Tomi's friendly market journal

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wiseambitions
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Re: Tomi's friendly market journal

Unread post by wiseambitions »

Tomi wrote:No trades today as EUR/USD and GBP/USD didn't do much.

I checked in the afternoon EUR/JPY and USD/JPY. There were nice moves indeed as Dave and Immy stated. I didn't trade those as the waves were in the finals already.

Have fun! Tomorrow again.
It would have been nice to ride the rise in the eurousd which started with NY open, however i wasnt at the desk today, also I notice my best success is trades which close before the americans come to the party.
I wish more people would come on here to share something on their journals

[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)

1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]

"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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Tomi
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Re: Tomi's friendly market journal

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Last edited by Tomi on 08 Jan 2025, 10:40, edited 1 time in total.
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immy
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Re: Tomi's friendly market journal

Unread post by immy »

Well Done! that was good S1 followed by a great S2 for entry or add on! Good you got out in time, because news was near. that kept me out of both EJ and EU!

cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Tomi
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Re: Tomi's friendly market journal

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Tomi
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Re: Tomi's friendly market journal

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Tomi
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Re: Tomi's friendly market journal

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Tomi
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Re: Tomi's friendly market journal

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Bettina
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Re: Tomi's friendly market journal

Unread post by Bettina »

You are not the only Tomi, same with me.
I hate those long moves because I never get anything of them.
Bettina
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immy
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Re: Tomi's friendly market journal

Unread post by immy »

Bettina wrote:You are not the only Tomi, same with me.
I hate those long moves because I never get anything of them.
Bettina
Soon! I will be discussing, in my journal, a way to take advantage of these long moves. then you will start loving those long trends. :-B :-bd
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Bettina
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Re: Tomi's friendly market journal

Unread post by Bettina »

Oh thanks Immy, I'm looking forward to that !
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