Syafi EUR/JPY Trading Journal

Great day with 2 setup trade...

What numbers are you using for you EMA's (or SMA's) and do you only trade the 5 m with touch and trade method.

Reading through some of the earlier pages would help you cruze.

Being away from Trade the whole day, i just come back few minute before the US news.. a good setup with 3 entry ..

Came back to see a good setup, a 2 entry setup ( i only got the second entry as by the time i open the chart, missed the 1st )

another good trade.......

Playing with setup on 1H chart instead of 5m chart as usual...... 2 Entry Trade, pays good.

Wow, having a live audience to make the setup calls, do help in being discipline on the trades

another good shorts, 1 entry trade.

the 1st loss ( because i bail out after 4th entry and hesitated to enter 5th entry as i normally would because of last night impressive move )

-38 pip

We did reverse position att the Cut loss price and exit at 152.65 as mentioned in chat room ( which recovered the loss + profit by 10 pip )

and now the latest trade,

Nice trading week. with 3 trade today.

short EUR/JPY 156.30 - 155.80 - Gap trading...
Short EUR/JPY 155.60 - 155.50
exit early because had to go out,
the original order was 40pip trail,
which would have been very very good

Short EUR/JPY 154.50 - 154.30 - Catching Retracement

Short EUR/USD, missed limit entries by 11 pip....
and it goes 140pip on our side its ok, more trade to come.

last trade +23 pip.

3 stops today -
-6 EUR/JPY short 153.30 exit 153.36 when it spike up to 153.50......
-14 EUR/JPY (Short 152.96 SL 153.10 ) it hit stop wait a while then goes to our 1st target 152.80.....


-30 pip Short EUR/USD 1.4168 -30 (fun trade) also it hit stop then goes to our target direction.

all non setup trade... because market move very high this last few days, i dont take setup trades in fear it would trigger too many entries . but looking back today would have been a great day for the setup we have ....

Good Setup - 2 entry trade.

Do you think my broker will love me ?

Going back to Rainbow to allow me to take more trades at any time market moves
instead of waiting whole day for that 1-2 setup trade.


1 trade in the room on New York Session

1 bad trade

+20 pip

Hi Syfi

Good to know that you are going back to rainbow. Rainbow method looks appropriate for scalping.I am interested in rainbow trading but not sure from where to start learning rainbow. Can you please explain about rainbow or resources for rainbow method.

Thanks

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