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Too early entered positions

amaunator Posted 4 Apr.  in #Trader's blog
Hello traders and followers
After I had lost some money in Friday, I managed to make profit. It was good until I entered next positions. I am % sure about it but I have entered this 3 position too early. My positions are described below.
Short EUR/USD - I think it is ending second wave. It doesn't matter what direction it will go in medium term. If it is correction ABC then it will go somewhere about 1.13. If it has begun bearish five wave pattern then it would have passed through 1.13. Either w…
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First day of April contest

amaunator Posted 1 Apr.  in #Trader's blog
Hello traders and followers
Today was first day of April Trader Contest. Unfortunately it didn't work well for me. But first time I saw every mistakes I made in single trade. This gives me a lot of hope for future trading. I think I am very close to a full understanding of forex.
Good luck on your contests
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Summary of the first week of the competition

amaunator Posted 7 Mar.  in #Trader's blog
Hello traders and followers
After a week of competition I managed to nearly wipe out my equity. I did it many times so I get used to it. I have 2 positions right now.
Short NZD/USD; AUD USD - We have 2 similar situations here. It has made divergence and ended 5th wave pattern at H1. Difference is within price levels. In AUD/USD I have TP placed at 0.74. I think here will end 1st bearish wave. NZD/USD is showing us double top pattern. I have TP placed at 0.67 - range of pattern.
Good luck on your…
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