This is my very first thread at cliqforex. I've been considering documenting my trades at one place for sometime today. I attempted meetpips, however, it was complex. I thought of journaling about it on a blog, but it did not seem practical to me. Eventually decided to list my own trades here.
I am a candlestick trader. I honestly do not use any indiors in any way. My tools are - Candlesticks Pivot Points - Monthly Trendlines and Weekly I trade the currency market. My trading requirements are - Any pair contained in 8 pips spread. 1:1 Leverage - Long term wealth construction Daily Chart My objective with this thread would be - Trade Analysis Self Analysis Successful Knowing the Market Behavior Maintain a Record
Although, I don't restrict myself to couple of pairs, I only concentrate on pairs that are trending, and try my best to trade with this trend.
In the subsequent days, I will chronicle my trades here. Please bear in mind, I am not giving any commerce calls, and so I kindly ask you not to accept any of my trades.
Why I Would not trade - I initially entered the AUD trade, but got out at BE Following few hours. I decided to stay sidelined because of the BIG NEWS in the Feds, particularly the QE 2.
Looking at hindsight, the 2 transactions went nicely, while 1 went sour, but overall would have been good. But I'm a firm believer in maintaining capital and then profiting from it. I don't have any regrets for trading.