Intelmaster's Trading Journal

Hi All,

Well, I decided to start off a journal.. Just so that I can check back and see what mistakes i did, and keep a 'check' of the trades that I do.

I may not post all trades that I take..

Special Thanks to :
Auscalano - For his 15min / 1hr trading techniques
Karmostaji - For valuable insight on fibs --> now he uses other stuff & bling-blings
Hakuna - For his special dentistry skills in dissecting teething trades by the use of 50EMA, 100SMA, 200SMA
Markam - For his Valuable Insight into the market, especially the DOW & of course, all the remarks which I love!
Zoran - For the super accurate long-term predictions =)
Monarch, my2boys for their contributions too
And, not forgetting the rest at auscalano's thread who provide valuable amount of entertainment!

I usually just loiter around Auscalano's thread, I mostly trade the G/J , U/J and Gold... but my hand usually gets itchy and I end up getting busted while trading other pairs.


I prefer scalps, but my broker has large spreads and hence.. I lose most of the time, yet I never learn

Switched to Intra-day instead.

Trading on 1Hr TF, mainly using fibs for entry & exit


Aim: To make green pips, and to minimize red pips


Disclaimer: DO NOT FOLLOW MY TRADES... This thread is merely for my own information, so that I can come back and criticize myself when I go wrong Everyone is welcome to comment of course.

Happy Pipping everyone!

Short G/J @ 239.248
Target 238.95
Might leave this over the weekend if TP not hit


Limit Short G/J set at 239.681 [if it gets that high]
TP: 238.529
*might cancel limit order if things don't go my way.

http://dp.nitro3.net/trades/GJ001.jpg

Above trade based on fibs, closed.
TP Hit +29.8 pips =)

It had initially missed TP by 1pip.. but came down again! Thank God!

Attached is the 5min graph (I had another position manually closed for +6pip but it was a test of 0.001lot)

*Limit short G/J 239.681 canceled - I wanna sleep well, it could go up, but i want a nice long weekend!

Seeya guys on Monday! God Bless~

Started this thread on a Friday, and it's a good start =)

Total pips for this week: + 29.8 (official live trade)
Unofficial (scalps, etc): +6


For those guys who are wondering, my capital ain't much at all and I can afford to bust it any time. I'm only going to start trading 1 lot per trade after I can gain enough confidence, and/or at least POSITIVE pips on a consistent basis.. For now, I'm sticking to Micro-lots or at the most, a mini-lot.

This is for my own reference:

Here's a daily chart.

G/J fell from 250+ to 219 and gradually retraced to the 235 region.
Since then, It was ranging for over a month at the 228-235 region.
At the beginning of October, it crossed up and the new range is 235-240 region.

----------------------------------
Judging from the charts: [Daily]
----------------------------------
http://dp.nitro3.net/trades/AnalysisGJDaily.jpg

Scenario A:
[If] Upward Movement: Then,
Next stop: 244 --> 250 --> 252
At this moment, 244 seems unlikely, but I won't rule it out if 241 is broken.


Scenario B:
[If] Downward Movement: Then,
Next Stop: 235 --> 232 --> 226
At this moment, 235 seems more likely than 244. I'm going with "B".



---------------------------
As for the 3-Hour Charts:
---------------------------
http://dp.nitro3.net/trades/AnalysisGJ3Hourly.jpg

Low of 234.67 to a High of 240.5 over the past 2 weeks

Scenario A:
From 239.45 --> 240.5 && If 240.50 breaks, Up to 244.
Either way, 240.5 will be a good place to short in intra-day session

Scenario B:
From 239.45 --> 237.5 --> 236.88 --> 236

Scenario B looks more likely to me, but I won't rule out a shot at 240.5 before the dip.

It's going to be an interesting week ahead!
Hope I can make some pips.

Long @ 239.33 TP 239.703 SL 239.063

As i post it, its already +15pip, so it will be 'unofficial'

Exited manually for +12 pip

wow.. almost in my sleep and missed it..

Short G/J @ 240.348 (original plan would have been to short at the max of 240.6

TP: 239.999 --> edited to 239.995 (I expect it to go down to 238.9 at least), but it's monday, and i'll be happy with any positive pips, and not be too worked out on gettting more pips.

TP Hit @ 239.995

+35.5 pip

I had added another short @ 240.583 TP @ 239.777

Closed 2nd for +66.6 (couldn't wait for it to hit TP)

and just as i closed it.. it hit TP

Total for the day +12.6 +35.3 +66.6 = +114.5pip

Good day for me.. I'm off, the rest will be either scalps or I will wait for tomorrow.

very very careless..

i had a short .. but had to close it for -2 pip.
and as soon as i closed it, G/J dipped again.. LoL..

anyway, it was a 2 microlot position, so it wasn't even a 10 cent loss.

Nxt, I will be going long.. as soon as the 1hr/4hr 5SMA retrace is due..

probably after an hour or so, till then, i'm gonna tie my hands.

couldn't help it

short G/J @ 239.557
TP @ 239.295 or.. point of retrace.

might leave this for few hours and adjust T/P accordingly.. it should go down past 239 in my opinion.

TP Hit, + 26pips

Added Short @ 239.195
TP @ 238.991
SL @ above 240.7 (reason is, i don't want to get stopped out for no reason)

Will add shorts in 5-6hours if it goes back to the 240 region.

this is more of an impulse trade, and i am willing to pay the price =)

Attached is the graph for today's trade

Summary for 16th October 2007

Total Trades Taken:5
Winning Trades:4
Losing Trades:1
For: 139.2pips
Against: 2pips
Total: +137.2pips
Running Trade: 1 [Currently -17.5pips] --> Short @ 239.195


Trade 1:
Long @ 239.33 TP 239.703 SL 239.063
Manually Closed for +12 pips
[Eventually TP would have had been hit ]

Trade 2:
Short @ 240.348 TP 239.999 --> 239.995
TP Hit for +35.3 pips

Trade 3:
Short @ 240.583 TP 239.777
Manually closed at 239.927 [+65.6pips]
Eventually TP would have had been hit

Trade 4:
Short @ 239.557
Manually Closed at 239.557 [-2 pip]
Eventually went down, but hands got itchy

Trade 5:
Short @ 239.557 TP 239.295
TP Hit for +26.2 pips

Limit order set for G/U
Just 3 microlots
Limit Short G/U @ 2.044
TP1: 2.034
TP2: 2.010
SL: 2.048
Expires: 1 week

*I might change this as days go by.

Adjusting T/P of overnight position:
Details of that position:
Short @ 239.195
TP @ 238.991
SL @ above 240.7


New TP @ 237.6
New SL @ 240.6

Currently -52 pips (but it was an impulse trade anyway)
might take a week or two to get there, but it will be sweet when it does

short 1 unit gold @ 765.250
TP @ 756.000 [1hr 50EMA]
SL @ 770.000

This is more of a suicidal trade.. but yeah.. willing to sacrifice 4 bucks to see if it will go up any higher (it should), but if it doesn't, i'll still collect interest from the open position.

Modified T/P 238.194

T/P hit +80 over pips..

will re-enter

long g/j 238.307
tp 238.666
no sl.. its a small microlot

wow.. made enough for the day.. =)

gonna go to rest.. will post my charts later.. might stay out and re-enter limit long @ 237.6 region