Life of a Scalper using Pivot Point & Ichimoku

Hi guys, I would be starting my trade journal to reflect on my mistakes and keep track of my target to make 1000% profit.

After reading ForexSaint trade journal, inspire me to try out 1000% target too

Will be writing more on my strategy

Currently Using:

Ichimoku Kinko Hyo, Pivot Point, Harmonic Patterns

USD/JPY Long Signal @@ Day & Week Pivot Point

Risk 12 pips
Reward Target : 50 pips
R:R 1:4

S/L Somewhere below the cloud.

Stop 95.60 // Target 96.10

http://sphotos-e.ak.fbcdn.net/hphoto...58192178_n.jpg

Head & Shoulder - EUR / USD

http://sphotos-f.ak.fbcdn.net/hphoto...08574046_n.jpg

T/P 1.2950
S/L 1.2860

Mistake committed for today :

NZD/USD Short at 8303 - Harmonic Bat
Stop out at 8340

Play too big for the above

GBP/USD Short - Go against trend . Stop out with 30-40 pips loss.



Current Plan:

Scalp and scalp till I back to yesterday equity.

Looking to play 95.00 USD JPY One to One Harmonic Pattern + Round Number.

Risk: 15 Pips
Reward: Possible 50 pips or more.



Conclusion:

Scalper works better than mid term play - e.g those 30-40 pips.

I am testing our different strategy and realize scalping at good entry . e.g round number (usd/jpy i long at 95.09 playing round number 95.00) with 15 pips risk targetting 20-50 pips reward.

Keeping my unit same i could actually make my trades risk free.