Bakuli's Trading journal

Market now at 5828, I have moved the stoploss to BE, so now have a free trade. I have no TP target but will trail this trade if I get to 50 pips in profit.

Well, that was a short ride ! Stoploss just got hit at BE. I knew the stoploss was too tight. Never mind, it was a punt after all. I am still waiting for a bigger dip for my main trade. I wonder if I am going to see it today ? Hmmm, let me get the wife's crystal ball out ( no joke, she does have one and she thinks she can see "things" in it !!! I wonder if she is still taking her pills ! )

Well, after my short got taken out for BE, I re-entered soon afterwards because I felt there was a bias to the downside and I had my tight stoploss too close to the price action. So I decided to re-enter a short at 5830 and what a right decision it was. It dropped soon afterwards and I took part profit (1/3) at 5798. Decided to turn the scalp into a medium term trade, so now using a 100 pips tsl for the remaining position. This C-T trade is not part of my main trading strategy (well, not yet anyway) and comes under my "fun" trades.
Market seems stuck between 5750 - 5800 (thereabouts) for the last few hours. Let's see what happens when Asia comes to play !

nb.
The above trade was taken hours ago. I am not always going to post live trades as that is not the intention of this journal. This journal is not to prove my prowess at picking trades :surprised , my ability to see into the future ( don't tell my broker that !) or anything else other than to record my trading activities & thoughts, at my own convenience, for my own tracking.

Closed above trade at various prices ranging from 5772 - 5784. Market has been ranging and I feel it's too undecided at the moment. So again, "When in doubt, get out !". Another profitable "fun" trade. That's great ! I get to make money while I'm having fun ! And I'm still waiting to buy from the dip at 5700 (when price eventually gets there).
Well, I'm off to bed to dream about that sexy, lovely 4 hr chart ! LOL ! Goodnight all !

Have decided that I am going to close this journal. I thought it was a good way of recording my trades at that time but I now realise that keeping a private journal instead is more suitable for me.

Happy trading all !