The title says moving average, and I did use the moving average this time but it won't always be the moving average.
I think the USDJPY trade #002 might have been abit dragged out, and I jumped in slightly too late. But it is ok.
I also took correlated pairs and am selling the USD.
But its ok.
I think Kei sensei must have some magic that works, and I have been trying different things and I think Kei sensei is really right.
Less is more. If we get 2% in 1 trade and also get 2% in 10 trades, then why would we trade 10 times just to get 2% ?
Why would we pay 10 times the commission just to get the same results plus gain 10 times the stress?
I think the USDJPY #002 trade is a test kit. I need to know how deep the water is, and that trade is my test kit. It doesn't matter if I lose that one or not, because now I remembered what I should do and what I shouldn't.
Look out for fresh potential breakouts, retracements that could be traded.
Get good natural dopamine into the system then come see the charts.
Once you made some money outside, then the charts will be a, "if I have it, I have it. If I don't have it, I don't have it, and I don't give a f" kind of vibe.
If you missed it, don't give it any f because there will be other opportunities that will come.
Sometimes, in this watchlist of pairs, sometimes, you make new watchlists because new fresh potential breakouts and retracements came up.
You will be ok. 1 trade, 2, 3 trades a month is alot. as long as you made some money, just run.
Don't hinge your hopes on getting 10% every month because of ftmo's rules of getting 10% in a month in order to pass the 1st phase of the challenge.
0211SGT 18032025
I think the USDJPY trade #002 might have been abit dragged out, and I jumped in slightly too late. But it is ok.
I also took correlated pairs and am selling the USD.
But its ok.
I think Kei sensei must have some magic that works, and I have been trying different things and I think Kei sensei is really right.
Less is more. If we get 2% in 1 trade and also get 2% in 10 trades, then why would we trade 10 times just to get 2% ?
Why would we pay 10 times the commission just to get the same results plus gain 10 times the stress?
I think the USDJPY #002 trade is a test kit. I need to know how deep the water is, and that trade is my test kit. It doesn't matter if I lose that one or not, because now I remembered what I should do and what I shouldn't.
Look out for fresh potential breakouts, retracements that could be traded.
Get good natural dopamine into the system then come see the charts.
Once you made some money outside, then the charts will be a, "if I have it, I have it. If I don't have it, I don't have it, and I don't give a f" kind of vibe.
If you missed it, don't give it any f because there will be other opportunities that will come.
Sometimes, in this watchlist of pairs, sometimes, you make new watchlists because new fresh potential breakouts and retracements came up.
You will be ok. 1 trade, 2, 3 trades a month is alot. as long as you made some money, just run.
Don't hinge your hopes on getting 10% every month because of ftmo's rules of getting 10% in a month in order to pass the 1st phase of the challenge.
0211SGT 18032025
Trade closed: target reached
+2R profit.+2.8R profit on Oanda mt4 over 3 trades in moving average.
But, broke even on tradingview paper trading.
All is good.
Now have to hold on.
I have some pairs in my watch list in my other tradingview account but I need to hold on now.
Imagine trading 3 trades to get +2.8R in a month, is better than trading 30 trades in a month, getting +2.8R profit.
Sabarrrrrr.
0121SGT 19032025
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.