I have chosen to start putting my trades up here for when the market is going sideways. I have been trading since February 2008 after doing a course with fxmeducation. I trade the GBPUSD pretty much solely. All times are GMT. I use Fibbonnaci, MACD, REI, RSI and moving averages as my main indicators. I use timeframes of 4hr, 15, 3 and 1 min. I will not pass on information taught to me by fxmeducation, you'll have to go do the course
Tuesday 30th September
Trade 1 Short
Entry Time: 08:09 @ 18053
Stop Loss 18067
Exit Time: 08:12 @ 18067
Reason: Stop Loss. A stupid, impulsive trade.
Pips: -14
Trade 2 Long
Entry Time: 09:28 @ 18053
Stop Loss 18067
Exit Time: 08:12 @ 18065
Reason: Taking profit
Pips: 12
Trade 3 Short
Entry Time: 10:07 @ 18078
Stop Loss 18088
Exit Time: 10:10 @ 18065
Reason: Taking Profit
Pips: 13
Trade 4 Short
Entry Time: 12:53 @ 18080
Stop Loss 18095
Exit Time: 12:54 @ 18070
Reason: Taking Profit
Pips: 10
Trade 5 Short
Entry Time: 13:14 @ 18096
Stop Loss 18095
Exit Time: 13:16 @ 18085
Reason: Taking Profit
Pips: 11
Wednesday 1st October
Trade 1 Short
Entry Time: 10:50 @ 17845
Stop Loss 17855
Exit Time: 10:54 @ 17826
Reason: Price at 38.2% fib and taking profit.
Pips: 19
Tuesday 30th September
Trade 1 Short
Entry Time: 08:09 @ 18053
Stop Loss 18067
Exit Time: 08:12 @ 18067
Reason: Stop Loss. A stupid, impulsive trade.
Pips: -14
Trade 2 Long
Entry Time: 09:28 @ 18053
Stop Loss 18067
Exit Time: 08:12 @ 18065
Reason: Taking profit
Pips: 12
Trade 3 Short
Entry Time: 10:07 @ 18078
Stop Loss 18088
Exit Time: 10:10 @ 18065
Reason: Taking Profit
Pips: 13
Trade 4 Short
Entry Time: 12:53 @ 18080
Stop Loss 18095
Exit Time: 12:54 @ 18070
Reason: Taking Profit
Pips: 10
Trade 5 Short
Entry Time: 13:14 @ 18096
Stop Loss 18095
Exit Time: 13:16 @ 18085
Reason: Taking Profit
Pips: 11
Wednesday 1st October
Trade 1 Short
Entry Time: 10:50 @ 17845
Stop Loss 17855
Exit Time: 10:54 @ 17826
Reason: Price at 38.2% fib and taking profit.
Pips: 19
The trend is not your friend, it's your master.