Gamblers live trades

I have decoded to close all open positions for a huge loss. I don't want the loss to be bigger than it already is.

GBP/CHF closed for -94 pips
EUR/JPY closed for -237 pips
GBP/JPY closed for -174 pips
USD/JPY closed for -36 pips
EUR/CHF closed for +6 pips

Total -259 pips. I hate the forex market right now. It's lucky that I have another system that is consistently profitable :-)

It hurts doesn't it!

Didnt see that move coming... damn.

Yes it does. Actually it was easy to see that the JPY would rise in value because Core Machinery Orders m/m came out better than expected.

I decided to sell EUR/CHF again with a target of 35 pips. The target has just been hit. I think I will start to use take profit and stop loss from now on.

Todays trade

Sell GBP/JPY at 211.09 target = 208.41 stop loss = 212.90.

http://img228.imageshack.us/img228/7...vngivetrq2.png

EUR/CHF trade closed for +68 pips

I closed the position because this days candle is a spinning top and that is a sign of indecision.

Total -191 pips.

No trades today

Todays trades

Buy EUR/CHF
Sell USD/JPY

Stop loss was hit for EUR/CHF today for a loss of -38 pips.

Total -229 pips.

Todays trade Buy NZD/USD at 0.7033

http://img241.imageshack.us/img241/6...vngivetti5.jpg

And here is how yesterdays USD/JPY trade looks like

http://img293.imageshack.us/img293/1...vngivetjm2.jpg

USD/JPY has hit the stop loss of -124 pips

Total -353 pips

I have chanced some rules in my system so I have to decided to start a new trading journal with the new system. The new journal is at http://forexfactory.com/showthread.p...95#post2168995

I have created a new journal again. It can be found at http://www.forexfactory.com/showthread.php?t=135151

The system is completely different and I am looking at both currencies, stocks and futures.