Thread: Forex Trading Journal

Ok, this really is your transaction I simply entered:

SELL 0.60 EURGBP @ 0.8627
SL 0.8739
TP 0.8577

Originally Posted by ;

Ok, here is your commerce I entered:

SELL 0.60 EURGBP @ 0.8627
SL 0.8739
TP 0.8577

Well that commerce was a stop loss.
TRADE RESULT: -$1059.58

I'm not giving up or anything. Right now I'm setting up everything, my platform, my rules and proceedures etc. to easily change my trading to WEEKLY charts.

Thinking a lot about this AND most importantly the fact that Forex daily pub closes at 3:00AM local time, I think my trading could be much more successful with weekly installments. Stronger setups (more information within one pub ) longer to analyze the installation, clear head (not sleepy etc.)

So mainly there'll be weekly trades with occasional daily setups (never intraday).

Stay tuned for some super killer trades!!!

Do you think you have enough data to be disappointed with all the daily chart and move to weekly? Weekly charts also demand iron level of patience, as the trades come once in a while, and if they come, you have to wait for long to make them profitable.

Only a thought.

Originally Posted by ;

Can you think you have sufficient data to be disappointed with all the daily chart and move to weekly? Weekly charts also require iron degree of patience, so as the trades come once in a while, and when they come, you need to await long to make them fruitful.

Just a thought.

Hello Candlepips, thank you for the article. No, it doesn't have anything to do with statistics or any disappointment. It's only on account of the fact that a daily pub closes at 3 AM local time at which I reside. I attempted to exchange up it at 4 AM, but soon learned this way my overall functionality is weak, I'm not a morning person at all

I think of those ways I could exchange 4H but looks as the intervals would actually mess with my normal job. So I stick to weeklies... perhaps occasionally when I see a possible fantastic setup forming I'd forfeit my sleep to take it on daily... but that would be rare...

Thanks.

sell
audnzd @ 1.2789
sl 1.3224

Oh I see. I see where you are coming from.

Have a great trading profession m8.

Originally Posted by ;

Hello Candlepips, thank you for your post. No, it doesn't have anything to do with statistics or any disappointment. It's only on account of the simple fact that a daily pub closes at 3 AM local time at which I reside. I tried to trade up it at 4 AM, but soon learned this way my general operation is weak, I'm not a morning person at all ...

Originally Posted by ;

market
audnzd @ 1.2789
sl 1.3224

Order stuffed.
Economy 0.30 @ 1.2789

Originally Posted by ;

Order filled.
Sell 0.30 @ 1.2789

This is just an update with this current trade I'm in.
I've put my TP. So far looks great. SL is not transferred.

Originally Posted by ;

AUD/USD
Short

To Not Poor Adilius,

Size is Ok...1.0000 BRN. .some divergence . .what else you have?