JAG fx Trade Journal

I am trying to build up a bit of a track record in a public forum, so this seems to be as good a place as any. I trade mainly the GBP and EUR/JPY using tech indicators on a 2hr chart. I enter with a position size that I can close half at a certain level. I do use Oanda, which lends itself nicely to this, however if you were using another platform, you would be required to open with 2 lots etc. My trades can last hours or days.

I have been trading this method for while and it does semm pretty consistent, so I'm pretty confident this journal will show a profitable result. Like most systems, there will be losers, but they will be pretty well controlled. The trick is to catch the big moves, which will more than make up for the losses. Currently short on the GBP and the EUR/JPY, so I'll have to wait on new signals. As most of my trades are 'at market' orders, I will enter my trades on my platform and then immediately call the trades here in this forum, so there maybe a few pips out of sync, but hopefully should work out in the wash.

Now I Just have to wait on some new trades, and looking forward to the challenge. Cheers.

Just bought GBP at 2.0299 with a stop at 2.0235 (-69) for now. I trade on Oanda, and I am already down 19pts. Great start.

I can't count either. My stop at 2.0235 is actually 64pts below the entry price. Not that it matters, as I have just moved it to 2.0255 (-44).

The GBP long seems to have picked up a little steam now and is presently at +36pts. I have decided to set an order to close half the position at =50pts, which is at a price of 2.0349. If this happens, I will then consider moving my stop loss on the remaining half to break even. That's the plan anyway.

I'm just about to head of to bed and the trade has gone a little pear shaped, so I am setting my stop at break even. Currently at +5. I just don't want to worry about it whilst asleep and there is more news coming out in about 20 mins. Cheers.

My break even stop was nailed on a little spike down just after midnight, so out of this trade at break even. The market did recover somewhat and reach a high of around 2.0378, which would have been more than enough for my 50pts - bummer! Onto the next trade now. Cheers.

My normal day job and sleep seems to be interfering with my trades at the moment. Normally I can sneak my entries in between work and sleep, but as Murphy's Law would have it, since I have started this journal, nothing seems to be working out for me with regards to entries. I have missed about three now, and there is no point in going into the possible results as they are all in the past now.

So I guess it is just a matter of being patient, and wait for new signals. Cheers.

I must apologise for my lack of posts. I am finding it difficult to complete my own trades, then log them into Collective 2 and then post them here. So I have basically sacraficed this forum. My trades require a bit of work with trailing stops and possible partial profit targets, so there is a bit of work involved, especially with Collective 2 which isn't the most user friendly platform.

That's my excuse anyway, and I'm sticking to it. But having said all that, I can still update this thread every now and then. I will just show the link to my Collective 2 system, which is called JAG fx. At least the trades have been called, maybe not here, but at least somewhere independant. Cheers.

I have made a few trades already this week, which have been posted to Collective 2. It doesn't seem to take long to get your Journal bumped down the main page if it is not updated on a regular basis. I'll have to check out the others to see how everyone else is performing. My theory though, slow and steady wins the race, and as long as I am profitable overall, I'm pretty happy. Cheers.

Overall it was pretty good week, but having said that, it was a pretty easy week to trade with some nice moves. I have gone back to the 1hr charts just to give me a bit more action. Then I decided to add some more pairs, but that just stressed me out way too much. You can read more about this in my blog.

Well as I can only go with the Collective 2 trades here for credibility reasons, I managed to get 12x trades onto the C2 platform. I am still getting use to it, and the results can vary a little from my normal live trading results as they take priority and have to go on first. It is only when I am happy with my position, that I will go and enter same on C2.

So 12x trades for the week, resulting in an overall profit of +261.5pts. There were 2x losers, both around -39pts. I have also closed all positions, to start with a clean slate next week. Generally I am happy with around +100pts for a week and this would be my ideal target. In a perfect world, I would stop trading when I have achieved this, but that probably won't happen as I enjoy it so much. My wife probably disagrees, but hell I closed out my last trade last night at 10pm Aussie time so I could spend some quality time with her before she went to bed. Enjoy the weekend all.

A much better week this week. After last week's poor showing on Collective 2 compared to my live accout, this week I have managed a beter return on C2 compared to the live account. Not spectacular, but slow and steady. Cheers.