Not a bad week - final one for the month ended up as:
DanUK's Advanced Trend Trading Strategy 1,222 replies
DanUK's Intraday Experiment 279 replies
DanUK Trend Trading Journal 2010 433 replies
Eur Simple Trades High Risk Journal 26 replies
DislikedFebruary was a harder trading month than January. E/U was particularly hard as it spent the latter part of the month bouncing between the 1.26 and 1.29 area. However I ended up in profit so I can't really complain!
Total Pips Won: 400
Total Pips Lost: 200
Total Pips Won: 1000
Total Pips Lost: 300
Total Pips Won: 1400
Total Pips Lost: 500
Are your results still based on 77 cross and 100 trail stop or any modifications applied?Ignored
DislikedThis March I decided to tone down my trading a little, reducing the number of entries a little in order to pick the best places to enter. This seems to have resulted in a lot less losses (but then I could have just been lucky - I know I was on the 20th with the Euro!).
March has certainly been very kind!
Total Pips Won: 1300
Total Pips Lost: 0
Total Pips Won: 1100
Total Pips Lost: 100
Very impressive result. Are you still on demo? I read earlier that you follow little bit JohnDoe, Jacko and James. I tried couple of months John doe system but it did not give any consistent result. Also, I see that he had stopped maintaining journal..not sure whether he has stopped using the system or not. But it appears that you are doing well. It would be helpful, if you some time post a chart and explain your own trading style.
DislikedHi FX California,
Thanks for your comments. This certainly isn't the journal of a pro trader or anything like that, which is why I haven't gone into great detail about how I trade! For me this is still a learning-journey and my style of trading is changing as I go along. Not my method of trading - that remains the same, it's just the more I learn the more I am able to identify where I want to trade without the use of indicators etc.
[color=black]I started this journal with a demo account and after the first two months I...Ignored
DislikedAt the end of this week E/U looks to be continuing it's downtrend [...] Extra caution will be taken with G/U in case it is just a deeper correction of the longer term down trend.Ignored
DislikedDan, you are looking to go Short EU and Long GU (not at the same time, though) - but those pairs are corellated...Ignored