Lazy's Trader Journal

Hello Seniors
Please let me introduce myself. I am totally newbie trader in forex, and I am a lazy trader (as mentioned in my nick name). Since I am a lazy trader, I only look at the market less than a hour every day (commonly at Sydney's Market Open). I entry market with pending order. I will share my trading activity with you all. Any suggestion with my position would be high appreciated . I trade for these pairs : EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GBP/JPY, EUR/JPY. Let's start the show..

December 17, 2009.
EUR/USD
Current Price = 1.4528
Buy Stop @ 1.4595 SL = 1.4545 TP = 1.4680
Sell Stop @ 1.4500 SL = 1.4550 TP = 1.4415
USD/CHF
Current Price = 1.0387
Buy Stop @ 1.0430 SL = 1.0380 TP = 1.0505
Sell Stop @ 1.0340 SL = 1.0390 TP = 1.0265

I will let those pending orders run itself, hit the TP or the SL . No exact rules for Exit strategy, means anytime We can exit from the market whatever the current running position (in profits or loses pips).

Other pairs..I didn't see any moment to entry into the market

Cheers,
LazyFX

Good luck Lazy, I'll be watching and following along

My Lucky Newbie :

EUR/USD
Sell Stop order executed and Hit The TP (+85 pips)
USD/CHF
Buy Stop order executed, running pips +25

Action :
Cancel the Buy Stop order for EUR/USD, since already hit the TP
Move the SL USD/CHF to the entry level (or close this one and booked +25 pips).

Let's make an assumption, closed the USD/CHF (booked 25 pips), and cancel the Sell Stop pending order.

Total Pips today = 85 pips + 25 pips = + 110 pips

Notes :
1. It's not commonly, that my pending order executed and hit the target at Asia Session Trading, in my newbie experience, pending order commonly executed at Asia / London session and hit the setting point (SL or TP) at the late London session or NY session.
2. The next trading journal will be posted on Monday or Tuesday (Sydney's Trading Session), since I will take my long holiday at this weekend (Moslem's New Year Celebration).


Cheers.
Lazy.FX

Good Day ALL,
It's morning time here . Hope I will make some green pips today. I just found a trading signal moment for pair USD/CHF. Let's start the show

December 21, 2009
USD/CHF
Current Price : 1.0408
Buy Stop @ 1.0501 SL = 1.0451 TP = 1.0576
Sell Stop @ 1.0381 SL = 1.0431 TP = 1.0306

Happy Trading.

Hello Traders.

My pending order for USD/CHF on December 21, 2009 didn't executed yet, so I closed the pending order that posted yesterday. Please be noted, according to Christmas and New Year holidays moment, may the target setting (TP) shall be reduced into 50-80 pips for EUR/USD and 40-75 pips for USD/CHF. Let's start the show

December 22, 2009

EUR/USD
Current Price : 1.4272

Buy Stop @ 1.4377, SL = 1.4327 and TP = 1.4482
Sell Stop @ 1.4262, SL = 1.4312 and TP = 1.4157

USD/CHF
Current Price : 1.0466

Buy Stop @ 1.0486, SL = 1.0436 and TP = 1.0561
Sell Stop @ 1.0380, SL = 1.0430 and TP = 1.0305

GBP/JPY
Current Price : 146.05

Buy Stop @ 146.56, SL = 145.56 and TP = 147.57
Sell Stop @ 145.35, SL = 146.35 and TP = 144.34


Happy Trading.

Update :

December 23, 2009 (waiting the running position)

All pending orders already executed. Let's it run and hit the TP or the SL.
Hope all traders will hit the TP

Happy Trading.

Hello Traders,

Happy New Year 2010 ! (It's a late greeting, but in my thought Later better than Never ). After very long holidays, Let start this journal again. Just look forward and forget the 2009's result

Todays' Trading Entry Level

EUR USD
Current Price = 1.4473

Buy Stop @ 1.4550, SL = 1.4495 and TP = 1.4620
Sell Stop @ 1.4448, SL = 1.4503 and TP = 1.4378

USD/CHF
Current Price = 1.0190

Buy Stop @ 1.0212, SL = 1.0157 and TP = 1.0270
Sell Stop @ 1.0139, SL = 1.0194 and TP = 1.0081

Other Pairs, My newbie's feeling didn't see any trading entry possibility

Hope We all Make Green Pips Today.
Happy Trading.
LazyFX