Pipple's Easy Daily Trading Journal

close trades 4/5
filled @ 1.9623
started to see movement coupled with indicators switching to long, enough to get rid of me

TRADE 4 was loss of 39 pips total
TRADE 5 was loss of 20 pips total

YTD Totals
Trades Taken 5
Wins 3
Losses 2

TOTAL PIPS +18

i hope i just didnt get shaken out. id like to believe the indicator that just flip flopped didnt do so in response to a low volume snafu, id hate to have closed out prematurely. macd seems to be ready to flop on the hourly gbp/usd also. was just being safe....i think!?!?

just wanted to drop a line or 2 in your journal.... think u r doing a great job.. still positve for the month of Feb so thats what counts.. keep doing your thing i will be watching

thanks
my sleeping schedule is wierd, up till 5am, sleep for a few, up till 8 pm sleep, its retarted really
forex has taken over my life

i see where i screwed up, and that makes me pretty happy i guess

even though some things looked to me like they were gonna push the cable down. i failed to check my MA's if i would have, i would have notice my bread and butter, the 10,20,50 cross, about to make me money.
looking back, i shouldve noticed the 50 on the hourly about to be crossed by both the 10 and 20. this wouldve made me go long, or just stay out since there was conflict.

its important to fix yourself when you screw up, and usually i wouldnt make that mistake, maybe i was tired?

lol

i love this game!

TRADE #6

Buy GBP/JPY @236.87

target 237.70 no stop

will keep posted

currently 25 pips in profit, i have resistance at 237.36 and again at 237.82 it has bounced off of the 36 twice in past not even a day, was going to let price action determine exit of this trade, however, i am going to monitor it closely at this point, and will most likely exit befor the news comes out for GBP at 4:30 EST thinking it will rise and hopefully break that resistance and trend up to next level 237.82ish.

currently adding a limit profit order at 237.70 on all positions

currently 45 pips in profit, do see that news coming out could be bad-cable, this pair got close to my limit order but not quite at 237.51. if news wasnt coming out I would go long GBP/USD right now also. I am eyeing a post news GBP/USD trade. I have currently removed all limit profit orders on Beast trade and based on price action have decided to let trade run its course through the news.
as i type this now 58 pips profit
Beast is crazy

Pipple

CLOSE TRADE #6

sold position pre-news at 237.36

+49 pips

will re-assess post news wanted to lock in pips

YTD TOTALS

Total Trades 6

Wins 4

Losses 2

Total Pips +67

i want to ultimately be long GBP/USD, I am going to decide when to take this trade after watching price action from news, Industrial Prod and Man.Prod sometimes yield slow prolonged moves, have to determine if this little fall is a retrace back to 9650-60 or not i personally dont think it is right now, could be wrong though.

also eyeing possible long in USD/JPY

for now, need to get a few hours of sleep
later

hope cable doesnt move without me

waiting until after 830 news, then hopefully putting on trade if like what i see

trade #7

long GBP/USD @ 1.9722

no stop

tp 1.9804

TRADE #8

long USD/CAD @1.1839

target 1.19
no stop

still in both, GBP/USD is playing with my emotions right now

looney crossed nice hoping for 40 more pips

later

grindin it out i see... keep it up

trade update

close trade #7 @1.9728
+6 pips

close trade #8 @1.1851
+12 pips

YTD TOTALS

TOTAL TRADES 8

WINS 6

LOSSES 2

TOTAL PIPS +85

Wanted to get out before news, recent consolidation makes me want to take a wait-and-see approach, I think fireworks are coming.
I have a feeling there will be a definable trend by end of week that can be ridden into middle of next week.
Small loaf better than no loaf.

Also looking at potential trades in USD/CHF and CAD/JPY

TRADE #9

Sell GBP/USD @ 1.9675

scalp trade

close trade #9

close @1.9678

minus 3 pips

YTD TOTALS

TRADES 9

Wins 6
Loss 3

Total Pips+82

trade #10

sell GBP/USD 1.9500

target 1.9425


didn't do much trading yesterday, some fall in cable, heh.
i think it continues today may even get to 1.93