8% along with the PB. For security purposes I am taking at above 1.38

https://www.cliqforex.com/attachment...s261188253.jpg

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Now these kind of trades would be the exact reason for this thread. I rechecked my book and it sounds I was looking at the book upside down. I dont know what exactly was I thinking when I thought to take this transaction. Thank God, it dint trigger.

EG looks heading downwards. My guess would be arnd 0.85

Well lets see...

https://www.cliqforex.com/attachment...s284867840.jpg

Contrary to the last trade which is infact a good one, this one is only experimental. Among the major issues I see in this commerce is the double top formation on the reduced TF which says a lot abt the selling pressure at 1.080 ish.


https://www.cliqforex.com/attachment...sds6684489.jpg

Yesterday while looking at EUR/GBP I was a in a fix whether to choose the long or not.
The question inevitably was To be or not to be.

Factors Affecting to be :

1. It bounced off the lower TL off the weekly.
2. Going by 's definition of the bounce of price from the Pivot or the 50 percent of the fib swing.

Factors Affecting to not be :

1. The closest resistance in accore with my fibs was 0.8785, there was always a possibility the price might not cross it to get to the target level of
2. dint specify variety of candles which might form the bounce. Here the bounce was shaped off just 1 candle.

Thus, I did exactly what they always say, when in doubt let the trade go. Market is there, wait for it to come for you.

Edit: Price from 0.90769 - 0.87852 is filled with many levels which tends to cause the price at a range.

http://content.screencast.com/users/...02-09_0847.png