Simple Trading Diary - Mainly GJ

Today I will start writing my trading journal on my live trades

Pair : G/J and G/U
Monitoring time : 6 am till 12 pm (18 hours/day)
Positions taken : maximum 4 per day
Trading system : 80% system, 20% luck
I never use stop loss or trailing
I only use indicators to determine my enter and exit position
Eyeballing testing period : 2000 - 2007
Close testing period and pips per pips calculation : March 2007 - October 2007
Demo trading : since October 2007
Live trading : since Nov 2007

17/12/07 : +88 (10%)

thx to all the seniors in this forum

wish me luck

I NO LONGER USE THIS STRATEGY DUE TO TIME CONSTRAINT I'M CURRENTLY (TODAY IS MARCH 24, 2008) DEVELOPING 3 STRATEGIES WITH MORE EMPHASIS ON DAILY TIMEFRAME PLS START AT PAGE 3

I FINALLY FOUND MY TRADING EDGE page 4

A very difficult day with narrowed trendlines

+20, +16, -17, -35, -20, -23, +25

missed 2 good signals and took all the bad signals

Good Luck Gift_Art, I myself trade the Geppy exclusively nowadays and as you know Risk/Reward ratio is superb, but you have to have BALLS of steel. You-Go

+11, -35, +128, +41

thx to the MCP, however for some reason there was an unexpected second wave of big bear candle which screwed my indicator but i still feel today is bullish

thx fx1618, the r/r ratio is indeed the heart of forex

Gift,

Can you expand on what your trades actually depend on!!!!

-21, -23, +201

should be able to avoid the 1st two mistakes if I were not to persistent on the bull presumption

what a good day

I had an early close because it's friday and monday is a big holiday

-39, +198, +121, +60

after christmas trade

+52

still can't fully trust the market volume

easy day

-16, +235

and left one position open which was already +259
.... or should i just left both open.... hmmm perhaps i need more experience to do so

+1044, -242, -20

wwow..
nice pippies there mate~
wish i can be good as that
all the best mate

missed the Friday's short signal

-59, +30

tommorow will looking closely during GBP and USD news though not sure the pending home sales will move the price significantly, currently all my charts still forming flags so I might stop taking signals

thursday and friday will be fun hopefully could catch some good short signals

thx redpips semoga beruntung

+30, -40, +147, +24

lohhh.. nmber2 apa ni??

+44, -36

another floating position is at -95 , if i'm lucky i might be able to close this at 214.50 otherwise i will close at the end of the last NY candle

ok, these two days there were unusual spikes during the last two hours of NY closing time

165 pips downward on Tuesday, and today already 141 pips upward (G/J) and there are still 30 mins left before NY close

today's spike really screwed my indicator

OK G/J still moving sideways since the beginning of 2008 and I expect today or tommorow the 217.20 resistance and 213.40 support will be forced to move to a new level since I already noticed a breakthrough in G/U (SHORT)

-126, 0, +6, -29, +53

Tim Clayton analysis proved itself today
oh my this consolidation period really hurts mid-term trader like me
have to scalp a little now

+22, +25, +60

OK it did make a breakthrough on G/J just as I expected, it was a very short breakthrough though

I failed to hold my 215.00 short position long enough to get +250 due to the very high volatility lately

+174 (on hold) I assume there will be no more rallies

i added a new timeframe after studying the chart during the weekend

the downtrend is going deeper

+130, +64, +73

+32, -40, -57, +13

market is still in panic mode, including me