FTMO Free Trial Challenge with Nse

Yeah. I know. just still adjusting to day-trading, once I've gotten used to it, won't have a problem.

This has gotten back to your entry and probably hit your B.E.
I'm looking at following a bearish narrative tomorrow. with entry at 1.9113 price region and SL at 1.9130

Price is actually ranging at this point

Same here

Yes it has

I don't understand why and where it's selling from

Yeah saw almost the same thing on GBPAUD. I just had to set BE as price was behaving anyhow

I had to wait for price to confirm the sells continuation before I set my limit

confirmation really matters, with how the price is just behaving. it has started consolidating on 15mins. If it breaks above my entry, then It'll get to your entry. But I won't be interested in it again

Yeah, It is. and I think it's next week that it'll break out of the range. meanwhile, 1.9113 is an entry level for sell if price gives a good sell confirmation.

It broke above my entry at 1.1531 retested it and use it for buys. That's why I said I'll lose interest in the sells once it invalidates my entry without confirmation. Price didn't break below NFP day low, it swept below it, still protecting it.

check out this bearish markup, if it will give you a clue from your market angle. Price is protecting the highs and breaking the lows, so there's possibility of pushing to break the low at 1.9000 or form a double bottom there.

Will still follow it up tomorrow. GBPCAD and GBPAUD are looking similar. Seems it's because of GBP.
If price breaks back above 1.8794 and retest it, I'll join the buys with SL below today's low at 1.8775, and TP at 1.8818

It broke above my entry at 1.1531 retested it and use it for buys. That's why I said I'll lose interest in the sells once it invalidates my entry without confirmation. Price didn't break below NFP day low, it swept below it, still protecting it.

Did you sell. Has the trade triggered yet

Yes there is. Those buys I took were internal buys(short term). Price should break out on the lower time-frame so I can have an entry

I'll watch out for buys then

Day 3 Trade summary on the Account.

I took 1 trade setup on the Account today

GBPAUD- Buys
Total number of positions- 5
Lot size- 1.0 (2 positions) 2.0(3 positions) total- 10
Total Risk- 2%
Profit Target-5%

Comment: I realized my mistake. I didn't carefully analyze the trade and determine a proper entry for it. I sighted the daily bullish channel, and the trade looked good for a buy, and I joined, without carefully looking at the intraday bias which is bearish.
After my entry, I realized I was entering from the right shoulder of a bearish Head and shoulder pattern which signalled for a Sell, not a Buy.

I didn't want to close out the trade, so I intended to add position when it sells down to the support, which it did after CPI. But because my Lot sizes where heavy, I had to tighten my risk and keep all 5 positions at max 2% risk. Eventually, the trade Hit my SL. Now It's reversing, but that's all I'll be trading on the account today.

Sticking to my trading Plan and Rule is much more important.
And one of my Core rules is once I've maxed out my positions for the day, I'm done trading for the day. (Max 5 positions per day).
There will always be a better trade Setup tomorrow. so, no need for revenge trading.

EOD Account Balance: $98,047.07

Profit: -$2141.98
Swap: -$0
Commission: -$40

Day 4 Trade Summary on the Account

I took 2 trade setups on the Account yesterday

GBPAUD-Buys and GBPCAD Buys

Total number of positions- 5
Result- 4 loses, 1 profit

Comment: I closed the day in a loss, despite securing profit of $584 earlier during Asian session.
New York session trades, stopped me out, taking back my profits for the day.
I didn't have need to trade during the New York session, but since I have max 5 positions a day, I re-entered GBPCAD buys and GBPAUD buys. GCAD hit SL, while I closed out GBPAUD.

EOD Account Balance: $97,926.83
Profit: -$40.24
Swap: -$0
Commission: -$50
Total: -$90.24

N/B: The Last image (phone mt5 screenshot) is a mistake. Selected tuesday (US100 trades), instead of thursday result.

Day 4 FTMO Dashboard Summary 1
Section 1- Account Size gragh showing account is 2% down.