So Its Friday NFP -- What a Day

Hello nice waited NFP day, the things hasnt been very good But I´ve learned a lot, and I saw that my systems worked very well, It was me not the system who failed.


The first trade came of a Short USD/CHF:


This trade was a Spring in a relative S/R zone, Ok the price went to the first support but I managed it bad and put BE quickly. (I saw some bars showing strengh). Then after some more strengh came I didnt took the long. Have to revisit my plan on this kind of trades.

------ Trade Nº 2

This one is funny because I readed the market well, I saw some buying going on Above a Structure point and decided to buy expecting the news of CAD and get a rally. The idea was good, but then the News came good as expected but I saw some BIG SELLING on the Futures and Spot m15.



I convinced my self to wait and see the news instead of Close the position to that vert typical move from the SM (Selling to good news), and I didnt move my SL also.

Anyway Im learning from writing this now, so I really won something more interesting than the pips today :)

Euro kaboom?? I took the spring..

Hello This trade, is one I finally proud of the execution, I entered in the right place. After all dumb day, The bad news about Portugal enter and the Price in Euro/Usd 70 pips, In late US-Session the volume was very High, VSA was calling VSA signals and then I saw the posibility of trading a "Spring", the thing is I was looking for a Shakeout after the thing I saw as Accumulation, so that with the kinda volume decided to enter.



My theory was to use the posibility of a Shakeout to gain 300+ pips, with my Second lot (1st was put on the first S/R). The initial SL was 10 pips, Then I moved it to -3. Well you can see the results this time it didnt work, But I least I had follow a trading idea.

Bad Trigger or Bad Background or Bad management?

Hello today I made a real trade on EU, I saw signs of accumulation and enter the trade on a M5 trigger.

Here you can see the accumulation:




Now here you can see the trigger:



Also I didnt was awared of something when I entered, and this thing was the near background in terms of S/R, etc...





Point A: Is the nearest S/R, and I could have exited half of the position for a 1/1 R:R.

Point B: That was more Interesing because We were on a Downtrade mode on, because of the imposibility of making Higher Higher, and broking the Low of A a new Lower-Low was mande, So I could Have been Looking for Shorts If I was looking at price action only. But that seemed accumulation on m15.


Lessons Learned:
Work your charts before the trade.
Learn to take profits early if we are Counter-Trend.
Not trading When you dont have the best traders.

Friday 1th July!

Hello! This is Friday we had our first session with Richard Seegers, pretty nice guy and seems a very good traders too. I took a trade with him and went well but Im not going to post it because I dont know already why he made it, But I took I nice trade afterwards.

The trade was:



There was weakness in the near Background +1, Also just above a Structure Point +1, Also the were "very bad news for the pair" +1.

Lessons I took, I should enter this type of trade with multi-lots, I preferible use multiple SL too, and probably take the this kind of trade when my dark passanger is telling me to :) (my unconsciousness).

Well have a nice day