Anto's Trading Journal

Hi everyone,

This is the beginning of a new adventure for me.
I will give you a lot of information concerning my live trading, my certainties, my ideas and my analyses about Forex.
I'm quite new in this business but i've already worked hard.
Thus, i've already known success and failure but i'm still on fire!
I will introduce myself in the future but i need to keep alive some kind of mystery to keep you interesting in this thread.

Why do i open this thread?
I discovered Forexfactory a few months ago and i learned a lot by reading it.
So, I decided to bring my own "science" to this felloship although i've only started trading in real since 14th february with my money and since November with a gain from a trading contest...

But Here we go! I tend to give my points of view and interact with you, fellow traders of FF community.
I will receive your comments, your advice and whatever very happily and I will be proud to talk with some of you.

I've got some particular points. I'm a 19 years old student in economics, finance and macroeconomics. That's why i'm above all fondamentalist but i had to learn chartism because of the mutation of the financial and economic system. I will discuss about it later.

Sincerely yours,

Anto

PS: Excuse me for the language mistakes. I'm not a native English Speaker. Actually, I'm French. Be tolerant please.
I come from France but i've been living in Montreal for 7 months for studying.
So, it's GMT-5 at home and not GMT+1.

Hey Anto,

This 20 year old wishes you luck! And you're english is great!

Regards,

Kevin

Hey Kevin,

Thanks for your reply! I'm loving your thread.
I read it regularly as Steviet's journal and Turbo's Journal.
I hope I will give some useful stuffs to the community.

Anto

All of you have already had this trivial question about their trading:
Which pairs will i trade to be successul?

In fact, it doesn't matter wich pair you decide to trade, the big problem is how to deal with this one you chose.
Actually, I trade all the pairs from GBPJPY to XAUUSD, including AUDUSD, EURCHF, etc.
You just have to know perfectly the fondamentalisms of these currencies.
You know, technical analysis it is a very good approach but the charts are just a way of watching the movings of the elements.
But, to my mind, the gaps or sideways leaps results from lossed of efficiency of the markets.
The latters are actually always seeking the equilibrium or the efficiency according to the fondamentalisms of Economics.
But, this situation tends to be less and less true because the foreign exchange market is more and more speculative which give a lot of power to the chartists and technical analysts.
Finally, I would say the fondamentalists will always have the last word and the choice of the decision in the market.
Money wanders from place to place but not any one. It chooses the side which is the most lucrative.( cf. Adam Smith's Theory and Classical School of economics).
When i practise economics over several models, we usually assume people are not altruistic and greedy but it is not an assumption in the finance, there really are!
You need to be or you will be eaten!

Anto

For the first trade, I chose the "Big Boy" which is GBPJPY...
I warn you about the risk of this trade but i'm still struggling against this pair.
I hope it will be good.

Short GBPJPY @ 233,75
TP : 232,80
SL ( trailing stop of 60 pips): 234,35

Sincerely,

Anto

And a second one until tomorrow,

Short EURUSD @ 1,34365
TP: 1,3280
SL: 1,35

Anto

Hey Anto

May I be one of the first to wish you success in your trading & journal. It's really helped me stay focused and hope it does the same for you.

Kind Regards
Steve

Short EURGBP @ 0,68125
TP: 0,66
SL: 0,6850

and Trade number 4

Short EURCHF @ 1,63085
TP: 1,6250
SL: 1,6380

Sincerely Yours,

Anto

Trades opened...

Short EURCHF @ 1,6350
1,6345
1,63425
1,6341
1,6339
1,6336
1,63215
1,63085

Long GBPUSD @ 1,9644
1,9667

Short USDCHF @ 1,2201

Trades closed:

EURGBP: +3,5
EURUSD: +68,5
GBPCHF: +0
GBPJPY: -52

TOTAL: +20