Recent content by rsd886647

I should do myself a favour and only trade daily set ups. That is what I'll try to do from now on. The haphazard nature of my trading is symptomatic of my mental condition. But I've spotted various head and shoulders patterns, whch occur every month or two, and I will try my hardest to stick to...

The more I look at this the more I am convinced it is a trade worth taking.

I have spotted an ascending triangle on eurusd. It took out the stops of the head and shoulders pattern. I think it could pop.

I exited my positions at a small profit, and decided to stick with my one quality set up on EURAUD (weekly chart). Price has retrace and now looks to be heading up.

Another weekly chart I like the look of is USDCAD. Bear flag on the 4 hour chart. I will trade this.

I'm anticipating a weekly fakeout signal on AUDUSD. I've been keen to buy as I feel there is a bull flag on the weekly. We are now at support and price is faking out. So in this instance I have gone down to the 4 hour where I think there might be an opportunity. I've often be an anticipator as...

January was a horrible month for me. I realise I need to change my approach. Back to basics now. I'm going to trade the weekly charts for a while as I was getting caught up in everything and need to take a step back. My first trade is this. Zone out and refresh.

I'm buying this set up with a stop order, given there is a bull flag behind it.

The channel that is forming now is where my focus lies. I tend to be better at buying than selling, so I hope we get a strong break upwards.

It's back to the drawing board for me. I will try to stick to trading eurusd daily signals. Looking at the charts in hindsight gives you 20:20 vision. I can see now what I should have traded.

I've entered long on AUDUSD hoping to ride the bull flag to its target. I need to regroup. I kept trying to buy eurusd as it fell and then gave up just before it looks like it is now going up. That's what the market does to you. I'll wait for a clear pattern on eurusd before I invest again.

I got it wrong. It happens. In hindsight, I should wait for clear and obvious signals. I get caught up in small signals and I have lost 3/4 of what I made in December. I have taken most of my capital out and left myself with £250 to trade. The Audusd bull flag appeals to me and I have entered a...