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- jwlee7ucla replied Nov 30, 2011
London Session, 11/30/11 12:08am — So I didn't update with pictures earlier, because work got hectic and I just needed a timeout from posting these charts. Anyways, I got stopped out ALOT at BE, and also missed 2 breakout entries since I was ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 29, 2011
11/29/11, Asian Session (4:07pm) — Yeah so.. I've been busy with vacation and other stuff, completely missed Sunday LO! My breakout trading would have snagged at least 60 of the 100 pip moves! Yesterday I was stalking the charts, being ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 24, 2011
Looks like you did not spend your three years of 'learning' wisely. You say you know how things work, but when you trade you continuously lose, indicating that you don't know how things work. Sounds like you have an "idea" of how things work, but ...
I still feel like a POS...
- jwlee7ucla replied Nov 23, 2011
Quick note: Pre asian session 11/23/11 — So now that I'm awake I scrolled over the charts to see the strength of the breakout from last night. roughly ~100-150 pips all around. This follows my prediction of this weeks breakout play by ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 23, 2011
London Session, 11/16/11 3:56am (pictures of trades and analysis) — image If you recall, I fell asleep during the false breakout. The activity afterwards the following day reinstated and extended the box, so I would trade a southern break ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 23, 2011
end of day- 11/23/11 3:32 (middle of london session) — Yep, Done trading for the day. Found my breakouts, traded them. Took a looonnng time to update my spreadsheets cus of all my partial positions and whatnot, but now I have added a partial ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 22, 2011
11/22/11 6pm (Asian) — Looks like due to my sleeping mishap, I was caught completely offguard and missed the current breakout. The key pair to watch was EUR/USD, as it was the first to break out of consolidation (pulling all the other breakout ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 22, 2011
Aftermath of 11/22/11 3:00pm (currently an hour before asia) — So if you were keeping up with my log, you will notice that I now only trade breakouts. Well, from before london to NY, my breakout finally happened with the 5:30am USA news (which ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
11/21/11 Pre-London Session Setup (might change) — image Blue is 4H box, Orange is box-within-a-box. I have a fib drawn for reference, as well as a pivot level sandwiching the top, and purple boxes for entries upon breakout. current price ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
due to the divergences i see, and the lack of a catalyst last night, I will be bearish until I see a 2-300 point drop. so really the main trade im aiming for this week is catching the breakout formation for this move rgrace: thanks for the ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
11/20/11 London Session GPB/USD — image I exited this trade at only +1.3 pips, because of margin requirements. However, in terms of all my pairs reaching support, I have boxed in this zone with a purple box. This area will determine the ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
11/20/11 London Session AUD/USD — image This was also a box-correlation play as well. I had an early exit when I thought there was a chance of a failed breakout formation, and re-entered after breakout was confirmed. Had to take profit early ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
11/20/11 London Session — image I have decided to go back to my box trading strategy, and will only be trading this until I become rich. Explaining things in my journal should be relatively easier now. Here's what is going down: Divergence ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 21, 2011
Thank you for your comments, but the % risk I do does not affect my trading mentally. Its the other stuff that messes with my psyche- missed fills/bad timing with entries/mis-analysis. I have talked to someone who I consider a mentor of sorts, and ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 18, 2011
End of week, Fri 11/18/11 market close — Had a bad day so I'll just make this brief, Im down roughly 6% for the week. At my high I was +18%. Yesterday alone would have been a +20% winner... BUT I MISTIMED my entry by 10 pips, and got stopped ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 16, 2011
London Session, 11/16/11 3:30am (finished days trading) — image To sum up my trading day, I had several losses, and several wins. Lots of stupid mistakes, which I will discuss every single one. But what saved me, was this awesome liquidity ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 15, 2011
EUR/USD 11/15/11 asian session, 5pm PST — image I see a bullish divergence formed on aud/usd, neutral on gpb/usd, and both eur/usd and aud/usd reaching critical support levels (monthly lows + pivot for eur/usd, 2 week low for eur/usd). Thats ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 14, 2011
EUR/USD Asian session beginning, 11/14/11 5:00pm PST — image So here we currently have a long bias on most of the pairs, which I believe to be temperary, or until I look and decide that its more solid. Anyways, as I compare different pairs ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 14, 2011
Pre Asian session, 11/14/11 2:43pm — image Since I fell asleep, I missed the squiggly line buy entry right there. Strong support in that line (1), weak small red candles leading up to that price in a parabolic fashion (2), and matching 50% ...
Not so nooby Not so pro- My fight with psychology
- jwlee7ucla replied Nov 14, 2011
Updates on weekend positions, now closed — AUD/USD: Sell: 1.02918--> closed : 1.02440 = + 11.6% (due to closing partial positions) EUR/USD: Sell: 1.3730 (average due to scaling in)--> closed: 1.36662= +4.03% USD/JPY: Buy: 77.031, closed: ...
Not so nooby Not so pro- My fight with psychology