jpa0827 Trading Journal
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thread: jpa0827 Trading Journal

  1. #1
    Member Ameny's Avatar
    83

    jpa0827 Trading Journal

    The goal of the journal is to help me keep track of all of my trades, in addition to my own ideas and emotions during the trade, which will in turn let me return and analyze positives and pitfalls of both losing and winning setups that I had taken. It also will be utilized to assist me become more disicplined and individual as a trader, that will form my trading style.

    I will be focusing mainly on weekly, daily, and 4hr charts, since those are suitable for my life and work schedule. The method that I will be utilizing is Price action mainly from service and resistance at swing highs and lows, but I will make it open ended, since I progress, I will begin using a slightly different technique, while keeping price action as the core for my trading methods.

    Comments from other experienced traders are welcome. I'd prefer this to be a place to publicly discuss possible trade setups and results.

    Though I haven't made it to where I need to be in my trading career. I have observed a dramatic shift in my trading because switching to forex and talking to folks on FF. I would like to thank everybody for helping me understand price action. I especially want to thank James16, Mbqb11, and Mike W. You guys are awesome. It amazes me how willing some people are to help. Lets hope there are lots more folks out there like yourselves. I intend to share my understanding also when I get to your degree.


    Best
    Jim

  2. #2
    Member Ameny's Avatar
    83
    Brief at break of bar. First TP at .6690, 2nd goal in blue zone.


  3. #3
    Junior Member ElTipkEmsi's Avatar
    25
    Just noticed your newly-opened Journal....

    Good luck Jim!

  4. #4
    Member Ameny's Avatar
    83
    1st targt hit, Took Partial profit and moved to Break even. Free Trade.

  5. #5
    Member Ameny's Avatar
    83
    Looks like this pair is attempting to move up. Held it a bit too long, but got the rest of my place outside for 26 PIPS. Oh well. Profit is Profit. Outside at .6700ish. I'm playing it safe by getting out, because the trend is up and it may continue.

  6. #6
    Member Ameny's Avatar
    83
    Mike, allow me to know what you think if you have a opportunity.




  7. #7
    Member Ameny's Avatar
    83
    I've been watching this pair for a few weeks and have been waiting to find out what it does at the .7000 round number. I see maybe a excellent place for a position that is wonderful. However, of course, the market might have to tip its hand with Price Action before I do anything.


    If it keeps going up for another week or so, it will have created some nice room or space to move to the disadvantage, before any trouble areas.


  8. #8
    Member Ameny's Avatar
    83
    Beautiful Entry PA sign on 4hr.

  9. #9
    Member Ameny's Avatar
    83
    Wellnothing new here for me. This was a legitimate trade and was up about 100pips now then reversed hard and I'm currently outside for a loss of 30 pips. I'll be waiting for additional bullish action at the 134.50 degree. We'll see what happens. I got to find a way to ensure that this stops happening while I'm on the job. A trailing stop.

  10. #10
    Member Ameny's Avatar
    83
    Wellnothing new here for me. This was a legitimate trade and was up around 100pips now then reversed hard and I am now out for a reduction of 30 pips. I'll be awaiting for further bullish action in the 134.50 level. We'll see what happens. I got to find a way to make sure that this stops happening while I am on the job. Perhaps a trailing stop.
    Although I am frued with what just happened on this particular transaction. I think I might have made a great call on getting out early before my losses got too carried away. That bearish 4hr Pin is an perfect setup, therefore, I am unsure what's going to occur. It might beable to break through the supports region 134 range. If not, I will always get back in to the side with PA..

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