constitution

My FX CONSTITUTIONS
I am a PROFICIENT, DISCIPLINED and PROFITABLE TRADER. I enjoy trading to make a profit. I honour the responsibility I have to myself and to those who are watching and depending on me to be such a trader. I continue to educate myself on how the markets work and I also continue to educate myself on how the mind works so that I incur the necessary discipline to execute the right actions for my success. I know how to determine market direction and I have a simple trading methodology that has an entry and two exit strategies, one for profit, one for loss. My trading methodology feels comfortable to me, is easy to understand, obey and execute. I have a set of trading rules that make sense to me and I obey those trading rules. I always trade with a protective stop. When I find a trade, I create that trade and trade my plan. If my currency of choice does not fit my trading methodology, I look for another trade in another currency. If I cannot find a trade, I am patient until the market meets my criteria. Each trade either wins me pips or lesson or experience.

Thursday, February 17, 2011

EURJPY - pin bar off 21ema 4H

- just came back from Pak Cik Suhaimi pengkebumian di Kuang, Selangor.
- pin bar formation off 21ema 4H tf
- TL above is a bit scary though
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edited: 7pm Fri
- price bounce down, SL hit -35pips
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EOW Review:
- the trade entry was at the bounce off TL beginning ot the week

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