Captain's Trading Log

I'm starting this trading journal to document my trades.

I'm an intraday trend trader, mainly working with E/U, G/U, E/J and G/J pairs. I use the dollar index, U/J, E/G and U/Sw to help gauge relative strength of those currencies. I primarily use price action's reaction at support & resistance levels on multiple time frames (4hr, 1hr, 15m) to guide my trading. I use daily/weekly pivot points, whole numbers, trendlines, fibs and moving averages (21,55,200 emas) as support and resistance.

I use moving averages, MACD and Stochastic indicators to give me add'l visual clues and confirmation of trend and momentum on these various timeframes.

I've been trading currencies for about 6-8 months (as of 7/09). Before that, I scalped e-mini futures for about 1 year and actively managed investments in stocks for several years (and continue to do so).

I'm going to post trades, explanations, screenshots and profit/loss in pips after my trading day is done. I'm planning to do this every day.

I'm not making trade calls or giving trading advice, just sharing my trading methodology and actual live trades.

I guess I'm mainly doing this for myself - I feel the need to put myself and my trades "out there" to further my progress. Constructive feedback is always welcome.

I'm going to try and also write about my experience learning money management and my internal psychology as it affects my trading.

As many other posters have written, these two areas of trader development are as important (if not more so) as good technical/fundamental analysis skills.

Oh yeah, another reason I'm doing this journal is to get away from endless hours of staring at charts and trying to reflect on my journey as a trader. While all traders need to put in plenty of screen time to earn their stripes, I'm seeing that studying charts isn't enough - at least for me.

Later.