197 | -3.12% | 2 Setups
Morning everyone, sorry there is no analysis today, as this post, is not made in realtime.
i had some issues to fix this morning first, and made some very bad choices in trades as well.
as a result:
Log: 197 (regardless of its outcome)
should not be considered as advisable part of this log-series.
07:26 bought GOLD and Sold USDJPY
08:32 Reversed gold to Buy in momentum play
08:34 closed USDJPY with flat hedge and a very small gain
bought and sold serval times on GOLD .. due to conflicting pieces of information, causing a massive Drawdown
11:17 still long with 1281.6 and 1287.72 as Targets
11:26 this was maybe not such a good idea to scale in that heavy into the GOLD Buy,
as the USDollar and the Nikkei starting to go up. putting my position again a big loss.
12:01 reversing Gold to sell.
on a side note: if I had not bite myself into GOLD,
seeing USDSGD open all the time where I missed 3 massive opportunities (2 Short / 1 Long)
somethings telling me this will be a very red day.
changing today’s mission from “making money” to “damage control” and reduce the balance drawdown as much as possible.
21:13 it took almost 9 hours to reach to the breakeven point, and just before I was about to close the deal .. price ran up massively giving me another 1.86% loss in just 15 seconds.
closing up for today with a 3.12% loss. (it can’t get any better from here!)