Yesterday's trades - Demo
1st trade - waited for breakout from the channel, overall trend was up, confirmation candle bounced from EMA, took 5min CALL - OTM - silly trade, should wait for more clear setup but I tend to rush trades as trading on Demo.
2nd trade - not very clear setup, took previous bearish candle as trend continuation and opened trade 5min PUT - OTM
3rd trade - break out of the channel again, close to previous S/R so expecting reversal, took 15min CALL - ITM - again I should waited for clearer setup.
4th trade - riding the train, took momentary pullback bullish candle which bounced from EMA as confirmation candle and opened 5 min PUT - ITM
1st trade - bullish trend temporarily disrupted by bearish candle, opened trade on next 5min PUT - tight but ITM
2nd trade - been mislead by the bullish pinbar which bounced from BRN and opened 5min CALL - OTM
3rd trade - this trade opened as reaction for previously failed one, rushed thinking it's gonna go up then and it wasn't - 5 min CALL - OTM - oh dear
4th trade - nothing to say really - need to learn how to control emotions, it looked like BRN level holds, thus opened 5min PUT - OTM
5th trade - EU was trending in the channel for some time, then bearish breakout, waited for reversal, bullish pinbar, LOD, waited for confirmation bullish candle, opened 5min CALL as near upper S/R (from previous channel) was close. - ITM
1st trade - another breakout of the smaller channel trade - bullish candle broke out from 2 hours old channel and not waiting for confirmation candle(mistake), opened 5 min CALL - OTM
2nd trade - clear uptrend, bearish confirmation candle almost wiped out previous two bullish candles and retraced from HOD, took 5min CALL as counter trend - ITM
1st trade - strong bearish trend, ride the train, still some room to go down, previous bearish candle with small wicks, took 5 min PUT - ITM
2nd trade - trend reversal, after bullish pinbar retraced from S/R as confirmation candle, I took 5 min CALL - ITM
1st trade - small channel trading - bullish trend disrupted by bearish candle, very small momentum at that time, TOH, VC alert, waited for 13 seconds to let the price go north before opening trade to get some extra pips and it was ITM despite mt4 shows bull candle.
2nd trade - tight channel, my confirmation bullish candle broke S/R of the channel, not being patient took 5min CALL - OTM
3rd trade - another low volume trade - should stay away as very tight but to eager to trade - temporary downtrend before uptrend resumes, opened trade 15sec late to get extra pips, PUT 5 min - ITM
4th trade - a bit volume in the market, downtrend was exhausted, waited for confirmation bullish candle, opened 6 min CALL - ITM
5th trade - ride the train, should open trade one candle later but seen bearish candle cut through EMA and retrace from previous S/R, took 5min CALL - ITM
1st trade - bullish trend exhausted, waited for bearish confirmation, took 15 min PUT but OTM as the last few min price spiked up (5min would be ITM though
2 trade - took counter trade (again ) to previous bullish candle, opened 5min PUT 9 sec later after price spiked up/down - ITM
To sum up wait for the best setup, skip trades you are not sure about rather than take chances and trade less than more with better ITM % not like me. I'm glad it's weekend and have time to revise my trading plan and do some thread reading/learning.
Have a nice weekend guys