KXR for living

Hi there everyone. I am not expecting a serious crowd to watch my actions. I just would like to publish my trades for my own personal interest. I will be more informative if I will have more time to write . Aaaand here we go for the 1st week of March. Let's see where I can take this.

Unfortunately I dont have too much time in hand to prepare publications so I will be short with my trade entries and when I have time I will make more explanations or analysis of my trades . The attached demo account is showing the purely the trades published here. I will try to keep a good R:R and definitely a solid risk management rules. So here we go with our first trade.


TRADE NO1.
GBPUSD
Entry- 1.28093
SL - 1.28715
TP - 1.26285

TRADE NO 2.
XAUUSD
Entry - 1604.62
SL - 1593.30
TP - 1648.00

TRADE NO 3.
AUDUSD
Entry - 1.04764
SL - 1.03817
TP - 1.06495

This trade is relatively more risky trade. So I may not keep the position too long. 1620.00 is a good point to exit. I am expecting a short consolidation at this point before it breaks above . In order to reduce risk the position could be closed at 1620 point.

TRADE NO 4.
EURUSD
Entry - 1.10899
SL - 1.11333
TP - 1.09705

*Due to risk exposure I am not planning to add more positions even if I see opportunities, so lets see how these will play out within today and we might add up more upcoming days. Right now we have risked 8% of the equity and that is more than enough. We have seen max 3% gain in total till now but this is not what I am expecting to get for return .

Okay here our first trade is over with an unfortunate loss. And although the SL could be shifted slightly better place while keeping the good R:R , I will try to keep the intial SL unless there is a mistyping. -176 USD (1.7% loss)

A bad start to the month and to the week . But I am not down with all this. Nothing new , it is totally random . As at now XAUUSD pair collapsed as well. Loss is 203 USD (%2) . So in total we are down about 3.7% as at now.

TRADE NO 5.
GBPAUD
Entry - 1.95213
SL - 1.96558
TP - 1.91156

Regarding to TRADE NO 4. (EURUSD) we will caught up by a sudden spike. And as I mentioned I could have shifted SL further while keeping the good R:R I am still positive that the pair will make the drop before it decides to move further down or up. We are not going to take a revenge trading so I keep myself out of that pair till a more clear picture to be drawn and cooling off from the loss.

TRADE NO 6.
XAUUSD
Entry - 1597.90
SL - 1612.29
TP - 1580.42

best of luck!
looks like you got a busy day to start with

Cheers mate. Indeed a busy day. I missed few good trades earlier of the day but nothing to worry as long as market moves.

TRADE NO 7.
EURJPY
Entry - 120.189
SL - 120.450
TP - 118.00

*I took this trade about an hour ago and just had a chance to post..

Hi there everyone,

People usually introduce themselves or their aim when they start up a journal. Well as I said I am usually very occupied to write all that and don't know if it would be a personal satisfaction or if it would encourage to those who want to be successful in trading. This is my 10th year in trading and I am still learning and searching what is new out there. I am one of those sick guys who can sit down and talk about forex day and night. I am not trading professional level nor I am an amateur. Managing funds as well working for our family company.

Being a father of 2 and having 2 jobs at the same time adding up with metropol traffic jams slows me down with my postings so I will try to use my time as effective as possible.

I can tell my similar yet very interesting trading adventure just the ones you heard before but it is not going to serve my cause and it would be just another story you read. The reason I start this treat is to leave a mark to a community where I have learned a lot and inspired from some good traders trading ideas. I am not publishing my trades just so you can copy but to show how trading should be in my book. Good R:R adding up with good risk management. Otherwise we can all draw lines and use fancy indicators.

Persistance - Patience- Passion is the secret of success if you dont have any one of them your success will be limited or will fade away when your luck runs out.

GOODIES:

TRADE NO 8.
EURCAD
Entry - 1.4830
SL - 1.4890
TP - 1.4730

My sentiment changed towards buy as it has made a low but not enough to close my order. Now I am thinking if I will see breakeven to close this order and wait for a better setup.

This was a pending order and triggered yesterday and didnt last too long after euro news released. So yet another loss of - 225 USD (2.2%). My sentiment towards euro is still bearish. I can say my SL could be better placed but I wasnt expecting such a drastic jump from Euro yesterday. Needless to say show must go on.

This trade was very close to TP but didnt touch and moved back. I kept it in the hope that it will see the same swing points again but didnt happen and end up loss. -259 USD (2,5%).