The EURCAD loss was in fact an ok trade. It was at a Daily S/R so I should have been more wary of reversal potential. Plus the price action cleanly reversed , so I could have reversed my position. Sometimes following the trade rules isn't always the ...

NevFX Journal

Update on the account and trading so far: image Trading has been quite slow for me, not sure if it a new market condition or whether I am taking less trades. This trade in the H1 context still makes sense to me, though the big fat red horizontal ...

NevFX Journal

GBPNZD trade today. image image

NevFX Journal

image So.... what happens when you get confident. Feel you can do no wrong. Invariably you stop trading... That is what you are supposed to do. When your emotional , it doesn't just refer to be low/sad/depressed. It refers to ...

NevFX Journal

This mornings trade idea image Got stopped out of this trade. I need to work out how much of the travel too the range is giving the bias

NevFX Journal

Opening up to an H4 and my idea above could be completely wrong, if we just reversed out of the trading range of the larger consolidation. This is why I don't hold for long periods of time. image

NevFX Journal

Longer time frame idea for EU. I can not hold over night/weekend. However, if i could this would be my current idea. image

NevFX Journal

Finished looking at the charts for the day. I took profits on EURUSD and I have moved the SL to BE on EURCAD. Don't mind if it stops me out as the ideas was to not lose anything from the London session. I am effectively flat and very happy with my ...

NevFX Journal

image I am still short EURUSD but as the set up is here on EURCAD i thought i'd take a small position

NevFX Journal

went long NZDUSD image GU has done 30 pips above the weekly high, doubtful many stops are left there. EU has done 20 pips above yesterdays high, so if there is going to be a pop in USD , now is the time. image Closed NU Left EU to run locked in ...

NevFX Journal

there will definitely be a bunch of SL's above the weekly highs at 1.43455 , so maybe a push of 20-30 pips above that level. I am going to sit out and wait on GU

C-12's Supply, Demand and PA thread

DXY wasn't moving much until the afternoon (my time is London) , I stayed away from EURUSD. However, I am glad to have missed out on some trades today as if I had held on, other than GBPUSD , I would definitely been stopped out on the reversals. ...

C-12's Supply, Demand and PA thread

tomorrow i have identified 2 trade ideas that i will be interested in looking at image

NevFX Journal

image image

NevFX Journal

So how well did I do this week? I traded based on the higher time frames more √ I did not over trade √ I adjusted my trades ideas with market changes √ This coming week I am going to concentrate harder on my execution, for the simple reason that if ...

NevFX Journal

image image It's half way through the month , so figured I should post the results.

NevFX Journal

image Higher time suggested that prices higher would be tested. image image Unfortunately or maybe fortunately , when price gets to the first resistance I got the trade to Break Even, then a spike down takes me out of the trade. Then you get ...

NevFX Journal

EURAUD followed the daily momentum. I have to admit I was sucked into a long on the H1 chart, took a small loss. However, todays set up on XAUUSD is in line with a larger time frame, so fingers and toes crossed all plans out. The TP is quite high ...

NevFX Journal

Having closed out the previous trade from today I can afford to sit on the side lines and wait and see how this set up pans out. My hope would be that we reverse at 1.6000 but if we come lower to 1.5920 first we may have a reversal in EURAUD long ...

NevFX Journal

went down to the m1 chart for a scalp. The pattern is the same, basically a Head and Shoulders. image

NevFX Journal