sinner trade journal

Hi guys,

I have a simple new system I want to try out and will document the results here. I am only going to provide it 300AUD and trading micro to begin with because I have some idea of its expectancy.

The rules of the system are simple:

1. Trade all divergent candles on M5, M15, H1 TF EURUSD.
2. Enter trade on close of divergent candle.
3. SL is low of bullish divergent candle or high of bearish divergent candle.
4. As optional can add to the position if it goes against you in following candles (all with original SL).
5. At 1R move SL to BE and then at 2.55R can TP or let it run.

Will post trades as they go and some screenshots of the trade in action. Plan to trade only 7-10PM Australian EST. So basically check my EURUSD chart every 5 min from 7PM for 3 hours and examine the M5,M15,H1 as they come up.

First trade. It's 10PM here but I will stay up for 1 hour extra tonight to test the system out.

EURUSD H1, previous candle made higher high but closed in red.

I am trading manually so my entries won't be precise.

1 SELL @ 140824 SL 140856.

EDIT: Stopped out.

Second trade. EURUSD M5

1 SELL EURUSD 140836 SL 140924

EDIT: Stopped out

Stopped out again short EURUSD M15 divergent candle.

(prev M15 trade, no screenshot)

Trade 3: 1 SELL EURUSD 140836 SL 140934: Stopped out

new trade (M5)

Trade 4: 1 SELL EURUSD 1040917 SL 10498: Stopped out

New trade M5

Trade 5: 1 BUY EURUSD 140884 SL 140790

EDIT: Total P/L: -19 pips

Trade 4 stopped out.

Trade 5 SL moved to BE (moved 1R from BE).

Total P/L: -38 pips

Set TP for Trade 5 141149 (2.55R) go to bed.