This is what you do what you missed a good trade

As You can tell, im annoyed. I anticipated it. I timed it but i din take it. Don’t talk to your wife when you busy trading….

Day Trader’s Paradise

Have you had those days where anything you touch turns to gold? Days where you call the shots, whether you’re long or short, you almost always hit it on the nail, perfectly. I’m still not sure how i should put my currency trades up here, and im surely not ready to put up my blotters lol.

I started the day going long the EUROs at 1.5531 rode up to 1.5574. Which was then followed by a Yen trade, long from 104.35 which is still playing out, bulk removed at 104.70 current closed profit is 1R%, while floating profit is at 1.5R% Current positions include long usdjpy, short eurusd and short eurgbp.

Some updates on my current dummy futures trading. The trade went in syync with my YEN. The entry was pretty obvious but the exits…oh god i just left a ton of money on the table.

Some update on Trading price ticks. Im really starting get cozy with them, it kept me with price action and allows me to catcth intraday volatility, which i always find it hard on a 5minutes chart. The price movements tends to be more discernable, cleaner, trends look smoother and the technical setups looks really great. Go Ticks! lol

Dummy Du Jour

Sneak peek, warning its a dummy trade, i get no bragging rights for this…..

Some Journal Updates

I’m not in a mood to post charts so i’ll just summarise my week so far. I had a good week trading the dummy YM. Im not gonna keep dummy trading for very long, its too unemotional and i am already coming very close to making a decision for a preferred broker. Zenfire does have a lot of difference compared to MB Futures. Its gonna be Dorman, AMP or Mirus for me.

I had a decent week for currencies. Monday and Tuesday were mere breakevens, i was constantly caught on the wrong side of the intraday trend which forced me to conduct a series of averaging. Wednesday I made 1R% and Friday….is still pending. Thursday was labour day, i regretted i did not trade that Euro, who the heck moved EUro on labour day!!?? You guess may be as good as mine. lol.

Further on strategies,
I have been looking the possibilities of trading using tick charts, already i can see its advantages over time charts. It reduces the noise that is present in time charts, esp over periods when the is simply no volatility, you don’t get charts that looks dead & in tick charts, the PA is always alive and thats a plus. Of course this is simply my biased view.

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