Trust Your System

Hoy Uling you have 3 years of supporting document regarding you claim HEAD AND SHOULDERS untill now kabado ka pa rin Juice colored ka talaga

Trust the System  
by doin that you already win even if you have loose trades 

On my previous post I have created analysis regarding Gold which i based it on the oversupply of OIl
My analysis is simply going down with 400Pips (what i mention on the video) ... gues what here is what it look like after the weeks trade

A whole week of trade considered to be Swing trade. I manage to get my weekly goal which is the 10% of my Capital (220 Pips total) . what i did didnt get is whole amount of what i should get which is around 350Pips traded with 10 cents trade size i should have created 35 dollars thats almost 180% of my weekly goal.

by the way here is the link of the analysis video created 3day ago 

Will the oversupply of Oil affect Gold and Silver?

Journal April 13 - 17

Problem with Consistency??? you manage to boost your account 100% however on the next trade you lost more than you boosted??

The solution for that is Journal..
Why??

how can you assess your way of trading if you dont have data to look at.? Through journal you will be aware on what to do for the next week trade or next day trade. ON my experience trading without journal I always repeat the mortal sins of trading

1. Over trading
2. Trading without Plan
3. Trade Size.  and etc

below are the example of Journal that you might want to pattern



comment Below to so that i could give you the spreadsheet of this journal

Head and Shoulders Point of entry

I do have 4 point of entry which all must be in sequence and at least supported by each sequence

Point entry 1

Advance entry which only be true if
1. Divergent Head and shoulders or
2. head and 618 which start of right shoulder is = 35 pips or less

Point entry 2

5confirmation entry which strictly follow the rules of five
1. must be 618 retrace
2. have rejection after 618 and have opposite retest
3. rejection and retest must be 35pips or less
4 Moving average 20 and 50 cross over on 15min chart which support by MACD
5. break on the rejection point.

Point entry 3

Fractal 1hr entry this entry will only be possible
1. if it pass the 5 confirmation and
2. In between forming right shoulder and neckline

Point entry 4 Neckline

Needed 5 confirmation entry however the trade size must depend on how high the right shoulder if not posible then use 15min fractal which the second fractal will be the stop lost and equivalent to 35 Pips

1hr candle or preferible 4hrs candle must cross neckline to continue to trade to 127 or 161 fibo.