Trev's Trades

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 ????

stopped out for 388 pips profit. Will enter new trade tomorrow.

sell eur/usd at 1.3180, atr5 at yesterdays close was, 265. 50% around 130, so 130 pip trailing stop entered.

Trade #5 was stopped this morning during news, for a loss of -39 pips.

Trade # 6 entered, sell eur/usd at 1.3119, 130 pip trailing stop.

trade 6 stopped out friday, trailing stop didnt advance at all... even a little slippage on the stop... so loss of 135 pips. trade 7 will be entered sunday eve.

sell eur/usd at 1.3342, 130 pip trailing stop.

currently up over 270 pips... no changes or trades for today, will let it run until trailing stop hit. 150 pips locked in so far.

no new trades or changes... trade #7 still in action, 353 pips locked in, but only 15 pips away from being stopped out right now... so most likely that will be the profit on trade unless it turns around pretty quick...

Trev

Edit: stopped out at 1.2989 for 353 pips. The optimal scenario now would be for a big retrace up tonight... then go short on open tomorrow, pick up another big move down. See what happens.

sell eur/usd at 1.3041, 130 pip trailing stop.

just saw my cable trade was stopped out on my ibfx mini account... i have $100 over there that i use to test trading methods. I was testing a modified form of the method i use in this journal, using 100% atr5, trailing stop that advances every 100 pips gained... anyway, i shorted cable on sunday, caught that huge move down, 960 pips... too bad its nanopips... $9.60 profit, haha... my biggest pip gain ever on one trade, and it had to be on the nano account... I couldnt have traded it on my regular account anyway, the stops are too big... but thinking about not making that $9600 per standard lot in 3 days for doing next to nothing is kinda depressing....

Trev

bulls and bears duking it out today... price all over the place, no direction... dragged my trailing stop down, then went up and took it out... so trade 8 stopped out for 36 pip loss...

sell eur/usd at 1.3001, 130 pip trailing stop.

trade #9 trailing stop hit at 1.2901. exactly 100 pip profit. next trade sunday eve.

Sell eur/usd at 1.2938, 130 pip trailing stop.

Hard to put in a short after the big pin bar friday, but have to stick to system.

ok, so price action 1, system 0, haha... trade #10 stopped at 1.3010 for loss of 72 pips.

Trade #11: buy eur/usd at 1.3181, 130 pip trailing stop.

well basically broke even on trade 11.. 9 pips profit.

system says to go long today, but pinbar yesterday, rejection at 1.3300 resistance level... we may be entering a range between 1.3300 and 1.2900... since i am in the upper area of that.. going to go short.

trade 12: sell eur/usd at 1.3181, 130 pip trailing stop. see if price action leads the system again.

trade 12 was not good... i tried to follow price action rather than my system, and it didnt work. cant win them all, i guess, but usually the trailing stop will get reduced. for trade 12, however, price went completely the opposite direction after i entered, so loss of 129 pips. ouch! today i will go with the system, which tells me to go long, even tho we have a double top past two days. price has trended down during the asian market, and USUALLY will reverse during london, but we shall see what actually occurs...

trade #13: buy eur/usd at 1.3104, 130 pip trailing stop.

up 20 pips as i typed this, so cant lose all 130 this time...

ok trade 13 lost 63 pips. system now in selling mode. tough to sell this low, as we are sitting on support levels. i have a late start as well, so have missed out on the asian market dropping. london tends to reverse that action, but we also have gdp report in US session later... expectation is a 5.4% decline, thats a large amount. i wouldnt be suprised to see a better report, although i do expect a negative #. dollar action has been unusual on news reports though. sometimes good us news leads to dollar selloff, rather than buying... anyway, sticking to system.

trade #14: sell eur/usd at 1.2879, 130 pip trailing stop.

trade 14 is currently up around 150 pips... 20 locked in.

i am going to start forward testing a long term strategy, based on weekly charts. essentially it looks for 2 consecutive weekly closes above or below the 10 sma (close). will be a stop and reverse system. i will maintain a disaster stop at 3xatr5. right now on e/u weekly thats about 1700 pips. yowza! also i will initiate secondary trades each week, with a trailing stop of atr 5. potential deep drawdowns! but i expect massive profit as well... i will be trading this on a nano account, as there is no way i would risk a 1700 pip hit on my regular account. past two weeks have closed below the 10sma, so initiating a sell today at 1.2727. updates on this every sunday.

EUR/USD
1. 1/4/09 sell open: 1.3880 close: 1.3465 p/l: 415 pips
2. 1/6/09 sell open: 1.3495 close: 1.3620 p/l: -125 pips
3. 1/7/09 sell open: 1.3580 close: 1.3661 p/l: -81 pips
4. 1/8/09 sell open: 1.3688 close: 1.3300 p/l: 388 pips
5. 1/14/09 sell open: 1.3180 close 1.3219 p/l: -39
6. 1/15/09 sell open: 1.3119 close 1.3254 p/l: -135
7. 1/18/09 sell open: 1.3342 close 1.2989 p/l: 353 pips
8. 1/21/09 sell open: 1.3041 close 1.3077 p/l: -36
9. 1/22/09 sell open: 1.3001 close 1.2901 p/l: 100 pips
10. 1/25/09 sell open 1.2938 close 1.3010 p/l: -72
11. 1/26/09 buy open 1.3181 close 1.3190 p/l: 9 pips
12. 1/27/09 sell open 1.3181 close 1.3310 p/l: -129
13. 1/28/09 buy open 1.3104 close 1.3041 p/l: -63
14. 1/29/09 sell open 1.2879 close 1.2839 p/l: 40 pips (closed feb 2)

Total for january 2009: 625 pips