I have decided to keep an online journal of trading, i wanted to have a reference point for my trades, as well as a log of my thoughts as to where price was going. Currently i am trading on daily charts, using MA cross to determine trend, and trading at the open in direction of trend. I don't use a Take Profit, letting trades run until stop is hit. Currently I use a trailing stop of 50% of ATR 5, around 100-150 pips these days. I may also take discretionary trades if I see price hitting trend lines, support and resistance, etc. especially during ranging periods. I am also adding a weekly chart method, using an 11 ema (changed end of Feb from 10sma). After 2 consecutive weekly closes above or below the ma, enter a trade in that direction, with a disaster stop of 3x atr 5. each week add a lot in same direction with a trailing stop of atr 5. Reverse primary trade with 2 weekly closes in opposite direction, and close all secondary trades that havent been stopped. Huge stop losses on this method, so trade at your own risk!!
EUR/USD Daily System
January 2009: trades listed in post #20. 14 trades, 6 winners 8 losers. avg winner 218 pips. avg loser 78 pips. total 625 pips
January account balance: +27%
February 2009: trades in post #39. 11 trades, 4 wins, 7 losses. avg winner 72, avg loser 61, total -140 pips.
Feb acct balance: -5%
March 2009
26. 3/1/2009 sell open 1.2592 close 1.2640 p/l -48
27. 3/2/2009 sell open 1.2617 close 1.2668 p/l -51
28. 3/9/2009 sell open 1.2677 close 1.2800 p/l -123
29. 3/11/2009 buy open 1.2837 close 1.2944 p/l 107
30. 3/17/2009 buy open 1.3041 close 1.3551 p/l 510
Total for March: 395
Total for 2009: 880
EUR/USD Weekly System
1. 2/2/09 sell 1.2727 close ????
1a. 2/9/09 sell 1.2949 close ????
1b. 2/22/09 sell 1.2873 close ????
1c. 3/1/09 sell 1.2590 close ????
1d. 3/9/02 sell 1.2655 close ????
EUR/USD Daily System
January 2009: trades listed in post #20. 14 trades, 6 winners 8 losers. avg winner 218 pips. avg loser 78 pips. total 625 pips
January account balance: +27%
February 2009: trades in post #39. 11 trades, 4 wins, 7 losses. avg winner 72, avg loser 61, total -140 pips.
Feb acct balance: -5%
March 2009
26. 3/1/2009 sell open 1.2592 close 1.2640 p/l -48
27. 3/2/2009 sell open 1.2617 close 1.2668 p/l -51
28. 3/9/2009 sell open 1.2677 close 1.2800 p/l -123
29. 3/11/2009 buy open 1.2837 close 1.2944 p/l 107
30. 3/17/2009 buy open 1.3041 close 1.3551 p/l 510
Total for March: 395
Total for 2009: 880
EUR/USD Weekly System
1. 2/2/09 sell 1.2727 close ????
1a. 2/9/09 sell 1.2949 close ????
1b. 2/22/09 sell 1.2873 close ????
1c. 3/1/09 sell 1.2590 close ????
1d. 3/9/02 sell 1.2655 close ????