The story of Yirbu

[Don_xyZ]

Near the end of the day the tables turned (because stopping is always temporarily)...I ended up having a very good day.
I guess this is why my trading feels wobbly.

Part of it I guess has to do with not recognizing the state the market is in.
Today I had quite some losses and I see a recurring pattern if there is US news later on the day.
I really need to fix this.

To fix my losses I scalped the dax and it went quite well. (there were 2 be but this is it)
In the mean time I catched about a 100 pips on GJ
All these pips covered my losses from this morning and added a handsome profit on top of it.
Now I feel really tired.

230308 - DE40M1.jpg

230308 - GBPJPYM5.jpg

Good!

Another one able to read a line chart. I don't understand why they say it's hard to read it when they are using candle close for their entries anyway. Any pattern a trader want to see can be seen vividly on a line chart. It just takes a little bit of getting used to.

The H1 overlay will keep you in track with the bigger move.

[Yirbu]

Near the end of the day the tables turned (because stopping is always temporarily)...I ended up having a very good day.
I guess this is why my trading feels wobbly.

Part of it I guess has to do with not recognizing the state the market is in.
Today I had quite some losses and I see a recurring pattern if there is US news later on the day.
I really need to fix this.

To fix my losses I scalped the dax and it went quite well. (there were 2 be but this is it)
In the mean time I catched about a 100 pips on GJ
All these pips covered my losses from this morning and added a handsome profit on top of it.
Now I feel really tired.

230308 - DE40M1.jpg

230308 - GBPJPYM5.jpg

Good!

Another one able to read a line chart. I don't understand why they say it's hard to read it when they are using candle close for their entries anyway. Any pattern a trader want to see can be seen vividly on a line chart. It just takes a little bit of getting used to.

The H1 overlay will keep you in track with the bigger move.

Ha, ha, ha...I wouldn't say just yet I am able to read a line chart but it's easier. Candles are trying to trick me.

[Yirbu]

Just when I checked my pc this morning I saw this mini break of structure so I went short. Price went up a bit and printed a H&S so I fired my second bullet and it gave me a nice 7 + 13 pips. When I was busy writing this post I saw price breaking that red speedline and I figured that we would have a small burst upwards so I snatched another 6 pips. Missed that downmove because I had to go but I'm just fine with my 26 pips.

230308USDJPYM1.jpg (212.55 KiB) Viewed 1099 times

[Don_xyZ]

Just when I checked my pc this morning I saw this mini break of structure so I went short. Price went up a bit and printed a H&S so I fired my second bullet and it gave me a nice 7 + 13 pips. When I was busy writing this post I saw price breaking that red speedline and I figured that we would have a small burst upwards so I snatched another 6 pips. Missed that downmove because I had to go but I'm just fine with my 26 pips.

230308USDJPYM1.jpg

26 pips is more than enough for a romantic dine-out with your spouse, she'll love it

[Yirbu]

For a couple of months I have my own WIL.
It's very interesting to read back my scribles and drawings and see how my trading is changing slowly and the reasoning behind it.
In the beginning when Don talked about his WIL I thought:

Dons WIL.jpg (144.46 KiB) Viewed 990 times

Now that I have my own WIL I notice some things are far easier and often I just know what to do.
I know because I know what the average swing length is of my pair, how fast it moves, how many pips it travels per time unit, when it's trying to break that open line like today or when it bounces. Which patterns are good and which are so, so.
And like Don said; I know how many hits I can handle, I know when to be persistent and I know when to use my WIL;
When using IgazI view of the market and knowing what's In and what's out;

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One day I wil not be a Padawan anymore...and that day is coming

[Don_xyZ]

For a couple of months I have my own WIL.
It's very interesting to read back my scribles and drawings and see how my trading is changing slowly and the reasoning behind it.
In the beginning when Don talked about his WIL I thought:

Dons WIL.jpg
Now that I have my own WIL I notice some things are far easier and often I just know what to do.
I know because I know what the average swing length is of my pair, how fast it moves, how many pips it travels per time unit, when it's trying to break that open line like today or when it bounces. Which patterns are good and which are so, so.
And like Don said; I know how many hits I can handle, I know when to be persistent and I know when to use my WIL;
When using IgazI view of the market and knowing what's In and what's out;

230313-EURUSDM1.jpg

One day I wil not be a Padawan anymore...and that day is coming

Very good!!!

I said in my thread that I came to kreslik (again) because trading is a lonely business and I get bored super quick Well, at least some people take my posts seriously and benefit from them. Now you know I never exaggerate when I said WIL is a crucial part of trading

You can be (...) and you will be (...)

That is your mantra! (should be everyone's if they're serious about this business).

On a personal level... I wish you great days ahead! Just don't forget to pop in every once in a while coz everyone who benefit from Kreslik usually disappear

[Yirbu]

On a personal level... I wish you great days ahead! Just don't forget to pop in every once in a while coz everyone who benefit from Kreslik usually disappear

Thx Don. Very kind words. But the credit is all because of you guys.
Oh...and eh....I'm not going anywhere. I like it here

[Yirbu]

What can I say.
Todays trade

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[kiwiarian]

What can I say.
Todays trade

230321-USDJPYM1.jpg

Nice trade, you are doing well dude. You have been very consistent with your process which looks it is paying off.

[IgazI]

What can I say.
Todays trade

230321-USDJPYM1.jpg

20R, that's sick =)
Very nice!