TA Forex Trading

Week 14 Wrap up:

Start: $162.96
Goal: $168.62
Attained: $191.21

This was a good week, the first one I’ve had in a while. I gained 17% on GBPUSD and EURNZD and cleared out some bad juju gumming up the works. For the first time in weeks, I have no open positions going into the weekend.

What I did well: I successfully played both sides of EURNZD, taking small gains when the charts said that’s all I would be getting instead of trying to will it to do something it wasn't. GBPUSD finally broke my way, but I took my profits today and will look to reenter on Sunday with a clean start.

What I did poorly: For the first time, there’s nothing particular I can point to. No significant mistakes. I didn’t let greed wreck profits, I stuck with what was working and abandoned what was not, and am not carrying trades into a closed market. I even took a couple small losses, which I keep reminding myself is the key to not taking large losses. This was a real relief after the last 2 weeks.

Last week I pledged to take a week off if I didn’t do better this week. Happily, I won’t have to find out if I could actually take a week off.

Thanks Pennies. I hope everyone has a great weekend. I'm visiting family in Buffalo and may not be back before the open tomorrow. This week I'm looking at reentering short GU after a bounce to somewhere around 1.24 and will also be looking for long entries on EU and EN, but I haven't picked my spots yet on those.


Sent from my iPad using Tapatalk

The week ended with .5% gains.    I'd take a week off to reevaluate my trading but there's no point.   I still have a small Acad open which I'll leave open to move lower as expected or I'll add to it if it bounces here off the weekly 21ma.

What's your on the 4 hour and daily USD/DKK pennies?     

No kidding?!     Guess I'll hold my short then.    You mentioned coming up with the 2 zones on EU based on math?

Was that simply Fib expansions and extensions you were referring to?

kermit......awesome gains man.    I'm looking forward to the week I finally get 10%.   

Pennies can give us an example having to do with the zones

Well yesterday-i had a day- had to go 4 hours to meridian miss for Donna's cousin's funeral-started feeling bad-when we got there i spent most of my time at  the funeral in their bathroom-if they could have come in there and offered me a coffin-guess i would have accetpted it -felt so bad -finally i went and got Donna after throwing up etc-told her i was sick and had to go home-4 hour drive back-Donna driving hit bathrooms and stopped along the expressway to throw up---heard a stomach virus was going around-guess it found me -hate that Donna couldn't stay until the funeral was over - feeling some better today