Arralou - trading for freedom

Hello hello everybody, boys and girls, men and women. My first post, and also my first thread. I would like to keep a little journal of my trades. They are based completely on the public J16 thread, but I am sure everything else I have read will affect my trades too. As I am still a beginner, and have realized this by losing some money trading stocks, I will trade demo until I have 3 months in a row with profits.

I am realizing that I lose everytime I try to trade timeframes lower than 4H. I am sure this is a sign, and that I will understand it. I think that I am not 100% convinced that I can't trade 1H bars yet, so I did it again a few hours ago. Then the market closed, and I suddenly realized that it was saturday already. I guessed it was thursday. From now on I will make sure to check which day it is before I consider entering a trade!

Best regards, Jon.

My first trade in my journal. Short on CADJPY. It looks like a possible head and shoulders. It is 50% retrace from previous high to latest low. And my trendlines seem to make me feel it is right. I will keep my stoploss 51% up on the pinbar, so that I am not stopped out if it retraces 50%.

Trading is a mystery I am commited to "solving" one day.

I got stopped out at 111.10. Ironically, that was where I put my stop loss, and it got hit to the pip! My stop was clearly too close. I will have to give trades more room, and stop setting my stops by looking at 4H bars, I think.
It ended with +298.85, but had I given it more room it would have been twice as much by now. Shame on me!