Recent content by moesalama

  1. M

    Moe salama trading journal

    i entered long gbpusd @ 1.5570 stops @ 1.5475 target @ 1.5870 the first step of a trade is over which is the analysis and the entry - i made my analysis, i placed my stops and targets. am currently in the waiting stage which for me is always the second stage of a trade. @ this stage any extra...
  2. M

    Moe salama trading journal

    am waiting for this count to repeat it self - more or less - the most important thing is for corrections not to overlap.
  3. M

    Moe salama trading journal

    the pair is currently moving in a support area - wave 4 of 5 of 3. so this can also be a good support area to buy from. theres like 20-30 pips difference between both entries, anyways, for both entries, stops must be kept @ around 1.5475 and not risking more than 1-2% of the trading account in...
  4. M

    Moe salama trading journal

    Trade # 1 - GBPUSD Looking at the gbpusd h4 chart, i see that the pair created a new support @ low 1.5420 - the structure of this support is identical to the structure of the support created at low @ 1.4560 during April 2015 with x y z as shown in the H4 chart below: after analyzing my major...
  5. M

    Moe salama trading journal

    Hey all, I just want to share my real life trading experience here. It is taking me some time to be able to manage my trading psychology most importantly in terms of money management and other mental/ psychological trading activities. Therefore, i decided up on speaking out loud about my...
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