#002 Daily Time Frame Continuous Bar EURUSD Sell

22 พ.ย. 2024

As usual, this is my do nothing strategy which I don't give much thoughts about. I think, especially when it is small account with small risk. And I have other things to distract me, so, I allow these trades to play out. Small loss, breakeven, small profit or hit full TP or Full SL.

Hitting full stoploss or full TP is harder because I trail my stoploss to the previous day's positive expected outcome's swing low (for longs, vice versa).

So, besides this trade, I also have the XAGSGD running. I will be shifting the stop loss whenever the previous day's bar closes in the green, and not shift it when it is in the red. I might not shift the stop loss if the green isn't very strong, such as a topside rejection doji but in green, like the XAGSGD's previous days green candlestick.

That's all for now, time for coffee.

1109SGT 22112024

25 พ.ย. 2024

ปิดการเทรด ด้วยตนเอง

Closed EURUSD for a small loss of 14cents. On Friday's close, I was in profit of about 46cents (1$ = 1R).

I am thinking if it would be wise to take profit whenever I want to based on experience and intuition because money is money. Idiots would let fishes that they have netted all swim away (breakeven) and even causing the net to have a big hole which needs repairing (drawdown).

1507SGT 25112024