Mike's Journal MSK185

[Topher]

Superb Mike well done on a nice tidy profit for the month.
Do that each month and it will compound nicely into a significant sum.

Richard

[msk185]

First trade of the week / month, closed for +5 pips after priced stalled.

Entry was on break of 15 min low, but concious of 60 min low just below that, price went through but stalled just shy of a 10 pip tgt at previous support level from Friday.

Happy with my trade though.

Mike

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[msk185]

Trade 2 today +15pips

I decided not to take the setup 1 entry as 240 min low was only 4 pips below the entry point, but a setup 2 was formed just under this level with very little to support below, so took this entry.

Closed trade after price retraced back to 15pips of profit, being critical I should have probably held on but banking 1.5% I'm very happy to take that and say "thank you" to the market.

Cheers
Mike

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[Topher]

Your on fire Mike
I hope the rest of the month is as fruitful for you.

Richard

[Den]

Great Trades Mike, looks like a great month for you ahead. B-)

[msk185]

1st trade today and it was a dumbass one. forgot about the news at 3pm. Result -7pips

Next

Mike

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[msk185]

Trade 2 ended B/E

Took the next attempt short as looked to be wave 5 on the 5 min, despite aggressive cheering from my part , price failed to break the 60min low which is where I should have taken the 10 pips that were on offer. Hope and greed took hold of me so I got a b/e instead.

Hmmmm

Mike

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[msk185]

First trade today and unfortunately a rent trade of -6 pips, seems I am out of tune, one good day and then a string of rents.

I thought I would have got better after 3 months, however today my mood is all wrong i had said that I wouldn't trade but i did and I paid the price

I am still missing the key

Hey ho

Next

Mike

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[lordiko]

Hey Mike,
took the same one, waiting for wave 4. I think the mistake was that there was no crossing the zero- line before. Good learning. I will put a yellow notice at my computer. There are already some.

Have a better next one, it´s waiting for you

lordiko

[msk185]

1st trade this week, 5 pip rent trade, setup looked ok, but interested in others views, entered when price broke the 5 and 1 min lows.

Kept stop behind AIMS level as price showed little momentum either way, finally took my stop.

Mood - feeling defeated. I try hard to keep positive and to want what the market wants, watched the videos of Bill Williams over the weekend but just not getting it. & trades with 5 losses and 2 b/e's

Keep plugging away but not sure what to do to reprogram my mind into winning ways

Mike

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