Mad Cows Trading Journal: EURUSD

[StupidCow]

A bit rusty on the exit there, but I'm 1/4th to my daily pip total.

 

[StupidCow]

EURUSD
Long
4349
4334
43XX (Manual)

 

[StupidCow]

EURUSD
Long
+7

Searching for Trade Signal...

 

[StupidCow]

Emotionally, I'd like to fade this short from here, but I don't have the signal for it. So, I'm going to let someone else do the fading this time.

 

[StupidCow]

45+% of pip total for the day.

 

[StupidCow]

Potential fade signal.....

 

[StupidCow]

EURUSD
Short
4358
Manual
Manual

 

[StupidCow]

EURUSD
Short
-12.2

 

[StupidCow]

That was a very poor fade.

 

[StupidCow]

15% of daily total.

I thought it was going to be a really quick and easy day.

 

[StupidCow]

Strong hourly move, but I'm not buying into it from here.

 

[StupidCow]

A fundamental error. Slightly broke a fade rule of mine on the hourly - never fade with more than 15 minutes on the hourly bar. A slight bit of emotion on that one. Need to keep the emotions in check at all times. Emotions cost money.

 

[StupidCow]

Scanning for Trade Signal....

 

[StupidCow]

Market Scope Update:

- A very strong Ascending Triangle now forming on the EURUSD hourly chart.

...
...
...

- The ascending triangle on the hourly favors the upside for next session. However, my trades are much smaller than one day in duration and more numerous.

Too bad I don't trade hourly ascending triangles - which tend to break opposite of conventional wisdom.

 

[StupidCow]

EURUSD
Long
4365
4356
4380

 

[StupidCow]

EURUSD
Long
4365
4356
4380 (revisable)

 

[StupidCow]

EURUSD
Long
-9

Scanning for Trade Signal...

 

[StupidCow]

-7.5% of daily total. (+40 pips)

 

[StupidCow]

EURUSD
Long
4363
4377 (revisable)
4347

 

[StupidCow]

Here comes the rocket shot.