Its a new week for day trading. I'm super excited today even though I was lost almost $18 last week. Im not excited to revenge trade but I'm excited of the pattern that I have discovered. Today at 10:36 AM I (1st Trade)LONG EUR/USD because among the group A, he is the only one who is laggard in uptrend while his group mates are moving up already that's why I bet LONG on EUR/USD and of 1:46 PM I'm up .29 cents because I only open 0.01 volume. I sold EUR/USD at the profit of 3.7 pips and I re entry for (2nd Trade)SHORT at 1.08033 with 0.02 volume. If I didn't sell early the EUR/USD I could have gained at 20 pips. Now the GPB/USD and USD/CHF I spotted a Market Order Bubble at 15M timeframe which obviously its amazing because they belong to their opposite group thats why I (3rd Trade)SHORT AUD/USD at .64732 and sold it with a profit of 5.5 pips. If I did not sold it early I could gain 10 pips but I don't care a profit is a profit. As a trader you don't know where the price could go up or down that's why if you have a profit locked it in and use TRAILING STOP. I sold the EUR/USD that I short at the gain of 2.5 which is really really small but dont worry Im planning to short again at the exact same entry.
4:09PM Now I (4th Trade)SHORT GBP/USD at 1.26286 at 0.02 volume. I take this trade because it belong to group A which I bet that this group will go down that's one of my bias and I saw a potential reversal its because of Market Order Bubble which is really nice indicator for reversal especially in the S&P level. Patience is really important in the market because when your patient you are probably a humble trader that's why the Market pays to those who are greedy and impatient towards it. At 4:50 PM the price slowly going up which is again'ts my entry and what I am felling right now is that I'm anxious and worried because I might loosing money today especially I'm trading without any stop loss. Now at 6:42 PM the price went up to 1.26393 which obviously I'm losing but still I'm holding it because I know it will go down according to my bias. I'm still down in this trade and I'm kind like want to enter another trade with EUR/USD to short again because it really came back to the price where I did short 4 hours ago but I will just watch the market what the chart will look like or what directions it will go especially each of the group. I'm a bit worried because its almost 8:00 PM which is the New York Session is opening I don't know which direction the price will massively change. Because each New York Session the price really change a lot with a big volume. 8:16PM now I'm starting gaining but its really slow, I didn't expect that to be so lousy, but here I am waiting to see what could pull the trigger on this currency to go down(hope so). I sold it with only 4.4 pips gained which obviously a gain but its not what I'm expecting for.
4:35 PM as I watch the charts at 15M timeframe I noticed that the EUR/USD and GPB/USD has formed some Market Order Bubbles with the Green while the NZD/USD I spotted with MOB but with Red Bubble and As I look at the group B USD/CAD and USD/JPY formed a Green MOB while the USD/CHF formed a Red MOB. I was frustrated because this is not the pattern that I expected because Each group should be identical and should have the same pattern and correlate each other.
4:42 PM in terms of Change of Price only the USD/CHF is down at 0.15% while the others are up. Only the USD/CAD has the lowest up change at 0.06% while the highest is GBP/USD at 0.35%. If Only I Bet USD/CHF (which I planned to but hesitant) for LONG i could have gained 10 pips.
9:16PM I (5th Trade)SHORT again GBP/USD at 1.2635 with 0.02 volume. I sold it quick because its getting late and I want to go read a book before sleeping. Sold it with a profit of 2.5 pips only :D So that's it for now. See Ya!
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