My educational trading journal

Like the title says it will be my educational journal. So I can keep record about my trades.
In my trading I will use Imransait method (it can be found here http://www.forexfactory.com/showthread.php?t=48926 ) with my own twist (I have added 5 more indicators three of them Chim2 Damiani and Signal_Bar_v4 indicators can be found here at FF do not know anymore the exact lint to them. Other two indicator TSI I found from another forum (I donot know if I can post link to other forum so at first I woul not do so but if needed then will post them).
I will trade at first ONLY GBP/JPY at 5 minute TF.
My trading hours are form 05.50 - 13.30 UTC.

First trade at 09.02 UTC buy @ 225,49 at 09.30 TP hit at 225.69

Total pip count +240

Weekly target 100
Pips to reach the target of the week 14
Over the target 0

Week 1 - "+120" pips
Week 2 - "+34" pips
Week 3 - "+86" pips

Confirmation from last trade.

GBP/JPY

07.31 Sell @ 226,65 Stopped out at 227.00 -35 pips
In this trade I let my emotion to decide that I should trade and I did not looked for confirmation about the trend from higher TF. Later when I stopped out from that trade I looked the 15M TF I noticed that I took the trade against the trend.
Lesson to learn from that trade: Look for confirmation about the trend from higher TF!

Second trade today:
07.50 Buy @ 227,05 Trailing stopp hit 09.28 @ 227.60 +55 pips

Pip count today +20

Looks like there will not be any more trades coming on today for me so I will close today with good feelings since I managed to close second day in positive side . But it also teached me good lesson to get confirmation about the trend before entering to a trade.

Since I’m not a full time trader and I have day job so I have to deal with both. That is the problem why I was not able to take any trades today. First trade which was signaled to me was at 04.55 UTC was to early to me so I was not able to jump in since my rules are set so that I am not able to take trade after the signal have appeared a long time ago (long time in that meaning is not more that 5 candles). Second trade at 09.35 I was in the meeting and therefore I was not able to enter that trade either.
So today’s pip count will be 0, witch is not a bad thing but it is not a good thing either because if one would look for 0 pip account growth one would not be trading at all.

Today was a bit better day than yesterday was for me. Although the trade signal was given at 04.10 I managed to get into a trade at 06.30. It was a bit risky because the one of the indicator (MACD) was on the line with others. But like the saying once said: „If you do not take risk then you do not drink champagne”.

Today’s trades so far:
At 06.30 buy 226.52 trailing stop hit at 226.82 so +30 pips
At 13.31 buy 227.89 Take proffit at 228.39 so +50 pips

Total for today +80 pips

Well it is again Friday and my first week is over. It was good week because I managed to reach my weekly pip goal and even managed to gain more pips than planned. I was not able to trade yesterday and today is pretty much the same situation I have lot to do and do not have time to sit in front of the PC to follow the charts.
Lessons to be learned form past week:

1. Follow the trend and do not take trades against the trend!
2. Follow the indicators and learn to trust them!

Lessons to be learn next week:

1. Learn to stay in the trend!

Nice weekend to all of you.

This morning started with bad mood. Everything was in place but still price found resistance just below Weekly Pivot and then bounced back up. So first one was loosing one. Trade details:
At 06.51 Sell 227,96 trade closed at 07.40 228,25 so -29 pips

Let’s see what this day brings.

Well a week has been past since I last written and took any trades. Since it is Christmas period and ending a year there is lo t o do and not very much time for trading. In the past week there were only two trades. One was negative and second was positive. Despite of that that I was not managed to reach my weekly target I think that after all it was good week.
Second trade was yesterday
At 07.00 Sell 225.57 trade closed (TP) at 224.80 so nice +63 pips

Let see what today will bring but I do not have lot of hopes in a matter of trading today.

So this is my third week. First day of the week on 7-th of January I was not able to trade, I was just too busy to do other things. On Tuesday I was trading and market was merciful for me and gave me 80 pips so I am very happy about it. Let see what the third day of the week will bring

Yesterday’s trades I took 4 trades and managed to stay in profit..
Two of them where positive and rest where negative one’s. The first and third trade which were both long one’s where the loosing one’s.
The first entry was risky red lag had been stayed above 0.85 for a while. But I took the risk and entered and it did not work out.
Second trade was nice one. The only thing is that I have to learn to trust more indicators. I would have gain 50 pips more if I would have been had SL with more space to bread.
The third trade I took was just stupid one I took a trade against the trend, and then had to do something else but watch the charts and as a result that trade produced -79 pips (stupid me).
The last trade was taken already at the end of my trading day and I managed to end up with small profit.
So day ended with “+6 pips”