Thank you
Type: Posts; : Jhoanperwz1996
Thank you
Fellow traders,
Yesterday I started three places and by closing them now I obtained break-even. From now on, all subsequent trades will be contained in this journal.
Today I went on...
News...
I usually don't give throw about news but Federal Reserve's announcement about its intentions not to further cut rates resulted in the subsequent astrophe.
June 04, 2008 (live...
ISM Manufacturing Index studying for USD came out quite optimistic. So I anticipated EURUSD to go down but it didn't penetrate the 1.5500. Its perplexing, occasionally news have a big effect and...
Hmmm, I simply closed my EURUSD with -4 pips since ISM Manufacturing Index came out favorably backing USD. I really don't know but let's see what happens, I suppose the EURUSD will drop down like...
Ok, update on the current trades. While EURUSD is still on the run (I'm completely aware that I bought a weakness)I shut out open positions in USDJPY and GBP since they round numbered support. ...
Zoopy,
I trust my method. I really do not overleverage. Still when I encounter a drawdown of 5% I feel angry. I really don't understand how to overcome this.
Now to GBPUSD trades. One thing is for sure, by reviewing and recording my own trades in this wayI have realized there are certain frequent failures I replie all the time, therefore I will post just...
June 02, 2008 (live trading began on May 19, 2008):
Ok the trades went well and I am back again at break-even. Had to return from nearly 10% drawdown. Let us continue with the trades I have...
Ok trades are doing fine and my impending P/L shows that I'm back in break-even following this horrible drawdown of 5%. But FEAR will not let me off, its telling me to shut my rankings. I must...
June 02, 2008 (live trading started on May 19, 2008):
when compared with demo-trading, besides monitoring the trades to carefully I have also understood that I'm really afraid of taking...
Yes, sounds quite reasonable. I didn't think about the news! Oh how I despise these news! All my learnings towards FX trading were basically focused on EURUSD and GBPUSD. It its hard for me to...
Hi...I'm Bala
Of course there are lots of successful retail traders on the market....may be I will help.
Okay I think the graphics are clear. I believe its all about simplicity. An associate of FF, can't recall his name but his avatar had a fox on it, he's favorite motto is Simplicity is the highest...
Hi Zoopy,
Thanks for your feedback, really valued. You're completely right, I have to give this thought a serious thought. I just don't know yet that other pairs I need to include in my...
I feel so bad because I didn't stick to the egy of upgrading this journal with each transaction undertaken.
In the future, I will attempt to do it on the best of my skills.
After trade...
... Trade #3.
I shut EURUSD in 1.5782 ( 171 pips) because it appears to stall at resistance @ 1.5782. Let's see if it breaks through it. 1 thing for sure though, I will not trade possible...
Reasoning for trade #3.
EURUSD:
As already mentioned previously, EURUSD is really on a long-term uptrend and that I don't think it'll turn on a sixpence. S/L is set just beneath the...
I took #3 that involved going LONG on: EURUSD, GBPUSD, USDCAD, AUDUSD
And going SHORT on: USDJPY.
Now to the transactions: I haven't closed them yet for I wish to exchange the way I did...
Ok results of the previous three transactions, I figure I number them trade #2.
I shut all of my open positions with following results: EURUSD @ 44 pips, GBPUSD @ 42 pips, AUDUSD @ 13 pips....
Zoopy,
Thanks for taking time and effort to put these pairs together.
I am thinking that even though these currencies are connected to a certain degree, yet these correlations will only...
I have switched to reside trading like 10 days ago and have to say that something is different in contrast to demo-trading. While demoing, I used to make like 20 - 30 percent per months. Now,...
CAD/CHF Buy stop @ 0,76148
SL @ 0,75054
Simply thread I found which was suitable to this.
Okay so 1 pip for every signal. It will never have a reduction
Okay
So what sort of profit goal and stopless would you think would be acceptable