The Journal of Simplicity Trade
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thread: The Journal of Simplicity Trade

  1. #1

    The Journal of Simplicity Trade

    I am given permission to restart what Trader101 was doing until he got banned. The trading method is based upon the procedure of Trader101, called Simplicty. Please do not post anything related to this particular method as we won't be talking about this on this thread.

    As for today, I will be trading a single pair in the time, 1 pair per week. This may further expand to a pair per particular market. This aims to record the very best functionality of our system on distinct pairs at different markets.

    Trades posted here are not recommendations, follow at your own risk.

    This diary will further enhance when Trader101 return, we will be trading more pairs and each will be recorded here.

    Please feel free to post your opinions on each particular trades I do.

    This diary Will Start with the following chosen pair:

    EUR/JPY for the week of April 23 to April 28.

    My regional time here is GMT 8, transactions will be executed at anytime the chart gives me a sign.

    This diary will be carefully watched by Trader101, I will attempt to post his opinions about the winnings and losings for transaction reference.


    May good pips be with all of you.


    Regards,


    Ikimashu

  2. #2
    Trade Update:


    Trade#1
    SELL EUR/JPY @ 161.15
    Current: 160.57

    Net: 58 pips


    Remarks: I'm short 2 pips from First Target Profit. Half of the open position will shut at 60, 50 percent will look for additional 50 pips. This autumn appears to be trending for the entire day, so this is likely to be just trade today. Will update again @ NY open.

    Ps. Although the fall of other JPY crosses resulted with my prediction, but I am happy I did not take those trades. My rule is to trade one pair at a time, one a per week, and I am sticking with it.

    Regards,


    Ikimashu

  3. #3
    Update Trade #1

    7:11 PM GMT 8

    Closed @ 160.74

    So current pip:

    50% === 60
    50% === 41

    Average pip earned: 50 pips.


    My remarks:

    A change is currently along the way, might be powerful might be weak, I don't have any idea. I will exit all my positions and wait for following hint. If the fall will resume, I'll enter the trade again, when the change happens then of course...I will buy.

    So buying should be 161.10 or someplace near. . .just my believing, I am going to need to see to confirm !

    Great day!


    Regards,


    Ikimashu

  4. #4
    Monday 23 trade

    Number: #1
    Type: Live
    Time: 12:03 PM
    Pair: EUR/JPY
    Trade: SELL
    Price: 161.15
    SL: 35 pips
    TP: 60-70 pips
    TRADE UPDATE

    Trade #1
    Time: 4:22 GMT 8

    Goal Profit of 60 pips Hit

    Sold 50 Percent of trading positions,

    Remaining 50% Having SL @ 161.00 ( 15 from BE)


    Regards,



    Ikimashu

  5. #5
    I wish one of the finest (ikimashu and t101)!!

    Regards, Dariuske.

  6. #6
    Good Luck

    Wish you many pips

  7. #7
    I wish you the finest ( and t101)!!

    Regards, Dariuske.
    Thank you !

    Regards,

    ( and t101) LOL

  8. #8
    Good Luck

    Wish you many pips
    Thank you WHTenn~ Nice meeting you!

    May pips be with us !

    Regards,


    Ikimashu

  9. #9
    7:14 pm GMT 8


    Wow very powerful reversal happenning here, I thought it would be feeble...

    I got lucky this time that I guess, but the rest of 160.70 already hits my trailling stop....is that still lucky?


    ps. to Trader101.
    The departure there was the shift in the decreasing trend on CAD and USD, especially CAD took a lot of my attention. Have a look on CAD/JPY and you'll discover the answer~ I think next entry will be shortly, but I'm on the way to dinner tonight~ my girlfriend's Birthday today!


    Good luck to all of you~


    Regards,

  10. #10
    Tuesday 24 Exchange

    Number: #2
    Sort: Live
    Time: 4:52 PM
    Pair: EUR/JPY
    Trade: BUY
    Price: 160.89
    SL: 35 pips
    TP: 161.20


    Comment: Though the news will be out in 4 min. I decide to test the signal during news hours. One lot will be traded just.

    Great luck to me

    Regards,

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