Bullrock trading journal....

thread: Bullrock trading journal....

  1. #1

    Bullrock trading journal....

    I believe the last time I posted oncliqforexwas in February at 2010 and before that the last time I was very busy was at 2009. I opted to come back and to start a easy trading journal for my own sake and the interest of the community.

    I've very easy rules. Some of them are contentious and debatable but that's my design that fits my character.

    Here they're
    1. I trade the daily timeframe. Sometimes I fall to lower timeframes to optimize my entries. So daily timeframe.
    2. I use mostly PA and SR.. Not a major fan of indiors if they are predictive or lagging or repainting (like the cameleon) Thus PA SR.
    3. No physical stop loss. I am a large fan of trade management and risk control.
    4. Largely no goals in trending markets. Maybe targets in ranging markets. Ie how do you know how long the trend continues. (Remember no prediction.)
    5. The reason for 3 and 4 is that I don't like to expose to the market maker, dealer, broker, whatever are my plans or what can I believe or how my system looks like.


    Ha that is for starters just. I must go now. Will be back later.

    If I forgot some thing from my rules I will add later but those are the main ones.

    Regards
    BR

  2. #2
    This is the other place. Long of AUD/USD.

    Bounce back from trendline? We will see. So this one has opened.

  3. #3
    I will post a few ideas, etc and blah blah. I do not think myself a newbie but neither a seasoned pro or a veteran. My only goal is to be the very best in trading, in beating the odds, in protecting my capital. Actually #1 aim is not to make money but to be the very best at WHAT I am doing. A stuff. Aka KISS (Keep it simple stupid). The majority of the issues comes when we try to overcomplie things and that's straightforward. It's much more difficult to keep things easy. Got it? Simple to complie, hard simplify. I like to look at the charts like a 2 year old looks at the world and ask straightforward questions. It's going up? Let us buy.
    My other favourite is do not ever ever piss against the end!!! Why 1 because you have no idea when the end will change direction or will weaken and will get more powerful and this you'll stink....
    This ribbon is for my accountability and also my live journal so I understand exactly what are my weaknesses and strengths etc.. This is a never ending travel and this is my diary of my trip.

  4. #4
    Current transactions. (I post trades out of my oanda live account)

    EUR/USD short.
    Broke a very long running trendline.
    Price below 1.3
    Momentum and price dynamics bearish.

    See attachment...

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