GulfCoastPip's Trade Journal

Entry #19 - Missed a good signal on GBP/JPY

Missed a good signal on GBP/JPY today at 11:30. It's up over 250 pips right now!

There's other opportunities though!

Entry #20 - Just an update

Entry #21 - Today Is The Day That I Drop All Indicators And...

Today is the day that I drop the use of all indicators and use no less than a 30m time frame. I'll use the 30m, 1hr, 1 day and 4 day time frames. From what I've been reading it appears that "most" successful traders use the higher time frames...notice I didn't say "all", but most.

It is my goal to be a successful full-time trader. I'm up over 150 pips so far for the day. I don't plan on exiting any trades today.

I'll keep this journal updated with my progress.

Entry #22 - And Here's the Latest Piptopia Live Contest Results for Feb. 16, 2008

Wow! Some of these traders really impress me! You'll notice the first highlighted group all has over a 5% return! That's pretty impressive! Further down you'll see my 1.31% return! lol

fx1618 is on fire! Anyone can still win this contest though, even fx1618 was near the bottom during the start of the contest with a (-) negative return! Now he's on top of the leader board!

My gains have been pretty consistent, without taking much of a risk. I can now see to win this contest though...you're gonna have to bet the farm every now and then! Heck, even to get into the top 10 you're gonna have to take quite a bit of risks!

Like I said, overall I'm satisfied with my results! I'm a total newb and have been demo trading for about a month now. I finally have my system in place and feel confident with it. We'll see how ballsy I can get now for the contest

Entry #23 - Piptopia Live Contest (It's Almost Over)

Here's the latest results on the Piptopia Live Contest. Impressive returns for the leaders! With only a couple of days left, it doesn't appear that I'll make the top 10...perhaps the top 20. We'll see.

Entry #24 - Piptopia Live Contest For February

Well, the last couple of days I decided to either make it to the top or blow it trying. Needless to say I didn't finish in the top. It was all good fun though.

I've been using the Windsor Direct MT4 demo platform for about a week now. Nearly everytime I place an order...I get requoted...not once, but sometimes four or five times! It's almost funny, except for I know there are people experiencing this with a live account. Absolutely crazy!

Although I haven't traded my live accounts yet...I'm glad that I opened an account with OandA and another with MBT.

Short on EJ at 157.33 date: 3.31.2008 22:06


update: closed for +14 pips.

Time to start the grill and eat dinner. Got tired of waiting for it to move, low volatility.

Short EU at 1.5773.

Closed for +7 pips. Glad to be out of that trade. That was slow moving!

Short EU 1.5749 - I'm jumping back in this trade now

Closed for a +10 pip profit!

Short GJ at 197.51

Closed for +18 pips profit!

Short GJ at 197.41

Closed for +31 pips!

Short EU from 1.5687

Closed + 50 pips!

LMAO. I was in a one of the OandA contests for this month and forgot I had some trades going, been trading my live account. Needless to say those trades turned around on me. LOL. At least I didn't forget to take the profit in my real account.

Good Job Mate,

Glad to see you...winning Hope you're well.
'R you @ http://www.trading-challenge.com/en/index.html ??

Cheers

No I'm not.

The contests that I typically enter are mentioned here on FF somewhere or I find them on the OandA contest page. When I do enter it's just for shits and grins.

Needless to say I haven't been keeping up my journal. I'll hopefully start posting more often. Especially, as my system and I become One Still doing well though.

Right now I'm in a longer term trade on GJ [short] (up 166 pips right now), it's still a good trade and I'll hopefully ride it down for about 200 total pips.

Short GC @ 2.0481

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pocketed 211 pips on the GJ trade. GJ closed.
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Closed GC and picked up 50 pips.