Haven't found the discipline to post this week, but I'll summarise what I've been up to.
This week I've basically been trading naked, with P&F running in the background. I use P&F to gauge roughly the market structure, and use S/R on the 30M TF to identify where the orders lie. Then I wait to see how the market tests these areas.
Monday
What I did absolutely right was to wait and wait until close to the London open (8GMT). Usually a run can start to develop just prior, and in this case it did. Being my first day trading naked I freaked out and closed for a short profit in what was a good rally. Not ideal to buy against the trend.
Tuesday
Again, timing the start of the London was perfect. I hit my TP target immediately and (partly relief, partly fear) decided not to be greedy and stopped trading.
Thursday
Got overall direction completely wrong today. Somehow got "BUY" stuck in my head all day, and paid the consequences.
Friday
I was right about direction at the LSE open, but missing the entry caused me to get emotional. Was very lucky to come out positive today.
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