thread: Feist Beginner Journal

waited. . .and it eventually moved. Close EURUSD now at 1.6

eurusd jul 15

entered, order stuffed. . .and analyzing my faith/plan

GBPUSd Jul 12-15

USDCHF - 10jul

was targetting much lower, but I moved my stop and got stopped out later when price retraced back. Stop placement is something I need to work out on. . .step by measure...

USDCHF- 15 JUL..it broke. . .still it nice to know I after my egy. Still need to work hard on trading that the egy better.

I took a really very compact position for YEN.

It has been a fantastic trades which I stick to my egy learning from previous lesson whereby I closed my positions too early just to find prices took off. This time I sticked about and got rewarded.

Lesson for this batch of trades are more on stops and RR. Alot of times, I got jittery and wished to shut of my positions to cash in $ or put my stops overly tight (daily TF). Also I know my RR is less then ideal. Something I have to work on more but haven't figured it out well. It might be attributed to discipline or I need to go in a lowly TF for entry? Huuummm

Anyhow I glad I stick to my egy and PA..

cheers

Looks like we be getting a reversal/retrace shortly....on demonion I oredi on the short transactions in EURUSD and GBPUSD.