7performance questions(weekly)

7 Performance Questions-
1. What will i improve on this week?
Trade very technically.

2. What was i most proud of this week?
Multiple paper traes on the GBP/JPY, namely the triangle breakdown. Multiple 30pip trades planned(but not taken due to work...these next two weeks i am off work so will delve fully into trading).

3. What was my biggest accomplishment this week?
My GBP/JPY triangle breakout trade.

4. What have i done to get closer to my life goal this week?
More experience with documentation. Lots of visualization.

5. What was hard for me this week and why?
Confluence of work, my kid and trading conflicted, i saw multiple entries setting up, but was not allowed to capitalize in part due to being able to manage a trade.

6. What was my biggest waste of time this week?
Can't say anything.

7.What did i do this week that made me ashamed?
I had a trade i that i did a number of things wrong on. Partly because i missed most of the week due to class and work, the entry was jumped, the exit with loss was drawn out.

Hurricane and time of week/month on top of the big move are my reasonings for my thoughts on the U$D giving some back today/monday. We shall see.

Missed this one i had set up

Here's one I had set up, but my kid was running AMOK...so I was not able to manage it.
Wedge/flag in the 1hr/30/15min, higher low, trendline break, then retest with entry.


It's friday, I expect profit taking and people to reduce positions for the weekend.

yesterdays coorelation

this shows the majors will be enough to trade and have good coorelaton

GBP/JPY Breakout

Here's that breakout I was looking for. I was napping(4:30-5:40pmHI time), so missed the trade, but it played out nicely.
From the break at 198.88-198.58, that is a range of 30pips in 21minutes. Note my entry would be on the retest and exits on the macd extreme 1min cross or rising stochastics. In actuality that may have been a trade from 198.83 to 198.68(67 being the DS1 i would likely have taken some profits) a 15pip move if i was being conservative. Remember from my earlier example 15pips is all I need a day.

Woot-

My class for work is over so I am able to devote my focus once again to Trading successfully.
woot.



Here is a shot of the BEAST- i am leaning towards a downside bias as this thing keeps creeping down. Note the 5min box chart with a 10x3pip box. Lots of support, so this bad boy will not break right away, likely leading to a few range trades within this triangle.

Took a BEAST news trade.
ENTRY short @ 215.00
Stopped out @ 208.00
swing low @ 199.84 before i stopped out. That's a profit of +36pips. Hmm. Stopped out at 7pips profit. Kind of lame. I'd usually lock in some profits at +15 pips, but this is the BEAST so
I gave it more room. For BEAST scalps I think I am going to consider 25pips profit.