Week 6 In Review - What A Bitter-Sweet Week

This week marked the 3rd weeks in a row I'm in the "profit zone". It was a sweet week. I'm very pleased and blessed by HIM with what sort of trader I've transformed into. My 1 year journey to "tame the fx beast within my innerself" had concluded with Nial Fuller's Naked Trading. I felt so in peace with naked trading nowadays that makes me wonder why has I neglected it all this while. My mission now is to master the Price Action method and may be spicing it a bit here and there if necessary.

The bitter news was our managed account was hit by "GBPJPY Tsunami" so hard last week that it now has eaten alive more than 50% of our equity. We were all in Sell and GJ shoot up and never look back at all. It was a bitter lesson for me and MK to swallow huhuhu... We gonna decide tonite (in few hours time before market close) if we need to close all floatings to salvage what left "to trade another day"...

I pray that Allah will keep giving me the ability to be a "proficient, disciplined and profitable" and mastering "the secret of the trade". I'm in peace now, my life is much balance spiritually, emotionally and physically. The only imbalance part is (hehehe of course) the Vitamin D(ollar), which  is very much depleted like the ozone layer itself.

I played futsal every evening with lil Arfan in front of my hut called home. Sometimes Maisarah will join us but not for long coz she will "tarik muka masam" when I hit her with the red latex ball. Arfan, on the other hand, will laugh if I managed to hit him hahaha. Before I become Mr. Mom for the last 1 month, me and my lil Sis Qia will go to Ceragem for free therapy as well. It was so much fun to do and I definitely misz my Ceragem session. Can't wait to lay on it again... afterall, healthy mind and body = healthy trading (",)

I pen off now. Have a good weekend my fella traders.... be good to urself... and be good to the world... and be utmost good to ur Lord All-Mighty...

Week 6 stars 4th April
EU    +37
AU    +34
EG   -30
GJ  +70
GJ  +25
GU  +22
GJ  +33
EJ  +34
UCAD +37
GJ -50
GU -51
AU +42
UCAD +15
EU -51
UJ -60
UCAD +27
UJ +16
AU  +20
UCAD -22
===========
Win 13 Loss 6
Win % 68.42%

Week 5 In Review

This week was a very interesting week to me. The market was not as usual. All JPY pair is very much unpredictable (for me atleast). Overall pips was in the negative region. This is due to my experimenting with Daily OP which require bigger SL, and I got burned haha. I knew now where is my "edge" to better popit (",). Here's what i figure out:

1. Most of the loss entries that I made were xtually a winning one. It goes to 30-40 pips +ve, but due to my "greed", I didnt bank in the popit until the trade goes against me kui3x. What I need to do next week is to bank in popit and let my Win % do it part, insyaAllah.

2. After experimenting with lower time frame on week 4, I realize that I do not have whats it takes to trade in the lower TF. I was not as cool as MK. He did very well in lower TF. So I will stick to my higher TF entry. It more relaxing to me...

Week 5 Begins 28 April

GU    -55
GU    +9
GJ    -50
NU    +2
EJ    +36
NU    -48
UC    -65
UC    -250
EU    +68
UC    +48
EG    +36
AU    -50
AU    +20
EJ    +30
EA    +18
EJ    +7
AU    +7
EU    +11

Win 12 Loss 6
Win % 66.67

Week 4 In Review

I kind of way too late updating my blog. The reason was that starting this 4th week, I no longer going to post images and thought of each and every OP I made coz I truly dont really need to analyze my "why" anymore. I now knew exactly why I loss, win or took the OP, either  good ones or bad ones.


This week was another winning week for me ;-) The winning part was not that enticing to me but the been cool and calm with my entries really get me pumped-up (",). I hope to continue with this "thrill" next week as well....

Week 4 Begins 21 April
=================

AUDUSD    Buy    +41
EURUSD    Buy    +10
GBPUSD    Buy    +35
NZDUSD    Buy    +10
AUDUSD    Sell    -42
AUDUSD    Buy    +26
AUDUSD    Buy    +16
GBPJPY    Buy    -66
GBPUSD    Sell    +43
USDJPY    Buy    +1
EURUSD    Sell    +48
EURJPY    Sell    +29
USDCAD    Sell    +26
USDJPY    sell    -65
EURJPY    sell    -46
NZDUSD    buy    +37
USDCHF    sell    -48
AUDUSD    buy    +35
 
Win 13    Loss 5
Win %     72.22%

Weekly Review - Time To Stick To What I Do Best

This is my review for week 3 of my journey to master the price action setups. I'm happy to say that I am quite satisfy and blessed with my progress thus far... (kasi self-bodek ler ni hehehe)

I just realized that March marked my 1 year journey as a full time trader. Yes, its true that I was trading few years back but that was not done at "trade for a living" level. The psyche was totally different back then. The pressure and emotion flow and psychological tsunami were not that mammoth. Last year I decided to quit my day job and start "memorex full time" - what a bold move. I believed back then that I CAN and WILL be a disciplined, profitable and successful trader. And after 1 full year, I finally see and feel, its is now within my reach....

This last 3 weeks were totally exciting. By Allah's Grace, I revisited Nial Fuller's portal and started studying and applying his methods of PA setups. Trading naked, without indicators, suddenly become such a fun and clear things to do for me. Once a while I still experimenting by plugging my old collection of indis, yet to find out, its only distract my analysis and thus cost my entry badly. I finally give in and now the few EMAs that I still keep on my chart are very thinly colored as not to be seen that much at the background. I only used the EMAs as my dynamic S/R levels to "see" what are PA doing at those level.

[ I got to stop here NOW coz I promised myself to sleep early today. Im sending back my princess Sakinah back to Sek Tun Fatimah early subuh tomorrow. I need to get enuf sleep tonite as the driving will take me bout 4 hours with the pit-stop. InsyaAllah, we shall continue later ....sweetdream fx::tamer ]

EURUSD - Buy

- SL -47pip hit huhu..

This marked the end of my 9-winning streak kui3x. well u win some, u lose some.... as long as u win in humility and u lose in dignity; and stand tall again to win another battle....
- for the record, MK made 12-win streak; with bigger lot and smaller loss... he is truly a Master now... and he is getting better and better each day...
- and i wonder how good MFibo record will look like ehem...
- i nak masak lunch for the kids now and make them some pizza. see u later fx market. dont misz me too much k hahaha

USDCHF - Sell

- TP +36pip hit
-

EURJPY - Sell

-TP +40pip hit
-

NZDUSD - Sell

- TP +27pip hit
-

USDJPY - Sell at 4H Pin Bar Continuation

- Pin Bar formation 4H - strong DT daily/4H = continuation pattern
- R:R is 1:1
==
-  TP +38pip hit

EURGBP - Buy at bounce of Daily S/R

- PB on Daily 3 cs before + price retracing to previous S/R + UT

- daily average EG is too small to trade anymore. will take EG out of my screen by now hehe

==

- TP hit +28pip

GBPUSD - Buy Limit at 50% fib of Daily Pin Bar

- Pin bar formation on daily + UT
- entry at BuyLimit 50% fib of PB or BuyStop if price break today high
- R:R is 1:1 or 1:2
- but MK already entered hehehe... so I cant enter anymore and shall look for other pair(s) ....
==
- BuyLimit entry triggered at 3:30pm at 1.6040. TP at 1.6210, the next logical Res for the last 4/5 cs...
-  BuyStop entry triggered too hehehe
==
- both OP hit TP at +112pip and +52pip... what a good start ah hehehe

WEEK 3 - Refining my Mastering Pin Bar Method (Tribute to MasterKeiga)

My tribute to MasterKeiga...

He was away from the chart for almost 1 full month, but yet he came back and trade successfully last week... wow.... for he is truly a master who is now in peace with himself...

==

This week shall be yet another exciting week with the post 9.0 Ritcher scale earthquake and 10meter tsunami in Japan. The world market shall react to this quite fundamentally. As for me, a technical trader, the PA is all what I need to focus on. Trade what I see, not what I expect.

Last week, MasterKeiga was here and we mengeteh at Dju Trader Haven with MasterFibo. MF went back to Kelate now for the whole week. Safe journey dude...

MasterKeiga reminded me to just focus on the Daily, looking for PB formation. He wanted me to re-study the tutorial videos by Nial in which I did download most of it yesterday and save it in my hard disk, with the intention to go thru it many times today and again. I hope, insyaAllah, this week shall be much better week for me.

Last week I was 4 loss 2 win... not good at all huhuhu..

AUDUSD - Buy of 61% fib of last week retracement

- chatting with masterfibo and he pointed out that AU has retraced to 61% fib off weekly and now touching the 4H TL
- entry was based on masterfibo weekly method.
- R:R is 1:1with SL just below last week low.
==
- TP +45pip hit

EURUSD - Buy Limit at 61% Fib 4H

- I been late updating my blog this week due to my occupancy as Mr. Mom coz my bibik on holiday for 1 month+
- EU was uptrend + BuyLimit at 61% fib of last week retracement which is also strong Support 4H
==
edited:
- TP hit +55pip and then price went back down

USDCHF - Sell Limit at Pin Bar 1H

- Pin Bar formation at 1H + price coming back into Channel.
- R:R is 1:1with small SL in case its a fakey.
==
edited:10pm
- SL -25pip hit

NZDUSD - Sell off Pin Bar 4H (tercut GJ MasterKeiga haha)

- just came back from surau and having my dinner. sblm tu tuition my Maisarah for her exam tmrw.
- me terconfius dgn OP yg Master masuk GJ. wa ingat wa tersilap masuk GJ, so wa terus cut ler kui3x... bengkek jer MK hahaha. sori pak fahmi...
- Pin Bar formation off 4H and 21ema + DT daily
- R:R is 1:2
==edited 10pm
- SL hit -40pip

USDJPY - Sell off Daily Pin Bar

- Pin Bar formation on Daily with tip at 61% fib + monday cs tail at 21ema

- 4H cs bodies at bounce off TL and 50% fib

- R:R is 1:1

==

edited: 10pm

- SL hit -55pip

Post NFP Week...

This week I'm gonna take it slow and really do my analysis, write it down on my Note and wait wait wait until the trade(s) comes to me. Shall apply what MasterFibo said last week "ko kena sabor la" hehe.

Wish me all the traders.... cheers..

EURGBP - Sell off 4H PB (MasterKeiga just came back)

- 2 hours after NFP released.
- PB formation off 4H. MasterKeiga said "masuk jer la" hehehe
- R:R is 1:2
==
- SL -45 hit

Mengeteh dgn MasterFibo...

Im having a tea tarik session with Shamsul Azuar aka MasterFibo now at Dju Forex Heaven. Have not been seeing him for almost 1 month now eventhough our house is just sekangkang kera away... dont ask why but just assume everybody is busy counting pips hahaha... either red or green one dont ask maa...

MasterKeiga is enjoying his hornymoon back in Makasar. He's coming back this Friday nite. Kinda misz him ...

What im learning today is that "I got to control my emotion while trading. Thats all". As MasterFibo put it bluntly "ko kena sabor Lam. mmg ko boleh masuk kat sini, tapi kalu ko tunggu smpi dia break trendline, lagi cantik. SL ko pun kecik jer".

"Macamana aku nak sabor tu?" soalan bodoh aku kasi dia. "Ko kena sabor la", senangnye dia jawab hahaha. But he is perfectly correct. That was the same thing I been reminding myself that I need to master my innerself this coming week.

"Kalu ko nak masuk jgk, masuk ler lot kecik dulu. Bila dah break trendline, ko belasah ler smpi $10" huhu bro, mcm ler aku boleh main $10 now hehehe...

MastarFibo shows me some live entries he made last weeks. OMG, he made it look trading is such an easy tasks. maybe after u have "master ur entry and at peace with ur innerself", trading at Jedi's level is just a breeze...

InsyaAllah, in this near future I too will be Master Jedi....

GBPJPY - Sell Limit at 50% PB Daily

- I ter miss this PB formation on the Daily huhu. I was +50pip late now.
- Sell Limit order at 50% PB retracement technique is applied. hoping price will retrace up during Euro session and continue downward.
- R:R is 1:2
==
edited:
- Sell limit triggered by 530pm GBP red news. News suppose to be good for gbp... haiya. tgk ler how market absorb the news...
==
edited: 2:30 Friday
- SL hit -80pip. This last SL completed my very bad week. All 5 entry were LOSS !!! hidayat...
- time for me to sit back over this weekend and self-evaluating my trades and system execution...

EURCHF - Sell off PB daily

- PB formation off Daily + bounce off 38% fib
- R:R is 1:1.5
==
edited: 230pm Thur
- SL -50pip hit. mak oi. what a week im having... :-(

TIME FOR SELF REFLECTION.....

this journal should have been pen on mlm smlm, but I x berkesempatan nak buat

I just had 3 losses in a row... not a good start of the week at all...

I now decided to apply what my mentor commended - get away frm the computer screen, do something else, come back until my mind is stable again and can follow my "constitution" again. And that is what exactly im doing now... I layan Arfan berceloteh, close all terminals except one, watchcing John Stratham's "Mechanic" movie. Best jgk jalan cerita nya. Menyambil reading my emails and FB etc. My mind is now out of forex world... what a gool feeling it is...

Tmrw I WILL start fresh. I will continue on my success off last week. Few things need to be improved this week, psychologically speaking. My entry will only based on PB formation, 4H/Daily, follow established trend primarily.

Wish me all the best fellow traders... hepi pipping... the green one, i mean. kui3x...

USDCAD - Sell off PB 4H - Stupid Mistake

- this one of those stupid mistake that u will do when ur emotion is not stable hahaha
- will not comment on this entry as "everything was just plain stupid". period.
- SL -20 hit in no time kui3x. lesson learned.

GBPUSD - Sell off PB at 4H

- PB bull and bear at 4H
==
edited:
- SL -30pip hit. it was UT and price just BO frm DT. should have waited until price has decided where to go