Month's end

Grabbed a few pips and stopped before the month's end fixing in London.

Risk, risk...

Ending the session with unnecessary risk..

Morning session

And this

A step forward

No much trading recently, I was experimenting with my new tool, the chart bars. After two years with candlesticks and two more years with short WMAs (following the thin red lines), I was looking for something more visual, more informative about price move. I tried the bars and after some weeks viewing charts, i can say that bars are what i was looking for, they are terrific, especially with the range charts i use. Here is my first trade using the information-rich bars. More to come.

Pre-FOMC

Just 3 pips in a quiet afternoon. Waiting for the news.

Busy days

These little two only for today.

Risk

A far from perfect day, although profitable. The reason : risk taken twice. I still have a difficulty to close trades opened at breakout points..

And this

Stopped after this, to avoid the consolidation phase.

Risked again

Risked some on the first trade.

Herbert von Karajan

An excellent documentary on Karajan's life and work is now free on YouTube in 10 parts. Here is part 1.

The final part 10 is particulary moving : the giant as an old man, the landing of the eagle.

All parts and many other videos and audios from Karajan's work are in an a fine YouTube page, made by a devoted admirer.

Too many trades...

Today's session. I close a trade prematurely and open a new in the same direction. Result : too much on commissions and increased risk. 39 pips on this.

Going down

Price continued down after the correction (see previous post) and gave me the opportunity to cover the loss. A thrilling winning day today.

Mistake of the month

I entered long on this, while price was making a round top. Several signs were there to show that price was reversing : lower highs, moving averages sloping down, descending triangle formation, CCI, you name it. I refused to close. When the strong support was finally broken, I was looking at the chart helpless, petrified from my stupidity.. Price went to -30, then I was lucky to close the drama at -11, at the 50% correction of the move down...

When I started forex 4 years ago, I used to commit such a crime once a day. Now, it's once a month. That means evolution of the human kind...

Afternoon session

Busy days, had to drop the morning session for some trades in the afternoon.

And this

Stopped after these, with a 8% daily gain, due partly to my luck (see previous post). Price does not forgive always..

Post -NFP trades : lucky you!..

Post NFP announcement. The third trade was a complete non-sense: I closed early the previous one, so price should return in my favor... It went to -26 and then I was lucky to close with a minimal loss. Playing with fire.. This was precisely how not to trade..

In the range

Unnessary trades inside the range. Whipsaws, losses and some frustration.

ISM announcement

My trades before and after ISM news. Stopped after the break of the winning sequence. I feel tired after the fifth or sixth trade in a row and volatility can wipe out my profits, so i have to stop there.

Trades again

Back to the charts after a short trip. Traded this quiet move up this morning, stopped trading after the little double top.