Coldrecs day trading journal
1 2 3

thread: Coldrecs day trading journal

  1. #1

    Coldrecs day trading journal

    Hi there,


    I exchange on live account since 2003 and during this more than 7 years I've tried hundreds of systems and thousands of indiors.

    My curent ocupation permits me to be in front of the trading screen virtually all day long. I live in Eastern Europe so that I can maintain office beginning with 5 am GMT and till 20 pm GMT (but of course I seldom stay that much).Given the conditions that I can daytrade.

    Although initially I exchanged little accounts for some time (in the range of 3000 - 5000 eur), throughout the past 3-4 years I managed to exchange a bigger account which lets me buy and sell multiple lots. My egy would be to gradually get into a position once I believe that support or resistance is close and the market is oversold/overbought. My account can quickly adapt a position outside 10 lots without significant risk of having margin call or loosing a huge region of the account. Of course I'm not very pleased if my bets against the market go so wrong that I am forced to these exposures beyond 10 lots. Usually though my place is limited to 3-5 lots. After gathered such a situation, if/when the market turns and goes in my path, I close most of the contracts on break even and that I wait with only a few to finally indie some profits. There are also times once I decide to have a lose on all of the places opened, in order not to risk tripping over that I can manage.

    I order to recognize the moments for my trades, I look at all the major events of the day (opening and closing times of the most important exchanges around the world, fixings in Europe and USA, scheduled significant macroeconomic statements and corporate earnings, choices expires etc).

    I corroborate this vital moments of the day with significant price levels such as classic daily, weekly and monthly pivots, daily bollinger bands, a few proprietary bands, popular long term averages, fibonacci retracements and popular S/R levels from past price action.

    I also have some proprietary indiors (nothing elaborate, just modest modifiion to antique indiors) to measure overbought and oversold state of the market on multiple time-frames. Also, I use some http://www.jurikres.com/ indiors.


    That is all.

    Below I will attempt to maintain a trading journal (the very first one that I make people ).

  2. #2
    You merely trade eur/usd?
    How have you got on this season?
    Also Saxo hasnt got the tightest spreads, heard good things and bad things about them all your encounter together?

    Great trading keep the journal going its always best to read other traders advancement.

    Gordon

  3. #3
    Ok, 1,5669 seems to hold for Today, so I Attempt 2 contracts long in EURUSD @ 1,5680 with Reverse and Stop order under 1,5669

  4. #4
    As the pair recovered above 1,5670 I went again with 2 contracts @ 1,5678. Again the stop loss is bellow 1,5665.

  5. #5
    EURUSD indies no leadership . Since the afternoon gradually comes to an end, given the opportunity with this recent drop in price, I close the remaing contract here @1,5744 for the following 7 pips profit.

    This is going to be all for now. Tomorrow is just another day

  6. #6
    My line in the sand for EURUSD today is 1,5734 (the low from the Asian semester ). I'll be looking to go short if it goes below that level.

    The upward trend cause is of course 1,5766 (the high from Monday).

  7. #7
    Market is not going anywhere so I shut 1 contract @ 1,5740 for 8 pips profit and move the stop loss to break even on the remaining contract.

  8. #8
    You simply trade eur/usd?
    How have you got on this season?
    Also Saxo hasnt got the tightest spreads, heard great things and bad things about them whats your experience with them?

    Good trading maintain the journal going its always best to read other traders progress.

    Gordon
    I trade largely EURUSD. Occasionally I trade USDCHF and USDJPY. However, I believe 90% of my transactions are on EURUSD.

    My account is up 23 percent this year.

    I've two pips spread on EURUSD from Saxo. And it's always like that 99 percent of the time. Only when markets are extremely volatile for a couple seconds the spread goes somewhat bigger. Also Friday following New York near and Sunday earlier Tokio open spreads are sometimes somewhat bigger.

    My expertise with Saxo has ever been very great. Since august 2004 I'm also Introducing Broker for them. Sometimes, very seldom, clients do raise any issues or complaints, largely regarding the rollovers or the netting of positions, however they're very fast and eficiently solved by client support after I get in touch with them.

  9. #9
    I was stoped outside on break even about the remainng contract.
    I am close for now and go home earlyer.

    It has been a slow day without any related gains.

  10. #10
    Great morning!

    My pivotal amounts for now in EURUSD are: UP 1,5706 and DOWN 1,5669.
    I will be searching for JMA trends on the 1 minute chart around both of these amounts in order to go short or long.

    https://www.cliqforex.com/bitcoin-cr...-gt-ema12.html

  •