Short Recap
Its been hard to get back on track while I'm still recovering and yet have so many tests and works in the university, little by little I guess!
Last week I I missed a big 4H candle that generated a buy signal after some noisy signals around 1.05, so all of my trades were losers, I'm this month down 0.78% but I think if I started earlier I would be in positive territory, however I'm not affected at all, but I really want to place a bunch of trades, maybe its time to create a separate account for that kind of desires and stick to my plan in my principal account.
Last Year I went down so big by trying out ideas just to lose once and then stop using it, that's a great way to lose money and be frustrated, now I'm sticked to only one pair and I've been increasing my position size little by little and things are much more simple, and I had positive months, the bad thing is tight stops can make pretty bad losing streaks, but anyway I ended positive after all.
Analysis
Daily Chart
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While I was resting I spotted that simetric triangle, I said, well this must brake either up or down, but I didn't traded it, however price broke up and bullish strenght is not as big as previous months, I believe in the saying "The bull walks up the stairs and the bear jumps out the window” but I don't know when or where the top of this rally is going to be, so I prefer to play any pullback as a hedge in case of a big fall and only after that I will enter an uptrend if I get any signal.
H4 Chart
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In this TF are many 'consolidation-rally' patterns, the uptrend is slow and steady, but ADX is not showing any significant strenght right now, so I will wait for the next HAS signal or pattern for the next trade.
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Right now Aussie is opening lower and Im trying to get a hedge in case of a fall, HAS next candle is in about 3 hours so may I get an early short signal this week.

On Monday January 30th, 2012 at 06:44AM by kavegoh - Like - 0 People
bro, do u use whatsapp program?
On Tuesday January 31st, 2012 at 04:59AM by IamXavi - Like - 0 People
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