FTMO Free Trial Challenge with Nse

Day 3 FTMO Dashboard Summary (4)

Section 4- This section shows the Statistics and the Daily summary
As at today,
My win rate reduced to 26.67% because of the drastic change in risk that ended in loss today. It was at 40% on Monday and Tuesday, let's see how tomorrow.
My number of trades so far is 15, which shows I've maintained 5 positions each day so far according to my rule.
My Average RRR reduced also, due to the losses incurred today. as at today, it's at 0.43 Lol.
My profit factor reduced also to 0.16 from 2.
The daily summary shows my total Lot size is 8, compared to 4 on Monday, and 4 on Tuesday.
Two days daily summary is showing instead of 3 because I didn't close the Monday trades the first day, but Tuesday around 4am-5am.

It's a good decision.
My own decision has been never to be scared of news. They are always catalysts to technicals, not antagonists.
I can trade on news days, but I don't trade the news.
Like this EURUSD sells- I gave up on the setup because it was dragging, yet the news even came and validated it strongly.
Would have had a good entry at 1.1560, SL at 1.1589.

This was the selling i was expecting, but price was just unnecessarily slow

Yeah more opportunities will come

I thought you've reached your max loss for today according to your rule

You've hit your max daily loss

Same bias on GBPAUD

This is cool

True though

Day 4 Trade Journal (1) (Thur, 13th August)

Asset- GBPAUD
Trade Type- Long Setup

Idea/Approach-Continuing from yesterday's trade Idea.

Execution - Instant
Analysis TF- D1/4hr/1hr/15mins

Entry - 19110
SL - 1.9065
TP - 1.9253

This is my First trade on the Account today.

Yeah. I know. I was expecting same. Price was consolidating against the CPI news today.
EURUSD sells might continue down to 1.1471 price level.

Yeah. Definitely. Still following up GBPAUD. Will have an entry at 1.9099, SL at 1.9078 region and TP at 1.9191 price level, during Asian session. Expecting it to close today around that region.

Yes I have, that's why I stopped trading today. The 5 positions all summed up to 2% risk. I won't be risking 2% tomorrow though, just wanted to try it on the set and it failed, will have to avoid high risk till I'm up like 2% in profit.

Great. Will join you on the buys tomorrow, if it doesn't leave my entry level at 1.9199 price level. My TP will be at 1.9191 price region.

The sells will continue and it has been confirmed this morning

Yeah, after missing The Buys on AUDUSD and NAS 100, I ended up taking losses on GBPAUD.
Will still keep an eye on the 3 assets tomorrow. Looking at selling Nas 100 from 29750 price level with SL above 29900 price level.

Day 4 Trade Journal (1) (Thur, 13th August)

Asset- GBPAUD
Trade Type- Long Setup

Idea/Approach-Continuing from yesterday's trade Idea.

Execution - Instant
Analysis TF- D1/4hr/1hr/15mins

Entry - 19110
SL - 1.9065
TP - 1.9253

This is my First trade on the Account today.

Day 4 Trade Journal (1) (Thur, 13th August)

Asset- GBPAUD
Trade Type- Long Setup Update

Idea/Approach- I followed up the buys of yesterday, during Asian session after seeing price didn't close below Tuesday's low but only traded below it that yesterday. I entered the buys at the Tuesday's low's price region and exited when price took out yesterday's high by 6am today.
This is the Day-trading Strategy I'm working on; Let's see If I can use it to pass the Account.

Checklist:
a) Validation of Bullish channel on Daily
b) Major Support Level that confluences with the D1 Channel
c) Invalidation of an intraday bearish channel (1hr/4hr)
d) Potential Normal/Inverse Head and Shoulder Pattern formation on MTF or LTF

Execution - Instant
Analysis TF- D1/4hr/1hr/15mins
Entry 1- 1.9110
SL - 1.9115
TP - 1.9302

Comment: This was my first trade today, but I've closed out. Profit $693.50.
The trade was up about $750 in profit, but when I saw price lacking momentum to break above 1.9145 resistance, price level, I exited the trade. price sold after.

Price is already up i haven't seen any possible re entry now