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    Page 58 of 90 FirstFirst ... 53 56 57 58 59 60 63 ... LastLast
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    Thread: union12's - Trading journal

    1. #571
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      long time no post, really boring...

      so here is what i was finding: a strategy which works and i got it, also i found that it was always there but i never tried to understand what is the reason of my loss. finally i have it but its too late because i have $550 or something above/ below loss. i need to recover that and i have to wait for bonus payment or maybe long because i want to test my newly found strategy on demo.

      here is the present situation:

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      consistency is the key to success.

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    2. The following 6 users say Thank You to union12 for this useful post.

      kammraz (05-12-2018), NikitaBelle (05-11-2018), Unregistered (4)

    3. #572
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      Quote Originally Posted by union12 View Post
      long time no post, really boring...

      so here is what i was finding: a strategy which works and i got it, also i found that it was always there but i never tried to understand what is the reason of my loss. finally i have it but its too late because i have $550 or something above/ below loss. i need to recover that and i have to wait for bonus payment or maybe long because i want to test my newly found strategy on demo.

      here is the present situation:

      Attachment 77363

      consistency is the key to success.

      Attachment 77364
      Lol, you are much luckier than me brother I need to recover more or less $700 bonus on both my Batman and Superman bonus account, not only 1 but 2 accounts, omg! that is really tough, anyways, no choice but to keep moving on. The bonus will arrive next week, so hopefully that will help you much in recovering your loses. Goodluck!
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


    4. The following 10 users say Thank You to NikitaBelle for this useful post.

      Honey Bee (05-13-2018), kammraz (05-12-2018), penuelophir (05-12-2018), union12 (05-11-2018), Unregistered (6)

    5. #573
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      Lol, you are much luckier than me brother I need to recover more or less $700 bonus on both my Batman and Superman bonus account, not only 1 but 2 accounts, omg! that is really tough, anyways, no choice but to keep moving on. The bonus will arrive next week, so hopefully that will help you much in recovering your loses. Goodluck!
      thanks sis, basically i found that there are two sides of coin, one is right side and other is wrong, if right is not right then wrong is right. if you truly love something and never lose hope then one day you would get it. trade like a newbie win like a pro, success is not something to show because there are 5% traders winning constantly and they do it totally opposite to what we as normal traders do, they says that they are king, but i says that handwork is real king and above all consistency is king of king.

      good luck to you Sister because i want to see you in profit.


    6. The following 5 users say Thank You to union12 for this useful post.

      Honey Bee (05-13-2018), kammraz (05-12-2018), penuelophir (05-12-2018), Unregistered (2)

    7. #574
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      Quote Originally Posted by union12 View Post
      long time no post, really boring...

      so here is what i was finding: a strategy which works and i got it, also i found that it was always there but i never tried to understand what is the reason of my loss. finally i have it but its too late because i have $550 or something above/ below loss. i need to recover that and i have to wait for bonus payment or maybe long because i want to test my newly found strategy on demo.

      here is the present situation:

      Attachment 77363

      consistency is the key to success.

      Attachment 77364
      It's alright. Part of the reason why we create journal is to learn from our mistakes and being a better trader by making use of our advantage more. I've lost count of how much bonus I've received all over the years from MT5 forums (more than 1 bonus account). But I will not give up and will keep on trading to achieve my dream. As NikitaBelle said, bonus will most likely arrive in the coming week, so it can give you a much needed boost in trading capital.


    8. The following 2 users say Thank You to kammraz for this useful post.

      Honey Bee (05-13-2018), union12 (05-13-2018)

    9. #575
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      GU mostly trends or we can say its on trend for long term, if counter trend is practised on it then it needs many lots to show positive result or maybe it would took a year if you stuck between trends, so it is better not to use counter trend strategies on GBPUSD pair.

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      i have tested counter trend on GU and anyone can, so test your strategy first on GU because if price move in one direction and you lose for eg: 6000 pips then you would need a lot of time and accuracy to cover that loss.

      i'm still waiting for bonus: and love mt5


    10. The following 5 users say Thank You to union12 for this useful post.

      dedy hari kurniawan (05-15-2018), FxBD (06-23-2018), kammraz (05-15-2018), Unregistered (2)

    11. #576
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      Quote Originally Posted by union12 View Post

      i have tested counter trend on GU and anyone can, so test your strategy first on GU because if price move in one direction and you lose for eg: 6000 pips then you would need a lot of time and accuracy to cover that loss.

      i'm still waiting for bonus: and love mt5
      I think it's more like, we may keep our losing trade if it just -50 or even -100 but I don't think anyone will want to hold on to losing trade when it hit -200 pips. Well, I've seen someone do this before whereby he's a manager running a copytrade and claim to has above 90% winning rate (statistic does show that). After following the copytrade for few months, found out his strategy is to hold on to losing trade (there was one time -350 pips) but he will close them once it is +50 or even +30. He does grow his and his follower account and everyone has their own way of trading but I can't help feeling that he someone cheat on the statistic or the statistic does not show the whole story - drawdown will only show peak/trough of account balance and not equity.

      Putting my rant above, I am currently holding a buy position in GBPUSD and targeting upper bollinger band on H4 around 1.3600. As you can see, it is counter trend but I'm only targeting retracement. I believe it has more bearish power but it has to go up to catch a breath first.


    12. The following 4 users say Thank You to kammraz for this useful post.

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    13. #577
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      @kammraz: holding your buy position on gbpusm is a good decision. though the pair dropped after the usd news but it is back above 1.3500. the cci of the 1 hour timeframe already made an indication for the up move. let's see how that plays out tomorrow.


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    15. #578
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      Quote Originally Posted by remmy View Post
      @kammraz: holding your buy position on gbpusm is a good decision
      Spoiler Spoiler:
      .
      I'm not sure it's a good idea to hold on to the GU buy based on price action on 1 hour time frame. Here's the reason:



      That's a daily chart of GU. We see a long term bearish run with hardly and bullish candles, suggestive of a highly imbalanced impulsive trend, followed by some consolidation for the past few days. There's a higher probability of the trend continuing, though the consolidation may last more than just a few days. That black line is the 20 EMA. Once it catches up with the consolidating candies, they'll touch it and bounce off violently in another bear run.

      I might be wrong, buy that's what the chart or saying to me.


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    17. #579
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      Putting my rant above, I am currently holding a buy position in GBPUSD and targeting upper bollinger band on H4 around 1.3600. As you can see, it is counter trend but I'm only targeting retracement. I believe it has more bearish power but it has to go up to catch a breath first.
      it could be a stage of your strategy but according to me there are some levels where price goes very less, the less probability the less accuracy and the more time needed to come in profit, but depends on strategy. lets see how market reacts in coming weeks.

      I'm not sure it's a good idea to hold on to the GU buy based on price action on 1 hour time frame. Here's the reason:
      GU usually takes time to reverse as it trends mostly.


    18. #580
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      i'm still waiting for bonus: and love mt5
      ok.. so a little bonus that i got here but i'm still happy with it. i thought that if right is not right and wrong is right then the total wrong is what needed. a new lot opened here, NZDUSD is my target and tp/sl depends on many things. closing position on reversal is good but it could be locked or even i can close on candle closing below ichimoku, but for long term thats not enough so this is just test again, but i think the probability of winning this trade is high. lets see...

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