Last week...

Last week ended well for me.

In mid week I noticed that my win loss percentages for ranging market was 70%++ but when the price moves in trends, my win/loss percentage was less than ideal! about 20-30%!

I was floored.

So I sat down and thought about how different the two are - one oscillate from one resistance level to the last support, while the other flew in one direction.

The temptation to get in, or jump in or chase a trade is immensely great, especially when you see price move and move and move and move! But it's also equally deceptive. You never know when it stops and then go against you. And because price moves so fast, I wasn't even sure when to enter a trend move even when I'm anticipating it.

So I spent most of Thursday last week pondering on it....until friday morning 6am.

And then suddenly things click. I chuckled when I got the 'a ha' moment in bed before dawn.

So on friday, I rode the trend on eu and gu. I'm made pips and I was very happy. It wasn't the pips that made me jump for joy... I was very happy because I traded well in the trending market. 2 trades and to get about 40+ pips.

I want to thank BK who taught me so patiently, Robin who helped me implement it, wife who is ever so patient encouraging me and God whom I believe put all these wonderful people in my life...

I am blessed. (hahah don't that sound like me receiving an award or something?! )

What a satisfaction it was to end on a high note. My win loss percentage has also improved gradually over the last 2/3 weeks. If I can up my confidence during a trending market, I hope the win/loss can stay at about 70%. My money management has also improved- stops are smaller and my profits are larger. (I do see a few more kinks to work on this department though... one thing at a time)

Best of all I think I'm getting more confident because Im trading better. Yay! :)

*******

It's monday today and I started well. Up 40+ pips today. Praise God!