Use for metatrader profiles option

Today I played a little with metatrader profiles option. I made profile for each currency making visible all of the crosses with that currency on one screen. So I have USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD and METALS profile. I want to pay more attention on what is going at higher time frames. With dividing each currency with it's crosses I can more easily see what is going on with it. So I can catch better idea of strenght or weakenss and overall trend for each of them.




First I had to find metatrader client that have all the crosses which I have on Oanda. Fxpro was the one that I found. Then I opened all the crosses of one currency, arranged the layout on the screen and saved that profile. So for CHF I have usd/chf, eur/chf, gbp/chf and chf/jpy because those are available crosses on Oanda with CHF. There is no cad/chf available on Oanda so i didn't include it.



For all of you that are heavy on various indicator setups it's great tool to use and leave screen uncluttered. Metatrader is loaded with so much of custom indicators that you can find all over the net. You can save profile for TA setups like Murray math, Pivot points, Rainbow MA or any other setup that you like for each pair separately. Try imagine all of them one one screen. :D



You can easily navigate with your saved profiles with click on current profile name in the bottom of the screen in the status bar. Yo can also use hot keys Shift+F5 Previous Profile Ctrl+F5 Next Profile.

Good trade

I'm satisfied. I found nice little trade that played out perfectly. In a days when I can't find good scalps, because of crazy volatility and no follow through, this is as good as it gets. Positions in eur/usd and eur/jpy were 1/4 of full size each. I just took the scalp profit when I had it. I didn't even want to think what will happen next. Also those were reversal trades against main trend, so no place to fool around.
Reason for the trade is on third chart. Eur/jpy just had a run of 150 pips breaking on the way resistance level of this week and morning high. Now it was hitting into heavy supply zone from Monday. That is good enough place for some kind of a reaction.
+10 full size pips

Dark side

I really don't understand what do I want. I had 20 pips profit immediately after my first trade. I didn't take them. What do I want? 50? How come that 20 pips isn't enough? How come that I strained from scalping path looking for who knows what?

Than when finally market changed from long to short I close my position around b/e for a day. Than I went long and bring myself new pain. Addition to that I start to bottom fishing in gbp. Just crazy.

Also market is totally strange for me. Some new movements. I'm totally out of sync with good trading behavior and market is hard to trade.

+5 full size pips

As bad as it gets

For first I'm terrible at understanding what is going on in market and usually get it the wrong way. Add to that bad habits that popped out and you get a disaster. I averaged today, than averaged again with double size. Well I really got to take step back. If this market is to volatile for trading as before I got to make new plan. I certainly don't intend to average because it will sometimes work, like it did today, but if not I lose control and it cost me too much. Well it's better not to trade at all than to do bad things and bad trades. I got to leave that feeling of hurry and need to make profit behind me. I've got lucky today and that's all. I'm really not proud of how I handled things today. I just hope that I will stand still for as long as it takes. It's not necessary not to trade but at least understand that market is hard for me and that I don't get it quite well. I really don't. So I need that negative bias to stop being so reckless.
-7 pips

Random

Not very clever, market wasn't in the mode that I thought it was. +6

Bear's winter sleep is finally over

I had idea that was pure imagination but you got to start somewhere. When NFP didn't came as bad as expected and European currencies didn't break on new highs I expected that now we will see a reversal of longer term EU and UK strength last days. It was just from thin air so I didn't want to risk on that and get myself in trouble. So leverage on position was none, 1:1. This month my leverage for full size position is 10x, so this was ten times smaller trade. I figured if I lose 100 pips it's like ten and I can except that.
Well it started to go my way. But, I expected that gbp/usd will melt down so I was trading it and not eur/usd. My second idea was that eur/gbp will bounce again and go higher, reverse it's downtrend. It didn't play that way.
As you can see, I had clumsy first add-on on worst possible place. Well it's a little bit new for me to add on after 80 pips lol.
In the end I exit all three of them when eur/gbp didn't bounce strongly and things were enough extended that anything could happened. Well I was holding my fingers crossed for gbp/usd to lose 500 pips but it didn't, so half success. If I had those trades at exact time's in eur/usd I would get 50 pips more. Anyway, 108+27+10 for 14 full size pips.