TickerShuffle's Trading Journal

GBPUSD longs are currently in the black...

I have limits set to 1.9960 for 140 pip gain, however if I get close to that number without hitting it I will raise limit and stop to try and ride a longer trend in the pair.

I need to stick with my plan. I am thinking 50 pip trailing stop may be in order once over 1.99...assuming it gets there.

Change of plans Closed 5 minis of GBPUSD long to lock in some gains...5 still open Opened EURUSD 2 minis long at 1.4486 EDIT dumped another 3 minis of GBPUSD...down to 2 to hold long term perhaps. I did not need to keep that much exposer there. I survived a near disaster and need not be greedy. Closing in on near term account target and the Home RUn i was fantasizingabout was not worth the risk. i am confident I can trade here more rationally and reach my goal. Added UDGCHF short. The Swissy is going to become very popular in the future...so i hear.

ALL GBP long closed. 12% trade 10 complete

Closed EURUSD and USDCHF - too soon...long story...

Trades 11 and 12 complete. Flat.

Opened AUDUSD Long .8734 - will hold through next week. I think new highs are in the future, but I need to stick with this trade to realize it.

We'll see. Still learning, I guess...

Got a nice move with AUD off the bat. With some room to play I tried shorting the GBPUSD on weak housing data, but teh market did not react...in fact the pair rallied 10 pips...anyway I closed GBPUSD for loss and AUDUSD for a greater gain. Locked in .4 % of account - it was a fun little trade, however 1.4% from AUDUSD alone was better.



Fun trades.

Trades 13 and 14 complete.

Good job on keeping a journal. I was thinking to open one too, next year for sure. Till then keep up the god work.

Thanks.

It's harder then you might think. Man I really slipped up last week...both in trades and keeping this updated.

Last Friday I opened a AUDUSD long that I closed positive 20 pips.

Trade 15 complete.

I also opened a CADJPY long that tanked on me in the close 4 minis down 40 pips as of fridays close. Sundays open has it gapped up to 73 and I closed for 8 pip loss.

Trade 16 compete.

Not sure if closing was right thing to do as the pair is grinding higher, but frankly i lost faith in the trade and wanted to reevaluate. I have to wonder if this Yen weaknes is related to the Chinese Export Tariffs on grains announced today.

I'll walk away satisfied for now - ...

FOund a trade I could not wait to get back into.

Longed AUDUSD .8793 ...

Can I manage this winning trade properly?

Stop loss triggered at Break even. I guess it was meant to be a scalp; my SL approach netted nothing after being up over 30 pips, or 2%.

It's like having to flip a coin twice - once to get a winning direction, and second to post a significant enough gain to avoid a SL.

Trade 17 complete.

cost basis .8775

4 hour testing 20 SMA...here's to EUROZONE world domination

Edit: Closed +20 pips 1.5% - world domination in 3 minutes

ran outa gas...I think i will be able to buy back cheaper if i so chose.

Went long CADJPY 112.82 (trade 20 initiated)

Stopped out CADJPY long -1% - Trade 20 complete.

Treading water again...feeling like this is pointless. I made $1 on last two positions, ... good news is my AUDUSD was down end of trading other day, and at least that was closed positive...so...I played with my profit and gave it back.

Not getting much profit these days compared to the past when i would score 100 pips overnight. The lack of liquidity is perhaps to blame, but these markets are hard to gauge.

Good nights rest tonight...January 2rd tomorrow, the world starts turning again.

CADJPY at 112.75

AUDUSD 88.08 - EDIT ADDED another mini 3 total at 88.10

Trade 21 complete.

trade 22 complete.

Looks too dicey out there. I will watch USD news and make a decision from there. USDJPY tanked as well as CADJPY...should, woulda, coulda shorted those. Dang...

trade 23 complete.

Completely treading water.

This may not be a good time of year to be trading.

made another trade longed some GBPUD for a quick 15 pips.

At least I am adding some liquidty to the market...this is getting rediculous...the action is all over the place.

Best to leave these conditions to the professionals. No more guessign for me...getting sick.

At least it ends a green day.



Trade 24 complete.

EDIT longed some AUDUSD again...looks so steady and strong out there....long term?

Finally caught a draft in my favor. Glad to purse some decent profit to build on. Might go higher, but I need to baby step to some free capital before I start taking higher risk.

Trade 25 complete.

Account balance up 4.4% for year.

End of day review.

I think I need to take a step back and look at broad markets. Things seem lost in mix.

Looking at EURUSD to retrace and same with AUDUSD. Only two pairs that I see having long value. I am always terrified of shorting yen pairs, because they can always go up on no news, aka "carry trade" theme. Not sure hat is going on with CAD, CHF or god knows what is up with GBP.

I will spend tonight looking over charts, news releases and economic data, This is fun.

seems a little beaten down...perhaps a little EURGBP meltdown to help...??