Croupier and passing of time
We all want to have answers, pronto! It’s our ego. Thanks to our time, we have grown to be less patient, brute forcing the answers sometimes at any cost. We… Continue Reading
iterating towards truth
We all want to have answers, pronto! It’s our ego. Thanks to our time, we have grown to be less patient, brute forcing the answers sometimes at any cost. We… Continue Reading
Over the last week, I have spent two days in London in the company of aspiring and consistently profitable traders. I have decided to stretch my comfort zone of a… Continue Reading
Over the last two years, I have been busy trying to improve. Surprise, surprise :). I have build hopefully solid foundation for machine learning concepts. I have been grinding &… Continue Reading
It has been a tradition of mine to have a look at the past year and areas I have set systems and goals for. I am strong believer of Systems… Continue Reading
Tell me something I don’t know factor: High Length: 25 subway drives (375min reading time or 221 small pages) Main idea in one sentence (or two): Talent is learned, not… Continue Reading
Ok. After a while of not being present, traveling, working on my trading game and other projects, it is time to summarise what is cooking in the kitchen :). So what I have been doing lately?
TRADE SUMMARY: selling the aggressive rejection and break of market structure on retrace due to SFP
TRADE SUMMARY: this trade had a good base. Started to create higher lows and momentum. Based on the I have decided to enter on retrace. Got in at very good spot. Unfortunatelly, this was a trade: run or run away. Market run, but just for a while. It reached a nice open profit, but then shit itself. I did not want to risk it since it went against my rule of run or run away type of position. I have decided to close the position on rebound. Market eventually reached my target. Overall, decent trade.
TRADE SUMMARY: market pushed higher, I was expecting the retrace to play the takeout of the stops. This trade was quick and I knew I was immediately wrong. I got out on the rebound.
TRADE SUMMARY: Big disappointment of the month were AUDUSD where I was targeting +3R. Unfortunatelly, a month long position was closed just for 0.3R. I am happy for 0.3R at least, because if I would be stubborn, it would eventually hit my sl. So what happened? Market broke nicely out of 7600. It held 7600 and moved forward. At this stage I was expecting market to be quicker. But I was patience. New higher lows were created, no rush. New higher highs were created. I got first worried when the 7650 got broken a bit. New high was not created and 77 held as a resistance to buyers. That was a first moment of doubts. When 7600 was attacked, I knew I had to get out. I have waited for the bounce and got out. Very small profit, good trade.