#23 Trying out another new way to remove confusion

Stronger priority:

EURNZD bearish
AUDJPY bullish
EURCAD bearish
CADJPY bullish
NZDCAD bearish
AUDNZD bullish

Secondary:

GBPAUD bullish
GBPJPY bullish
AUDCAD bearish

Weekend will check on which pair is more “trade-able”, on week day only enter these. Will update my trading plan since its changed.

The focus now is NOT getting the right trade, which I wasted too much attention on. The FOCUS is TRADE MANAGEMENT.

Since I’m kinda mentally exhausted on git gud at PASR, how about throw all of these git gud out of the window and actually focus on most important part of the forex trading aspect.

Through my past few days, I kinda wondering around www to see varieties, found a lots of hot garbages, and some valuable gems. Learn a couple new stuff, then look back to see what the hell make me feeling so wrong.

Eventually indicator land guy actually able to gave me the answer I need. Strat also mentioned that. The issue with Strat is, whenever I need to look for advise, generally I will have to flip through a thread of thousand pages (with this rate, its going to be times 2 sooner and later). I’m not gonna getting the advise I need at the time I need it.

Why don’t you just ask Strat? You might ask. How do you ask about something that you don’t even know? would be my answer. The way that Strat teach people is all well and good, until you don’t know what you don’t know but it still does not work.

If you end out asking such a vague question, you will end up getting ignored, or if you ask it clear enough to show that you are lost, the advice Strat will give you 9 out of 10 is, read back the path, practice, exercise your pasr knowledge on forum and more practice. That… doesn’t work that well either. 1Plus, believe me, it is actually very demotivating to post there overall, someone will pop out and show you “good trades”, and you will never understand why as you going to see them as bold trades.

The stage where “you don’t know what you don’t know” is very problematic, and “knowing only a little” is even more dangerous.

I don’t even know what am I talking right now, I might find a time to actually make a nagging videos to record down the frustration, to see how future me will react.

#10 Recompare my view


Well done, Ali, I am impressed!

A PERFECT Basic PASR trade – a good example for all to follow.

Strat

Ok… that let me reevaluate how I actually sees this candle.

What is stopping me from looking this one as a trade, and this is what I should NOT do in the future:”

  • I generally want PA to retest the SR instead, which it does not in this chart. However, its close. Price is not perfect!!
  • Do you see that blue line and how a lot of resist there at previous swing high? That is kind of making it a small SR for me. Moreover,
  • and then it confluence with Strat Shadow. May be I should only use Strat Shadow as confluence when PA is actually going against it.

That’s it. I’ll suck a little bit less tomorrow.




P.S. A small goal for following 2 weeks, I will be looking for this kind of trade:

  • Ranging
  • From one SR to another SR
  • Across Strat Shadow

#7 New Month Resolution

New Year Month Target?

  • Being consistent on actually doing the analyzing and trading.
  • Aiming for winning 3%2This is actually 3 RR in total. Since my risk per trade is going to always be 1%. The account is small, for the sake of capital preservation. this month.

And that’s it. Let’s just focus in these 2. Doing too much at a time doesn’t work out.

I expect my daily analysis will be faster since I am not going to spend time on chart that is not trade-able anymore with the daily analysis form that I get.

Hopefully this year will be the year I become consistent profitable trader. (Next step is to reproduce a whole guide of PASR in my own word, not to teach, but to make my trade further consistent as I can check whether am I trading properly consistently.)