I have held back for a while now not posting but for me this will be valuable as I take responsibili

Scott Bryant Tue, 08/08/2017 - 02:04

I have held back for a while now not posting but for me this will be valuable as I take responsibility for moving forward with my trading



Last week started well with some decent opening trades



Middle week I read the news wrong and it did not react the way I thought and JinDao Tai advice of get in 30 mins after the news for my level - I also left that trade to hit trade plan over night something also controversial at the moment! But my stop loss was in place as well as TP so it was a negative but that's why we have stop losses in place



I follow jins advice and be patient with my NFP trades looking at market and react when less volatile and looking at the rebound pattern



The audusd trading at end was actually yesterday for me (not last week) and had a much larger profit take but I didn't take it manually and instead it started to bounce back hard so I took action and cut at minor profit



Errors:



traded each way on the usd in separate trades (one was a longer day trade and the other meant to be a shorter return - it didn't happen this way!!!)



Was stubborn on the audusd and I paid price for it with too much patience and not closing when needed to minimise damage to weeks targets



Positives



Some revision and back testing completed over last weekend to go back to basics and reaffirm steps and confidence



I feel I'm progressing more every trade I make and it's an invaluable lesson to have some go the way you want and some not and I still end the week in profit

I have held back for a while now not posting but for me this will be valuable as I take responsibili