Karmostaji's Journal | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Newbie Factory Journal 12 replies

Trading Diary/Journal 5 replies

Attachments: Karmostaji's Journal
Exit Attachments

Karmostaji's Journal

  • #281
  • Oct 1, 2007 10:23am Oct 1, 2007 10:23am
Salam Brother Karmo,

You might wanna re-assess the Geppie, i think she just broke out of a very long consolidation zone. It can be confirmed if price closes at this level by the end of the day. just my 2pips.

regards
jest
  • #282
  • Oct 1, 2007 10:27am Oct 1, 2007 10:27am
Quoting jest1081
Salam Brother Karmo,

You might wanna re-assess the Geppie, i think she just broke out of a very long consolidation zone. It can be confirmed if price closes at this level by the end of the day. just my 2pips.

regards
jest
wSalam jest1081,

You are absolutely correct, it did break to the upside but this trade will be open for just a couple of hours even though the trend is pretty bullish.
Trade what you see, not what you think.
  • #283
  • Oct 1, 2007 10:55am Oct 1, 2007 10:55am
short GBP/JPY
Entry: 236.35
Stop: 237.00
Target: 235.55

stopped out

That's it, I'm taking a break for a couple of days, maybe a week.. this is just not normal for me.
Trade what you see, not what you think.
  • #284
  • Oct 1, 2007 3:02pm Oct 1, 2007 3:02pm
Salam Bro,
all the best for you bro, and i support you, take a break and even that i am a newbie here, as u said i guess u r used to a system and trying to work on another, i understand when someone is used on something and trying to change it.
so after ur break i hope u will be back to ur old used already system and will try to get some pips, as i followed today on a demo account and as you said the results were pretty bad, as maybe u got a short signal on 15 minute chart but the overall trend is bullish, so just stick to your strategy.

Best regards
A.L.I
  • #285
  • Oct 2, 2007 3:32am Oct 2, 2007 3:32am
short GBP/JPY
Entry: 235.70
Stop: 236.70
Target: 233.70

Trade what you see, not what you think.
  • #286
  • Oct 2, 2007 9:29am Oct 2, 2007 9:29am
short GBP/JPY
Entry: 235.70
Stop: 236.70
Target: 233.70

Update: stopped out for -100

October: -251
Total: +389
Trade what you see, not what you think.
  • #287
  • Oct 2, 2007 9:31am Oct 2, 2007 9:31am
Karm,
that GY went up through your SL, 236.70..then went down, currently at 236.33
now question is, was it because of the bounce of that R, or news (where we have bad US news).
From your experienced, what do u think was the driving force behind that short.

Thanks.
  • #288
  • Oct 2, 2007 9:38am Oct 2, 2007 9:38am
Quoting LeDurian
Karm,
that GY went up through your SL, 236.70..then went down, currently at 236.33
now question is, was it because of the bounce of that R, or news (where we have bad US news).
From your experienced, what do u think was the driving force behind that short.

Thanks.
I have a feeling that it is going to fall nicely from here, if it does then that'll be annoying. it bounced off the london R1 and also it just completed 76.4% fibo retracement from this last fall (237.06 to 234.92).
Trade what you see, not what you think.
  • #289
  • Oct 2, 2007 5:07pm Oct 2, 2007 5:07pm
short GBP/JPY
Entry: 236.01
Stop: 237.01
Target: 234.00
Trade what you see, not what you think.
  • #290
  • Oct 3, 2007 2:11am Oct 3, 2007 2:11am
This is the month of 'red pips' for me until now LOL

short GBP/JPY
Entry: 236.01
Stop: 237.01
Target: 234.00

Update: stopped out for -100

October: -351
Total: +289
Trade what you see, not what you think.
  • #291
  • Oct 3, 2007 2:27am Oct 3, 2007 2:27am
Well, me & stevie got bit a little on those too, so don't feel too bad. Any new ones in mind? Crappy day to trade if you ask me.

Quoting karmostaji
This is the month of 'red pips' for me until now LOL

short GBP/JPY
Entry: 236.01
Stop: 237.01
Target: 234.00

Update: stopped out for -100

October: -351
Total: +289
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #292
  • Oct 3, 2007 8:17pm Oct 3, 2007 8:17pm
Well i had a bad august too. Anyway, i'm still out of the market. I was sooo tempted to short the trend which i did actually in my euro and gbp short....i screwed the euro short tho.
  • #293
  • Oct 6, 2007 8:47am Oct 6, 2007 8:47am
1st week of October:

Pips for the week: -351
# of trades: 7
Winners: 1
Losers: 5
BE: 1

Total pips: +289

Next week will be better hopefully
Trade what you see, not what you think.
  • #294
  • Oct 6, 2007 9:49am Oct 6, 2007 9:49am
Daily chart is very bullish, so is the 4H, price completed it's daily 61.8% retracement from it's last fall to 219 area. Where will price go next? It could retrace back to the daily 50% fibo to see if it supports or not, or it could still go higher, the trendline is still supporting this upward trend, I wouldn't short this pair unless the TL gets broken and retracement for this last upward movement starts. I've also drawn a new fibo for this last daily swing (assuming this is the top, otherwise this fibo is invalid), you can see the 38.2% fibo (green) is very to close to the daily 50%, so it could retrace to that area and then bounce back up or it could retrace to it's favorite fibo level which is the 50%. This week should be interesting and lots of pips for us to grab.

http://img507.imageshack.us/img507/6210/4hhr5.gif

http://img512.imageshack.us/img512/8792/1hjg2.gif
Trade what you see, not what you think.
  • #295
  • Oct 8, 2007 12:57am Oct 8, 2007 12:57am
short GBP/JPY
Entry: 238.94
Stop: 239.54
Target: 237.74
Trade what you see, not what you think.
  • #296
  • Oct 8, 2007 6:57am Oct 8, 2007 6:57am
Hello karmo, I listed your topic and you know YOU're the man!!! You are a real fighter!!! please take a look at this http://forexfactory.com/showthread.php?t=14630 really interesting thing, I don't know will it fit to you but please pay attention to it... Wish you MANY PIPS!
  • #297
  • Oct 8, 2007 8:15am Oct 8, 2007 8:15am
short GBP/JPY
Entry: 238.94
Stop: 239.54
Target: 237.74

Just got home from univ to find this trade got stopped out for -60, no problemo

October: -411
Total: +229
Trade what you see, not what you think.
  • #298
  • Oct 8, 2007 11:01am Oct 8, 2007 11:01am
I've been reading about Harmonic patterns the past couple of days, and here I'm going to try and implement what I have learned in just two days, I'm going to risk very very small amount and see how it plays out. This trade is based on the 4H chart USD/JPY, we don't have an ideal 'butterfly' pattern but I'll take the risk.

short USD/JPY
Entry: 117.52
Stop: 118.52
Target: 115.52

*Trade at your own risk!
Trade what you see, not what you think.
  • #299
  • Oct 8, 2007 11:22am Oct 8, 2007 11:22am
Quoting karmostaji
I've been reading about Harmonic patterns the past couple of days, and here I'm going to try and implement what I have learned in just two days, I'm going to risk very very small amount and see how it plays out. This trade is based on the 4H chart USD/JPY, we don't have an ideal 'butterfly' pattern but I'll take the risk.

short USD/JPY
Entry: 117.52
Stop: 118.52
Target: 115.52

*Trade at your own risk!
Me too
Attached Image (click to enlarge)
Click to Enlarge Name: BBUJ.gif Size: 31 KB
  • #300
  • Oct 8, 2007 11:34am Oct 8, 2007 11:34am
GBP/JPY still holding
Attached Image
1 trader viewing now