Today was the day to observe more than to operate. I saw three setups that did not comply 100% and decided to stay out of it. Sometimes the best operation is to do nothing. Mentality of professional.
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Today was the day to observe more than to operate. I saw three setups that did not comply 100% and decided to stay out of it. Sometimes the best operation is to do nothing. Mentality of professional.
What frustration with CADJPY! Everything indicated entry, but it took me out and then it went straight to the TP. This proves that the market owes nothing to anyone. Either you accept it, or you eat you alive.
GBPUSD gave me the lesson of the day: waiting for the confirmation candle is not whim, it is survival. When I respected it, +2R. When I didn�t respect it days ago, I lost. That�s simple. This is black or white.
Brutal NY Session. Short entry in EURUSD after false break and direct fall. TP at 1:2 without looking back. Every time I confirm that trading in liquidity zones is pure gold.
Today I was a victim of my ego. Double failed entry into AUDUSD for wanting to be right. Result: -4%. Humility and discipline, that's what differentiates a consistent trader from a serial loser.
Week closing with +6%. Not bad for only five well executed operations. No need to overoperate to grow. Risk management and expect the best shots.
Is it me or is the market full of traps this week? It seems that manipulations are on the order of the day. Only those who know how to read beyond the chart survive.
Today I only did one operation: sale at USDCHF. Entry after false breakup and reverse pattern. Target fulfilled and to close the screen. This is how to do stress-free scalping.
The best thing about this system is that it does not need indicators. Pure price action. It teaches you to read the market as a language, not as a technical puzzle.
I made the mistake of entering out of boredom. GBPJPY gave no signal, but I forced the entry. Result: SL and lesson learned. Never operate out of anxiety. That kills accounts.