Zivas Journal
Page 1 of 503 1 2 3 LastLast
Results 1 to 10 of 26

Thread: Zivas Journal

  1. #1

    Zivas Journal


    I'll be using this as a place to record every trade I make and the profits or losses which result. I exchange with the daily timeframe, using a few indiors using ODL Metatrader: Stochastic (5,3,3), AC oscillator (default settings), and AO oscillator (default configurations ) with EURUSD, USDJPY, USDCHF, and GBPUSD. Candles are also used by me. I only enter transactions at 8pm EST if a set-up presents itself. I have embraced aspects of this system from other profitable traders I have discovered on this forum. This is how I exchange:

    I set a long trade when all of the following happen on the previous day:
    stochastic is crossed in an upward direction
    AO is green
    AC is green
    bull candle
    if the first three happen and the candle is not bull than I do not take the trade and I must watch for another installment.

    I set a brief trade when all of the following happen on the previous day:
    stochastic is crossed at a downward direction
    AO is reddish
    AC is reddish
    bear candle
    if the first three happen and the candle is not bear than I do not take the trade and I must wait for another installment.

    Money Management: 100 TP and 100 SL on all transactions. After the market moves 50 pips at the direction of my trade, I move all stops to break even.

    Just a little background on me: I have been investing in Currency Market for the previous two years. I opened a live account soon (too soon) and dropped half of it fairly fast. After I did a lot of studying and demoed for more than a year. I have now been trading live again for 2 months and I have almost tripled my account dimensions (using very large risk money management). I have decided now to exchange risking of my account dimensions, but I realize it is still regarded as outrageously high to some (20 percent ). The chief reason why I wanted to begin this diary is to improve my discipline. Most of the losses I have incurred over the last few months occurred because I strayed out of my system or attempted trading on a smaller time frame... no more! I am sticking to my principles now.

    As for now, there aren't any installations suggesting I should take a trade, so I'll stand aside. We'll see what happens tomorrow!


  2. #2
    Trade Put yesterday:

    LONG EURUSD @ 1.4552
    LOT#1: TP 1.4652, SL 1.4452
    LOT#2: TP 1.4702, SL 1.4452
    LOT#3: TP 1.4752, SL 1.4452

    I'll move SL to breakeven on all lots when PA reaches 1.4602.

  3. #3
    I won't take any trades again today as there are no set-ups. I'm anticipating long EURUSD, short USDJPY, and short USDCHF set-ups maybe tomorrowor more likely early next week. We'll wait and see!

  4. #4
    I entered one commerce today:

    SHORT USDJPY @ 107.55, TP - 106.55, SL - 108.55

  5. #5
    USDJPY trade struck on SL. Missing 100 pips. Learned several things. I guess that is the whole point of the journal so from this perspective I will call this transaction a success. It is interesting how each loss I incur informs me something about my approach or the market that I did not understand before. For these lessons I am thankful and I will continue trading my system keeping in mind the lessons I have learned.

  6. #6
    # Transactions taken = 1
    # wins = 0
    #losses = 1
    total # pips = -100

  7. #7
    Short Eurusd @ 1.5517. Sl-1.5617, Tp-1.5417

  8. #8
    oops! The above post was designed to read brief @ 1.5417. Anyhow, price has moved over 50 pips in the direction of my trade, so I transferred my SL to break . It's about 1.5335 right now and my TP profit is 1.5317, so we'll wait and see what happens.

  9. #9
    EURUSD attained TP and I obtained 100 pips....

    Up to now:

    # transactions taken: 2
    # wins: 1
    # Gains: 1
    absolute # pips: 0

    I'm not taking any trades now as there are no set ups.

  10. #10
    Short Eur/usd @ 1.4482
    Extended Usd/chf @1.1081

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read more.