Beginner's Life in the jungle

all daily trade closed @1.9778

short at 1.9859 3 unit daily trend trade profit 81*3=243pips
short at 1.9830 1 unit daily trend trade profit 52pips
total pips 295
current scalp trade open
scout at 1.9947 still open 1 unit
order at 1.9849 filled 1 unit
short at 1.9792 1 unit
conservative because its after news

result within the next 2 hours from now

Total for march 3797 Pips
Total pips and counting for April closed
-265.5

current scalp trade open
scout at 1.9947 1 unit profit 210
order at 1.9849 filled 1 unit profit 112
short at 1.9792 1 unit profit 55
all closed at 1.9737 total profit 377

current scout short at 1.9689 1 unit
waiting for another entry


Total for march 3797 Pips
Total pips and counting for April closed
111.5

current scout short at 1.9689 1 unit closed for 4 pips
ranging 1-2-3 pattern on hourly probably indicating a retracement is due

if 1.9668 level does not broken i suspect a uptrend from here on

no open trades

Total for march 3797 Pips
Total pips and counting for April closed
115.5

entry #1 scout at top of trendline on 5M chart
entry #2 a failure of breaking 48 ema typical pullback
entry #3 a possibility of a support break
entry #4 a break of a support
entry #5 doji candle near a former support now resistence
entry #6 inner bar break to the downside
entry #7 possibility of a support from the last pullback
entry #8 a break of support of the last pullback

first closed: a possibility of 1-2-3 formation to the upside
second closed: a possibility of a bounce of support
third closed: hourly support on it's way
fourth closed: a possibility of big bounce on hourly support

entry remaining

short @ 1.9808 1 unit

thursday result 149 pips

Total for march 3797 Pips
Total pips and counting for April closed
264.5

easing of a bit because of friday

entry 1 scout expecting continuation after a break of trend line (didn't happen)

entry 2 rejection on a 48 ema

entry 3 a fakey of a breaking attempt of trendline and ema 48

closed 1 at 1.9697 inverted hammer pattern
closed 2 at 1.9701 possibility of 1-2-3 pattern


Profit for today

short @ 1.9808 1 unit closed at 1.9701 profit 107 pips
entry 1 @1.9702 1 unit closed at 1.9701 profit 1 pips
entry 2 @1.9709 1 unit closed at 1.9701 profit 8 pips
entry 3 @1.9715 2 unit closed at 1.9697 profit 18pips*2=36pips
entry 4 @1.9701 1 unti closed at b/e

total profit 152 pips
Have A nice Weekend

Total for march 3797 Pips
Total pips and counting for April closed
416.5

1st entry scout at 1.9855 1 unit nice doji candle and a confirmation bar in form of bearish candle

2nd entry with 1.5 unit a break of hourly support with assumption will remain at the bottom of support (eekkkk you wrong!!!)

3rd entry at 1.9807 with 3.5 unit a continuation after pullback to former support on hourly (eeeeeeeek wrong again!!!)

4th entry at 1.9813 with 4 unit classic pullback to the 48 ema to early to judge i admit but major trend is down and upper trendline is still intact..

entry 2,3,4 bad practice to depend on hope.. never do that again!!!!

1st closed at 1.9818 second entry in red better take some profit for in case

second closed at 1.9747 hourly support on the way closed all major entry

remaining entry scout at 1.9855 with 1 unit
profit for today monday trade is 19.5+474pips=493.5

Total for march 3797 Pips
Total pips and counting for April closed
910 pips

scout closed at 1.9745 for 110 pips profit
very sleepy must get some sleep

Total for march 3797 Pips
Total pips and counting for April closed
1020 pips

man i'm still tired after long monday.... but this is for tuesday after this i'm going to go to bed again...

entry 1 a breakout of minor support from 15m tf double bearish candle confirm

entry 2 bearish candle with upper wick this trade taken before i realized there is a small up trend... thank god i came out in profit...

very tired indeed...

closed at 4hour support i expected a continuation of downtrend once it break clear 4h support at 1.9626... but don't trade when u can't monitored the trade..

today profit a moderate 67.5 pips

Total for march 3797 Pips
Total pips and counting for April closed
1089.5 pips

entry 1 price nearing 1h trendline @ 1.9804 1.5unit

entry 2 doji pattern with confirmation bearish candle @1.9753 3.5 unit

entry 3 possible pullback after doji patern (EEEEEEEEKK Wrong!!!!!) @1.9748 3.5 unit

entry 4 spinning top with confirmation of bearish candle @1.9762 4 unit

1 closed spinning top with bullish candle @1.9743 profit 10*3.5=35 pips
2 closed both entry 3 and 4 in negative so entry 1 closed just in case @1.9762 profit 1.5*42=63pips
3 closed trendline proving very hard to break so entry 4 exit in positive for 10*4=40pips

remaining entry at 1.9748 3.5 unit
if until tomorrow not in positive then rescue operation begin tomorrow for this entry

total profit for today 138 pips

otal for march 3797 Pips
Total pips and counting for April closed
1227.5 pips

entry 3 at 1.9748 closed at 1.9736 for profit of 12*3.5=42pips

No Open Entry....... Job's done


Total for march 3797 Pips
Total pips and counting for April closed
1269.5 pips

Iam very new to forex factory. I like your journal very much. Can you teach me how to chart setup for fabo ? and how are you trading ? Iam waiting for your answer.

there are many ways for you to setup a fib tools and here on FF are plenty thread discussing about how to implemented a fib tools for me.. top 2 thread about fib in FF is skunny thread and bobokus thread... bobokus thread is on the trading system section titled fibonacci trading and skunny thread is on forex discussion on trading naked... for my personal reference is that when you open a chart on any time frame you will find tops and bottom on that chart and that is initial swing high and low for fib... but remember that if you looked at for example 5m chart then there will be a fib on 1h chart, daily chart and so on for example look at these chart

1st chart is the current daily chart the tops is not visible so scroll back to find the top

2nd chart we find current top and current bottom.. as long as price is within the current fib range then this fib is still valid...

so when do we consider a fib range is finished or became invalid..
for me personally a fib range became finished or invalid is :
for the price reached projected price at extension of 1.236/1.382 or -0.236/-0.382 and form a reversal pattern if sometime it overshoot the target then the new fib range is on the current reversal pattern
every time reached this targeted price then a new fib range must be set...
see chart 3 for finished fib still on the daily chart
on the no 3 chart the sequence fib is black fib-red fib-then purple fib...
i hope that answer you're question..

i don't have any trade right now because i'm on holiday... happy trading

wow almost 4 months a go since my last trade journal entry... well is really a busy months for me.. ok lets start again.. there 2 trade running right now

Open Trade
Short G/U at 1.9488
Short G/J at 213.38

both trade are long term perspective because i still got some business to do
Happy Trade you all

all open trade closed
G/u closed at 1.9315 for +173
G/J closed at 211.64 for +174

this are current daily chart for G/U G/J and U/J simple S/R and trendline

Major support been breach on G/u at the level 1.9450-1.9420 i wanted to see a pull back an a failure to get back up then i entry another short.. before that no trade until monday

a wedge on G/J and also on U/J making it very hard to trade right now let's just wait for a clean breakout and a pull back then enter... no trade until monday and remember resistence at level 213 is very crucial for G/J just see the chart and You'll find out for you're self
My Guess for monday move is short on all three pair.. looking for the caused will be a confirmation for me

Total for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +347

so it's as i expected at friday.... i got an entry at :
G/U at 1.9037
U/J at 109.88
and G/J at 209.44
here are the latest chart
G/U
i see the next support area at 1.8515 region printed at 2005.09.09
as seen at the chart after that maybe 1.8080 area
U/J
is testing a support area at this very moment so i closed the trade at 108.64 for +124 next support at 105.64 if this support broken
G/J
is testing a support area right now at the range of 202.7-.8 so i closed the trade 203.01 for +623 next possible support will be at 200.43

Total for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +1094

nice setup on the chart and i got into a trade

G/j short at 204.90
U/J short at 109.56

chart tell you everything

open trade

G/U short from 1.9037
G/J Short from 204.90
U/J short from 109.56

Total for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +1094

Closed the trade at 1.8700 for +337 i didn't notice a S/R lvl at 1.8650 a bounce is forming so i'm out below is the chart

G/J and u/j look pretty much stall at the moment back with it later

Total for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +1431

G/U still giong down.. got an entry at 14/08 retracement at 1.8703 stil open til right now..
g/j is very confusing because u/j and G/u move on the opposite direction and with the same range and speed... making it very-very dead bounce move for g/j

plans for upcoming weeks..
if G/u manage to closed below 1.8500 today then i'll hold my G/U trade
for U/J trade whatever happen today will hold next week because of the weekly hammer that form for this week.. very very nice hammer formation if next week turn out to be bearish then it's a confirmation
g/j hold with a stop loss of 300pips awaiting for u/j movement

Open Trade
G/U short at 1.8703
G/J short at 204.90
U/J short at 109.56



otal for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +1431

G/U trade closed can't handle the pressure of loosing a profit closed at 1.8575 +127

Open Trade
G/J short at 204.90
U/J short at 109.56

Total for march 3797 Pips
Total for April 1269.5 pips
Total For August and counting +1558

waiting for 4 days and it's finally start to move....

U/J
Test a neckline for not so perfect double top formation at 108.60 level and support at 108.50 let see.. all trade still on hold

G/J
being dragged by U/J movement while G/U is still consolidating in the region of
1.8660-18560

trade currently open
G/J short at 204.90
G/J short at 204.39 enter at the break of bottom trendline
U/J short at 109.56
U/J short at 110.12