Forex Weekly Review 10-15th June 2019

Another great week and this one was just a horrible one in all aspects. Without any more time wasting here is why.

The week didn’t start off great with the EurUsd TcT trade just stopping me out then carying to hit my target. Even though I extended my stop loss to get below the even handle it just wasn’t enough and we carried on higher. But of course this will happen from time to time but here is how it gets worse. On the way up to the retest of the highs I get a FTB signal which was not one I wanted to take due to my prediction of continuing higher. Surprise surprise it lost. Winning bat pattern followed so there was some hope at least and then it all started falling apart. 2 cyphers under each other on GbpUsd lost then another bat on the Euro added to the misery. What is frustrating out of all of this is regardless of me sticking to the plan and taking the trades, I don’t actually learn anything. The patterns just lost, the FTB just lost, its mechanical. On top of that at the end of friday I missed a Cypher on the Euro which was my 4th mistake of the year due to purely a lack of concentration but I will be entering on the sunday evening assuming nothing has changed from the close.

Here is a video that will sum up my views currently and how I feel about this situation right now and why the only thing keeping me going is the next quarter and I am starting to not care at all about this account just because its so mechanical and it is easy to stick to the rules and keep going.

Hope you enjoyed this weeks review even though it was full of complaints it is my reality right now, my blog so I do what I want I guess,


Published by Lach Plays Trading

I'm a forex trader whos journey began January 2018 and has had its ups and downs but has taught me a lot about the markets and myself as a person. Documenting my journey and sharing my experiences for you to be able to learn from them and my prior mistakes. Fully transparent, not afraid to show losses or speak exactly what comes to my mind.

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