Consistency is the Key to success that's why I have taken it upon myself to continuing to pursue my trading journey with derivations and I believe and know I will one day emurge victorious. Everyday is a great day regardless of how bad I felt.
As today been a normal day it's Tuesday and I have not other activities doing than to trade and walk you guys through my forex trading by making posts on this great platform. I always wake up before London session to see what Asian session did before I look to see if I could trade London or not. And if I can trade it I quick and calmly setup my structures on specific timeframes on tradingview and go with the flow.
After am done with that, I then move my metalsmine.com to see If there's any upcoming news so I will be aware and know what to do.
After marking it off, I then go over my flashcards to see what I should do and always pay attention to when trade the financial market.
It takes me 10 to 15 minutes or even more to go through these Flashcards.After all that I then look to see what the market is saying. As I always do today I caught a trade during London session at 1856 for a sell. Really wanted 1855 but you know it's all good.
I held the trade for about 2 hours before I was in profit. But remember my stop loss was 30 pips wuch was at price 1859.77 which was normal.
Newyork came up but today was also a less volatile market which is not very good from the perspective of scalpers who want their profit in the faster way. But me been a swing trader I have to endure it since am cool holding trade for a long time. My stop loss got hit later in the day which I was fine with it but I can't be winning 🥇 all the time and it's not even possible. One thing about me I either win or Breakeven for the day. It may sound crazy but that's how I trade.
I re-entered at 1860 and my target was at 1855 for a 50 pips profit target. My stop-loss was at 1863. Am still holding the trade till now. All my confluence is tell me to hold the trade and actually this is my second time holding a trade overnight. Its okay for me since my broker pays me to go for a short direction but if I was to be hold it for a long position that would have been a different story all together.
Which means I will update you guys on what happened to my trade either I loss or won.
Thank you all for reading and comment my post hope to see you all soon.