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The Losses Trading is not only wins, trading involves a lot of loss too. No matter how perfect the pattern looks - every trade is "Unique" as Mark Douglas mentions.

Consider losses as a business expense.


EURAUD - Entry on Blue Line after the Fast Down move of 3.1F SI


but price when down and hit stop


GBPAUD - that's m30 chart Exit Resistance with PRL signal and some nice buying waves in the background


but stop hit.....



EURCAD - it looked like the perfect entry Exit from range with PRS abnd High SIs in the up waves


but found buyers - stop hit -26 pips



AUDJPY - Trading with the trend and the volume waves. Green larger then red except a large down wave towards the end after the break of a major resistance, but there is an increasing PVR as price goes down, therefore I considered it as buyers coming in.


but price reversed on us and stop was hit -27 pips. I will re evaluate to enter long on Monday because I see increasing volume on the way down again.



 
 
 

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