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1. What data feed are you using for your forex account?
2. How far did that trade finally end up going?
Then finally, I think what Mike and I meant was to trade LIVE money in the micro forex market. This gives you the feeling of trading with real money but not risking your house to do it. Regardless, it was still a nice trade.
Cheers....looking forward to seeing more.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Execution Score: 4
Saw price drop to big pivot of June 29. MACDBBLine 610 tick confirmed bounce likely. Went long. After a 30 minute wait price finally turned up. It went to my 15 pip target but I bailed when price stalled and I took 11 pips.
Emotional Score: 4
Feel cool and calm but get urge to close when price reaches 2 times risk. Target is 3 times risk.
You need to find a place on the chart you think price will go to, put your target there and then monitor price action. If price presents an entry to the opposite direction before you reach your target, that's your early exit. Otherwise hold to the level.
Do that next week and then lets see how your pnl looks. I'll add to the mix at that point.
Cheers.............
Brian
By the way, if you can, post a chart each day with your journal thoughts marked on it. Its great for reviewing months later.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris