West's Trading Journey

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v8power
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Re: West's Trading Journey

Postby v8power » Mon Aug 08, 2016 9:03 pm

westcountry wrote:Hi V8,
Yeah, I know you were. Thanks again for the support - I really appreciate it.
Exits 'while I am in profit' are a new experience for me LOL. But 'being in profit' is a good thing for me to start experiencing more of. So I have to see what works best for me on this.

-West


For sure. Your already in my opnion doing a lot to help you become a profitable trader. Your recording your trades and taking notes. Plus your learning the setup and trading it the way its suppose to be, before changing it. Which is smart and what I do all the time. I learn some new idea and then see if there is a way to add or adopt it to my current trading.

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westcountry
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 1:35 pm

Thanks again V8 - your encouragement means a lot to me.

This morning's first trade...HOLO trade "buy" a little late on entry, already in profit so moved my stop near B/E. Now waiting...
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EURJPYproM15in moved stop.png
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westcountry
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 1:43 pm

Exit at +5 pips
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westcountry
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 1:55 pm

Next HOLO trade: "sold" with an entry on the 5 minute chart... (S/L about 6 pips). Waiting...
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AUDUSDproM5In the trade.png
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 2:08 pm

Out at full stop-out. -6.5 pips as it blew right through the Day's high
+ Might have been a good buy there upon the breakout.
+ Probably should not have taken an entry on 5 minute chart with the way market was moving. 15 minute entry would have been more conservative and might have ruled me out of that trade.
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AUDUSDproM15out.png
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 2:20 pm

This would have been a nice HOLO buy trade this morning, but I did not catch this one. =D>
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GBPUSDproM15would have been a nice trade.png
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 3:40 pm

New trade, HOLO setup for a "sell" (sold a little early, but I think I still would have gotten filled at the official entry point).
Waiting...
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EURUSDproM15entry.png
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 4:17 pm

This looks like a clear setup to me for a HOLO "buy", hence entered order and waiting to get it filled...
Waiting...
(Ugh, I Know, I don't like the look of that wick on the Red bar prior!)
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USDCADproM15setup.png
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 4:46 pm

My order got hit, then I set my stop, by some miracle it touched the low of DAY and my stop did not get hit...
Exited +4 pips or so... (also that pair was flatlining on the 5M chart which is something MO warned me about in the past)
Attachments
USDCADproM5.png
USDCADproM5.png (45.02 KiB) Viewed 195 times
Last edited by westcountry on Tue Aug 09, 2016 4:50 pm, edited 1 time in total.

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westcountry
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Re: West's Trading Journey

Postby westcountry » Tue Aug 09, 2016 4:49 pm

Back to EU...moved stop to BE +1....and set a TP...
Waiting...
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EURUSDproM15waiting with BE.png
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