{"id":5079,"date":"2018-02-13T21:31:42","date_gmt":"2018-02-13T13:31:42","guid":{"rendered":"http:\/\/swingfish.trade\/blog\/?p=5079"},"modified":"2026-06-11T14:52:26","modified_gmt":"2026-06-11T07:52:26","slug":"trade-the-future-not-the-past","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/library\/trade-the-future-not-the-past-5079\/","title":{"rendered":"trade the future, not the past"},"content":{"rendered":"<p>ever come across a chart like the one of USDJPY from today? [<a title=\"\" href=\"https:\/\/www.youtube.com\/watch?v=KSkp2ozUim4\" target=\"_blank\" rel=\"noopener\">live stream from this day<\/a> | <a title=\"256 | +2.707% | 4 Setups\" href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/02\/256-silver-usdjpy\/\" target=\"_blank\" rel=\"noopener\">Trade Log Here<\/a>]<\/p>\n<p>and your trades in this were only part of it or none at all?<br \/>\n(below the image shows the trades I have made myself on this move)<\/p>\n<p><a href=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/15.png\" rel=\"attachment wp-att-5086\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5086 size-full\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/15.png\" alt=\"\" width=\"617\" height=\"280\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/15.png 617w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/15-150x68.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/15-300x136.png 300w\" sizes=\"auto, (max-width: 617px) 100vw, 617px\" \/><\/a><\/p>\n<p>were you thinking like:<\/p>\n<ul>\n<li>WOW 132 Pips (1320 points)<\/li>\n<li>that would have been so much money\u00c2\u00a0i could have made<\/li>\n<li>such an easy trade, but why didn&#8217;t I take it?<\/li>\n<li>if i just held on longer that would be such a large gain<\/li>\n<\/ul>\n<p>well bottom line is &#8220;<strong>YOU DIDN&#8217;T!!<\/strong>&#8221; <em>and that is not a bad thing!<\/em><\/p>\n<p><!--more-->well okay, if you are a trend-trader some of this statements &#8220;may be&#8221; true.<br \/>\nbut if you trade intraday, and you have a set of rules, then outcomes like this are very normal.<\/p>\n<p>moaning about not gained pips in the past is just as contra productive and self-destructing!<\/p>\n<p>and has about the same value as moaning about all the babies you could have made since you passed\u00c2\u00a0puberty.<\/p>\n<p>from my trade plans\u00c2\u00a0perspective, this was a VERY profitable day, as I made far more, as usual, stick to my plan and\u00c2\u00a0had only 1 losing trade.<\/p>\n<p>let&#8217;s\u00c2\u00a0just take this day as an example. my personal trade plan is very simple:<\/p>\n<blockquote><p>Enter at the vWap reversal, hold till next Support or Resistance.<br \/>\nsimple stuff, the beauty of this simple rule is, that i can execute it multiple times during the day.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>split it up:<\/p>\n<p>first trade: &#8220;trade the consolidation back to the channel top, place first 30% size scale in on the bottom to full size&#8221;<br \/>\nresult, trade went exactly as planned, drawdown less than 0.2% at all times.<br \/>\n<a href=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/12.png\" rel=\"attachment wp-att-5083\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5083 size-full\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/12.png\" alt=\"\" width=\"228\" height=\"144\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/12.png 228w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/12-150x95.png 150w\" sizes=\"auto, (max-width: 228px) 100vw, 228px\" \/><\/a><\/p>\n<p>nest one: &#8220;same as the first one&#8221;<br \/>\nresult: did not work as price broke below after the drawdown hit 0.7% position was hedged&#8230;<br \/>\n1 winner one loser so far. overall still a green day (i could just hit the &#8220;close all&#8221; button and still be in profit)<\/p>\n<p><a href=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/13.png\" rel=\"attachment wp-att-5084\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5084 size-full\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/13.png\" alt=\"\" width=\"276\" height=\"191\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/13.png 276w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/13-150x104.png 150w\" sizes=\"auto, (max-width: 276px) 100vw, 276px\" \/><\/a><\/p>\n<p>and the last one: after confirming the direction down, no closeby &amp; significant Support, resolved the hedged position by closing the Buy position with a large loss, while the sell position did cover the loss already (with a 0.7% difference), the mission now &#8220;exit the trade at the next Support level&#8221;<\/p>\n<p><a href=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/14.png\" rel=\"attachment wp-att-5085\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5085 size-medium\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/14-300x261.png\" alt=\"\" width=\"300\" height=\"261\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/14-300x261.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/14-150x130.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/02\/14.png 398w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>and as you can see, this is exactly what happens.<\/p>\n<p>recap: 1 Straight winner, 1 loser, and another massive but planned winner that paid the hedge and made a huge gain.<br \/>\nclosing shop with a 2.7% gain. this is truly a successful day. (it lasted only\u00c2\u00a03 hours as well)<\/p>\n<blockquote><p>the fact that the 3 trades I made only covered 14% of the complete move is completely\u00c2\u00a0irrelevant!<br \/>\nthe day was still a perfect day, as the losses generated where paid for with the follow-up trade almost instantly.<\/p><\/blockquote>\n<p>below the exit, the price fell another 100ish pip, but there was no setup to enter.<\/p>\n<blockquote><p>be grateful if things work out as they should be and do NOT try to catch movements that are not part of your plan.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>ever come across a chart like the one of USDJPY from today? [live stream from this day | Trade Log Here] and your trades in this were only part of it or&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":["post-5079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-library"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=5079"}],"version-history":[{"count":11,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5079\/revisions"}],"predecessor-version":[{"id":431925,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5079\/revisions\/431925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/5209"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=5079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=5079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=5079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}