Where did 160 Pips Go?

On my early stage of reading the charts, I always chase the market. and often time it frustrate me. The problem with chasing is by the time you place your trade, is the time the market will go against you. believe me i have done this a lot of time. For this reason I found it favorable to make a trade plan and if market is against you at least from the very start it had happen. That will give you plenty of room to create another plan.

 Video below is the exact visual explanation on what im talking about.

 

Potential 160 Pips swing trade

i am opening this trade to the public meaning if you think my analysis is favorable and the potential to profit is high then probably its you that i need.

My plan is to trade 1 - 2  dollars per pip
My Need is just $200 Dollars
profit will be 50/50

The risk will $60 to $70 Dollars but if my market analysis is right the profit will be 160 pips x $2 = $320 less broker commissions

Time frame will be 1 week

Day start 8pm tomorow after fundamental end on Friday Oct 21 before market close we will withdraw.

Requirements:
1.  YOU ARE aware that your $200 have a potential to loose $60 - $70 dollars.
2.  you are not solicited but its your own free will to take the risk there fore if my analysis is wrong then You can not force me to pay you. however if I am correct then you will get your capital $200 dollars plus the 50% profit
3.  Understand the Forex trading risk and potential

interested pm me first before sending money.

if you dont agree then pls ignore this.

FEAR

This is what i get when not paying attention on trading psychology topics.  "kaka sigurista ko eto konti lang na profit ko". Fear was the contributing factor why i earn only 21 pips in which i should have earned 78 pips. as you all could see I do have a working trade plan yet fear cripples me. The result is devastating. i should have earned 57 pips more.

Lets do the math given we trade $5 dollars per pip

trade plan result = 78 pips
78 x 5 = $390 (this is supposed i should earn)

Actual pips earned = 21 pips
21 x 5 = $105

Actual Dollars earned
21 x $0.10 = $2 (this is the reason Im selecting  potential Investors (click for details))

What trader are you? Swing type or Scalp type

Im gonna use 2 type of trading for today. Why Swing??  On Daily Time frame I could see Potential over sell on RSI plus given the factor that it has a potential bounce on the previous lowest low point. However of course need also to anticipate the breakthrough for this. Now, after the Retails sails if price bounce then its time for me to take trade. currently im on the pull back  that has potential 60 pips if ever market price is not on my side I have prepare the other type of trading strategy which is the SCALP. basically this trade gonna get 15pips per trade depends if the market will not cut of my 52751310 rule.

What is Swing?
What is Scalp?

video and explanation will be attached after i am done with my current trade.


Swing pic

Scalp Pic