BJ42 Journal

Running Tally
1. -1 Loss
2. -1 Loss (JPY on 5 pairs)
3. +2R win
4. +2R win
5. + .5R win
6. + 2R win
7. 0 Break Even Net to date (+4.5R but after costs = 4R)
8. -1 Loss AUDJPY
9. -1 Loss EurCad
10. -1 Loss (re entry) Euro Cad
11. -1 Loss EurGBP
12. +2 R USDCHF
13. +2R EURNZD (+4.5R net to date)
14. -1 Loss Aud usd (-3.5net)
15. +1.7 CHFJPY
16. + 0.6 NZD USD(Net 5.7)
Observation - tinkering with trades - exiting early for BE or exiting before the TP is probably net neutral
17. -1 AUDCad 28th Oct to 4th november (4.6 net)
18. -1 Eur/JPY 5th november (net 3.5)
19. -1 Eur/AUD 15th november (net 2.4R)
20. -1 Cad/CHF 18th november exit (net 1.3)
21. -1 Eurcad exit 18/11 (net 0 R)
Big drawdown - unlucky stop out by 1 pip on the last one. SHould have been up 3R but stop out = 4R difference in account
22. -1 NZD Cad - spread widened to 20 pips on start of new day - broker cleaning up. (-1R now)
23. +3 Eurcad (this was one I was stopped out - then I got right back in.
24. +2R NCad - Net 4 R Now
- several really small losses combined total of 1.5R losses (net 2.5R now)
25. +2.5r GU (closed Friday night). Net 5R
26. +2.5R EU (closed friday night) 22nd november Net 7.5R
27. +2R NZDUSD (+10 R net)
28. -1R NZDCAD loss






















Context - uptrend (emas)
Setup - Squeezing into barrier and constrainted by emas with oscillator extreme
Trigger - bullish outside bar

Comment - entered in anticipation on break out.

Result instant loss. Breakout failed immediately.

Here is daily at same time

Trade 1 GBPCAD - Instant Loss

Trade two - JPY long
5 pairs setup at once.
All five taken with 1/5th position size each - so its being traded as a single trade

some of them I have entered obviously late - but they may also be the strongest pairs and I don’t want to miss out - so the reasoning is that if all 5 are strong, something is happening and given the daily strength of the jpy and I want to be on the trend.

All the jpy were losses.
I had reduced my position size to 20% on each so Risk was 1R loss.

AUDUSD.
Context Trend down.
Setup - sideways pull back, time extended.
Trigger - outside down bar.
Entry - Short on limit order on pull back to the outside down bar.

- Update - exited at +2R

NZD USD
context - downtrend
setup - pull back and oscillators extreme
trigger - pin bar.

Wide stop above the pin saved the trade so far
-
Update - Closed at +2R

USDCAD
Context - Uptrend
Setup - pull back, sideways stalling (indicating the pull back was over) and oscillators extreme
Trigger - bullish outside bar.

Pice had moved away from the entry before I could place an order so I set a limit order.
Price hit the limit perfectly.

Now we wait.

- Update - all pairs are showing that big pin - this not the behaviour I am wanting - so I exited for +0.4R

Trade 6. EURNZD.
Trend - emas.
Pull Back - (both the ema being touched and the oscillators extreme
Trigger - Price breaking under the support line.

Trade 7.
USD JPY
Trend - emas
Pull Back - pin bar off ema.
Iniitally it went no where - but the second last candle on the screen shot is actually an entry too, so this is valid now.

EURNZD result - Trade 6. +2R

USD JPY Result
+0R Break Even
Stalling - none of the other JPYs are looking bearish.
Wait for another setup.

Trade 8 - AUDJPY
All the JPYs look to be moving up.
All the AUD look to be going up.
Breakout trade - these historically have about a 50/50 win rate.

Trade 8 - Loss.
Most breakouts fail but the wins are bigger then the losses

Trade 9 - instant loss

Trade 10 - instant loss Euro/GBP

Trade 12 + 2 R USD CHF

Trade 13 EurNZD + 2 R

Trade 14 - audusd october 2nd 2024 - loss

Trade 15. CHF JPY
+ 1.6