i did consider buying a dairy and hand writing into it but with my track record id probably spend more time trying to find it than trading as id lose it so often like everything eles thats not in my pocket.
quick background info i came across forex about yeah and half ago after being introduced to it by friend spent well over year learning for past 5 or so months ive sat studying the M5 chart after i came across niceguys thread which i think has helped cause the M5 is fast moving anyway over the weekend i have been looking at daily charts and thinking something i read back in early days of learning forex and that was K.I.S.S (keep it simple stupid) it was on some forex dvd a friend gave me where mentor said it.
So base on that im going to keep it so simple i went back over the daily charts saw it could be good strategy trading daily chart with candle patterns after starring at M5 for months candle patterns can work and one of NG saying was if there not selling then must be buying if a setup failed i think the bonus of the daily charts is higher the time frame the strongerthe pattern will be or so i have read.
Anyway enough of my typing kak im not really using a tp but have a mental tp in my head which is 2x the pip size of the sl unless i feel the need to close the trade early, the first 8 trades from tuesday are below will also post screenshot to justify them im not going to explain the ins or outs of why i took the 8 trades as this is just log book i can keep and look back over but it should be pretty easy to see why i took them.
http://i51.tinypic.com/1176b7d.jpg
Closed Trades
LONG EURUSD 1.36916 sl ~ 1.35933 tp ~ N/A closed ~ 1.35933 (-98.30 pips) (eg)
LONG GBPUSD 1.57326 sl ~ 1.56547 tp ~ N/A closed ~ 1.56547 (-77.90 pips) (eg)
LONG USDCHF 0.88771 sl ~ 0.87887 tp ~ N/A cosed ~ 0.91240 (+270.60 pips) (eg)
LONG GBPCHF 1.39654 sl ~ 1.38180 tp ~ N/A closed ~ 1.40866 (+132.53 pips) (eg)
SHORT EURUSD 1.35869 sl ~ 1.40133 tp ~ N/A closed ~ 1.34603 (+126.60 pips) (eg)
SHORT GBPUSD 1.55098 sl ~ 1.57417 tp ~ N/A closed ~ 1.54218 (+88 pips) (eg)
SHORT AUDUSD 1.00498 sl ~ 1.02909 tp ~ N/A closed ~ 0.98317 (+218.10 pips) (eg)
LONG EURGBP 0.87600 sl ~ 0.86865 tp ~ N/A closed ~ 0.87257 (-52.94 pips) (eg)
LONG EURUSD 1.35206 sl ~ 1.35216 tp ~ N/A closed ~ 1.36267 (+106.10 pips) (h)
LONG AUDUSD 0.98193 sl ~ 0.98203 tp ~ N/A closed ~ 0.99519 (+132.60pips) (h)
LONG GBPUSD 1.54700 sl ~ 1.53396 tp ~ N/A closed ~ 1.53396 (-130.40pips) (h)
LONG EURUSD 1.33379 sl ~ 1.33379 tp ~ N/A closed ~ 1.32948 (-43.10pips) (rr/pl)
LONG AUDUSD 0.95540 sl ~ 0.95640 tp ~ N/A closed ~ 0.96764 (+122.40pips) (h)
SHORT AUDUSD 1.01680 sl ~ 1.03710 tp ~ N/A closed ~ 1.02994 (rr) (-131.40 pips)
LONG USDCAD 1.02325 sl ~ 1.00435 tp ~ N/A closed ~ 1.01246 (pl) (-106.57 pips)
SHORT EURUSD 1.36372 sl ~ 1.39141 tp ~ N/A closed ~ 1.38174 (eg) (-81.20 pips)
SHORT GBPUSD 1.57444 sl ~ 1.58472 tp ~ N/A closed ~ 1.57291 (eg) (+15.30 pips)
Open Trades
quick background info i came across forex about yeah and half ago after being introduced to it by friend spent well over year learning for past 5 or so months ive sat studying the M5 chart after i came across niceguys thread which i think has helped cause the M5 is fast moving anyway over the weekend i have been looking at daily charts and thinking something i read back in early days of learning forex and that was K.I.S.S (keep it simple stupid) it was on some forex dvd a friend gave me where mentor said it.
So base on that im going to keep it so simple i went back over the daily charts saw it could be good strategy trading daily chart with candle patterns after starring at M5 for months candle patterns can work and one of NG saying was if there not selling then must be buying if a setup failed i think the bonus of the daily charts is higher the time frame the strongerthe pattern will be or so i have read.
Anyway enough of my typing kak im not really using a tp but have a mental tp in my head which is 2x the pip size of the sl unless i feel the need to close the trade early, the first 8 trades from tuesday are below will also post screenshot to justify them im not going to explain the ins or outs of why i took the 8 trades as this is just log book i can keep and look back over but it should be pretty easy to see why i took them.
http://i51.tinypic.com/1176b7d.jpg
Closed Trades
LONG EURUSD 1.36916 sl ~ 1.35933 tp ~ N/A closed ~ 1.35933 (-98.30 pips) (eg)
LONG GBPUSD 1.57326 sl ~ 1.56547 tp ~ N/A closed ~ 1.56547 (-77.90 pips) (eg)
LONG USDCHF 0.88771 sl ~ 0.87887 tp ~ N/A cosed ~ 0.91240 (+270.60 pips) (eg)
LONG GBPCHF 1.39654 sl ~ 1.38180 tp ~ N/A closed ~ 1.40866 (+132.53 pips) (eg)
SHORT EURUSD 1.35869 sl ~ 1.40133 tp ~ N/A closed ~ 1.34603 (+126.60 pips) (eg)
SHORT GBPUSD 1.55098 sl ~ 1.57417 tp ~ N/A closed ~ 1.54218 (+88 pips) (eg)
SHORT AUDUSD 1.00498 sl ~ 1.02909 tp ~ N/A closed ~ 0.98317 (+218.10 pips) (eg)
LONG EURGBP 0.87600 sl ~ 0.86865 tp ~ N/A closed ~ 0.87257 (-52.94 pips) (eg)
LONG EURUSD 1.35206 sl ~ 1.35216 tp ~ N/A closed ~ 1.36267 (+106.10 pips) (h)
LONG AUDUSD 0.98193 sl ~ 0.98203 tp ~ N/A closed ~ 0.99519 (+132.60pips) (h)
LONG GBPUSD 1.54700 sl ~ 1.53396 tp ~ N/A closed ~ 1.53396 (-130.40pips) (h)
LONG EURUSD 1.33379 sl ~ 1.33379 tp ~ N/A closed ~ 1.32948 (-43.10pips) (rr/pl)
LONG AUDUSD 0.95540 sl ~ 0.95640 tp ~ N/A closed ~ 0.96764 (+122.40pips) (h)
SHORT AUDUSD 1.01680 sl ~ 1.03710 tp ~ N/A closed ~ 1.02994 (rr) (-131.40 pips)
LONG USDCAD 1.02325 sl ~ 1.00435 tp ~ N/A closed ~ 1.01246 (pl) (-106.57 pips)
SHORT EURUSD 1.36372 sl ~ 1.39141 tp ~ N/A closed ~ 1.38174 (eg) (-81.20 pips)
SHORT GBPUSD 1.57444 sl ~ 1.58472 tp ~ N/A closed ~ 1.57291 (eg) (+15.30 pips)
Open Trades