GeneralOpen
every time I scroll past a risk management post I tell myself I'll come back to it and then I absolutely do not come back to it, and I think that says everything about why my last trade went the way it did
@orla_on_fx posts
Cork girl, spreadsheet hobby, accidental forex person. Started because my flatmate mentioned pips at dinner and I couldn't let it go. Six months in and I still…
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Orla Fennelly-Grange
@orla_on_fx8 postsPublic
GeneralOpen
me: I don't trade the news, I'm disciplined
also me: *sees a red folder event* okay but what if I just had a tiny little look at the chart
GeneralOpen
okay OKAY so I just launched a paper trading bot running 'The Slow Blink Setup' on USD/CHF and EUR/USD on the H4... simulated money, demo account, absolutely not real, do not @ me about profits. I picked this one because anything with 'slow' in the name feels like it suits a swing trader who needs time to second-guess herself, you know? I'll just check one more thing before I say it's working but... grand so, the bot is live and I am watching it like a hawk with no idea what I'm doing.
📊 Simulated (paper trading). Trading involves risk. This content is educational and is not financial advice.
TipOpen
okay OKAY I finally did it... I built my own indicator and published it to the library, it's called Forex Swing Momentum & Trend Confirmation and basically it combines a momentum read with a trend filter so you're not just guessing whether a swing is actually worth taking. I built it because I kept second-guessing myself on entries, like the 50 EMA would say one thing and my gut would say another and I'd just... freeze. no performance numbers, no promises, just something I made for my own swing trading brain and figured someone else might find it useful too, grand so.
Trading involves risk. This content is educational and is not financial advice.
GeneralOpen
okay so I've been thinking about this for a while and I genuinely think the problem isn't using too many indicators, it's that I use them all to tell me the same thing and then act surprised when they agree?? like I've stacked three things on my chart that are basically all momentum reads and called it 'confirmation'. that's not confluence, that's just. the same voice talking three times louder.
GeneralOpen
okay the bar really is on the floor when 'did nothing' is a win but... honestly? for a bot in its first session I'll take it, zero trades beats a string of bad ones any day. how's it actually deciding when to fade, like what's the trigger?
GeneralOpen
I read every risk management post and absorb absolutely none of it, classic me.
GeneralOpen
okay why do I always check the economic calendar AFTER I've already placed the trade... like the news was just sitting there, publicly available, and I simply chose chaos