Alright I've been inspired to include my trades here in real time as I make them. I trade for quite a few clients and generally do well for them, so hopefully this helps somebody at somepoint. I use a combination of indicators on mostly 1hr/4hr charts with smaller timeframes to confirm.
Any feedback would be great, as I have found this forum to be as entertaining as educational. As far as lot sizes go, it varies per client based on how much they have in their accounts, but usually is pretty small save for a few larger clients, as I let them open up rather small accounts to try me out. I often change Limit Orders and Stops as the market dictates, but will usually include one of each with most trades. Also I usually trade the four majors, with a majority of trades in GBP/USD. I have been doing this for a living for a few years now, as I am an ex-options broker (commodities) that just found more success and fun in trading forex. This is by no means an advertisement for my services, as I wouldn't screw up the integrity of this forum or my appreciated access to it for a couple bucks. I will also attach a time for the trade to keep the journal's integrity proper. All quoted entries will be including spread. If you were wondering I also trade my own funds right along my clients, although a bit more than them as I have more confidence in myself than they do at first, obviously.
Hope you like it.
Trade #1
placed at 7:08 AM EST
long GBP/USD 1.9684
stop 1.9560
limit 1.9729
Any feedback would be great, as I have found this forum to be as entertaining as educational. As far as lot sizes go, it varies per client based on how much they have in their accounts, but usually is pretty small save for a few larger clients, as I let them open up rather small accounts to try me out. I often change Limit Orders and Stops as the market dictates, but will usually include one of each with most trades. Also I usually trade the four majors, with a majority of trades in GBP/USD. I have been doing this for a living for a few years now, as I am an ex-options broker (commodities) that just found more success and fun in trading forex. This is by no means an advertisement for my services, as I wouldn't screw up the integrity of this forum or my appreciated access to it for a couple bucks. I will also attach a time for the trade to keep the journal's integrity proper. All quoted entries will be including spread. If you were wondering I also trade my own funds right along my clients, although a bit more than them as I have more confidence in myself than they do at first, obviously.
Hope you like it.Trade #1
placed at 7:08 AM EST
long GBP/USD 1.9684
stop 1.9560
limit 1.9729
