Wednesday, July 4, 2018
July 4 trade plan
AudUsd
Timeframe = 4hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
EurJpy
Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
EurNzd
Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
Usdjpy
Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
Tuesday, July 3, 2018
Stages in Learning Forex
Know Your Identity
- Very Important Stage before anything else
- this will develop your skill in profiting
- Its where you get your foundation to be a consistent profiting trader
- Base Point where your System is build
- Its where you will understand what kind of trader and who you are as a trader
System
- The thing you do over and over
- It answers What to trade, Where to trade, Why to trade
- Where you create your trade plan
- Where you get bored
- Where your Consistency and uniformity is needed
- Develop a process in what to do next
- It’s where you will understand the characteristics of the market
- It’s where learning in your mistakes will take place
- Hardship/ Process and Patience is tested Its where 90% of people will fail
Strategy
- A discrete plan to put your system into work
- Can be learned and Copy
- This answer the how questions
- 20% success rate in trading
- Its where people thought they must give or invest more in both money and time
- Its the only way I as your coach can give you
Saturday, June 30, 2018
July 2 trade plan
Priority
UsdJpy Divergent head and shoulders 1hr
GbpJpy Divergent Head and shoulders 4hrs
AudJpy Divergent Head and shoulders 4hrs
AudUsd Head and shoulders 1hr
EurAud Divergent Head and shoulders 1D
Non Prio
EurNzd Head and shoulders 4hrs
GbpAud Head and shoulders 4hrs
AudNzd Head and shoulders 4hrs
UsdJpy
Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
GbpJpy
Timeframe = 4hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
AudJpy
Timeframe = 4hrs
Divergent = Yes
.618 rule = Still above neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
AudUsd
Timeframe = 1hr
Divergent = No.618 rule = Yes
Reject = yes
Retest = yes
15min = yes
MACD support = yes
Stop lost = 21 pips
At 10:45 Am July 2 I took the trade
Done at 11:30 pm hiting $65 and $20 for other account
Did not exit the 2nd trade for chance to swing trade target = $100 for 30 cents per pip
EurAud
Timeframe = 1day
Divergent = yes.618 rule = almost on the mark
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =
This is one day so reject and retest is required in 1 day time frame
Non prio pics but potential
Monday, June 25, 2018
Trade Plan 6-25
EurJpy Divergent Head and shoulders 1hr
EurChf Divergent Head and shoulders 1hr
EurNzd head and shoulders 4hrs
Audchf Divergent head and shoulders 1hr
Eur Jpy
Rejection = Done
Retest = Done
15min crossover =
MACD =
EurChf
Rejection
Retest
15 min crossover
MACD
EurNZD
Rejection = Done
Retest = Done
15min crossover =
MACD =
EurChf Divergent Head and shoulders 1hr
EurNzd head and shoulders 4hrs
Audchf Divergent head and shoulders 1hr
Eur Jpy
Rejection = Done
Retest = Done
15min crossover =
MACD =
EurChf
Rejection
Retest
15 min crossover
MACD
EurNZD
Rejection = Done
Retest = Done
15min crossover =
MACD =
AudChf
Rejection = Done
Retest = Done
15min crossover =
MACD =
Rejection = Done
Retest = Done
15min crossover =
MACD =
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