Tuesday, 21 July 2009
19th July
"thank you John . Are you still in France? I owe you an email re this weeks trading which is getting better all the time"
Saturday, 4 July 2009
3rd July
Hi John
I saw a message from you on Facebook but I wasn't at my laptop when you signed. Yes I am still trading, very much so. I trade several times a week and don't enter trades unless I like what I see.
Yesterday and today were sluggish so no trading although I took three demo trades and they were winners which thrilled me as I went completely by the rules. I wanted to prove something to myself and it worked. I have become far more disciplined in my trading and look for good setups and if I miss them then walk away till something better comes back.
My patience is also improving and if I don't trade I don't feel guilty. Most of my trades are winners now and where as before I was thrilled when I made 5 pips, now 15 and 20 are becoming the norm. I have two laptops side by side with the GU and EU up so I can see at a quick glance what either pair is doing at any given time frame without having to toggle between them.
This has made a huge difference as I can see a set up forming and get ready for it. In the past I'd switch from chart to chart and it wasn't ideal where as this works so well. There's no mad rush to enter as I work out where I want to enter. Getting out of trades is still the biggest stumbling block but this week I started using fibo lines as targets and its working. When I have 20 pips I should rather go to break even and let the trade run than close it prematurely.
I know with time this will come as I gain more confidence in my method and am not tempted to take my profits and run. There's not really much to say about the trading except that things are improving weekly and I'm spending hours chart watching. Comparing how the different pairs move and the time of day when things are busy and when not.
I do like the early morning trading but there are some good moves in the afternoon as well so when in the States I can trade US session and not get up with the sparrows. I've spent a lot of time with Ian Kingsbury and as we use the same method its been such fun and educational comparing notes and watching trades together and discussing the set ups.
Apart from that nothing new to report except that every week is a pleasure and my confidence is improving. It's not a gamble anymore. Now it's planning my trade and trading it - hopefully successfully Have a super weekend Desiree
I saw a message from you on Facebook but I wasn't at my laptop when you signed. Yes I am still trading, very much so. I trade several times a week and don't enter trades unless I like what I see.
Yesterday and today were sluggish so no trading although I took three demo trades and they were winners which thrilled me as I went completely by the rules. I wanted to prove something to myself and it worked. I have become far more disciplined in my trading and look for good setups and if I miss them then walk away till something better comes back.
My patience is also improving and if I don't trade I don't feel guilty. Most of my trades are winners now and where as before I was thrilled when I made 5 pips, now 15 and 20 are becoming the norm. I have two laptops side by side with the GU and EU up so I can see at a quick glance what either pair is doing at any given time frame without having to toggle between them.
This has made a huge difference as I can see a set up forming and get ready for it. In the past I'd switch from chart to chart and it wasn't ideal where as this works so well. There's no mad rush to enter as I work out where I want to enter. Getting out of trades is still the biggest stumbling block but this week I started using fibo lines as targets and its working. When I have 20 pips I should rather go to break even and let the trade run than close it prematurely.
I know with time this will come as I gain more confidence in my method and am not tempted to take my profits and run. There's not really much to say about the trading except that things are improving weekly and I'm spending hours chart watching. Comparing how the different pairs move and the time of day when things are busy and when not.
I do like the early morning trading but there are some good moves in the afternoon as well so when in the States I can trade US session and not get up with the sparrows. I've spent a lot of time with Ian Kingsbury and as we use the same method its been such fun and educational comparing notes and watching trades together and discussing the set ups.
Apart from that nothing new to report except that every week is a pleasure and my confidence is improving. It's not a gamble anymore. Now it's planning my trade and trading it - hopefully successfully Have a super weekend Desiree
Subscribe to:
Posts (Atom)
Posts
