Week 10Week Ending 2/24/171.13%Entries: 17
- IMG_20170225_195100.jpg (53.76 KiB) Viewed 2393 times
Week high: 2.06%
Week low: 0.00%
So much for taking fewer trades
Also, I got sick enough that I had to take a day off from work, I ESPECIALLY should've had less trades on Thursday, but, well, damn, I trade off my cellphone, so there's no real inconvenience besides the fact that I have to keep my eyes open,
.
I tried using the additional filters, it was kind of a half-assed attempt tho, I guess it
could be useful, but I was a bit distracted and couldn't commit to following the idea...
...mainly b/c this week I *also* suddenly got the urge to re-visit "using currency indexes to guide my trading decisions."
I think this time around I actually figured out how to make it work
At the same time, it correlated a lot with my guidelines for 'trading off of extremes via the midpoints of fractal ranges at the extremes.'
Maybe the currency indexes made me feel a bit more confident because it is actual data of what a currency does vs. other currencies from a single reference point in time.
I could probably further improve my use of it to give me confidence for holding onto longer term trades
- holding a UJ Short long-term is a great idea if the UJ is "below the midpoint of the H8 7-Candle Fractal Range"...
- but holding a UJ Short long-term, when you can SEE that the USD has been getting it's teeth kicked in by most of the other currencies for the last 20 hours, feels a bit more comforting...
Using these currency indexes is a little bit of a killjoy in that it takes away from the spontaneity of my trading, where it is just me, my eyes, and my brain versus a chart {{ 3-on-1 and I'm STILL getting my ass kicked, rofl }}; or maybe it is a killjoy b/c it felt a little bit tedious trying to use a java-based web app on my touchscreen phone.
So I feel kind of unsure about going forward with it, as it feels like it would hinder my mental growth as the-kind-of-trader-I-am-trying-to-be, if I now start depending on an external tool.
On the flipside of the equation, one of my closest co-workers just put in her 2-week notice, so it's kind of like, "f¢ķ it, whatever gets me into more 200 pip runs so that I can add zeroes to my account and leave my job sooner!"
Hmmm, I guess logically speaking, you take the easy money first, and THEN worry about filling in any gaps in your personal development once you are no longer slave to an alarm clock
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Other than that, time to log into this new account and see what my leverage options at this new broker are, hopefully they have increased.