stoiters trade journal

EURAUD trade his SL for -1% account balance

GBPJPY trade hit my target and returned 2.4 to 1 reward/risk. i only risk 0.5% on H4 trades so +1.2%

2.4 is by far my biggest return. probably because it moved so fast while i was at work i didnt get a chance to take partial profits

new trade triggererd

SL hit

took this trade the other day, forgot to post it

that trade stopped out

so august ended down -1.2%

5 trades for august. my thoughts looking back

6/8 AUD/USD 0.45 :1 RR not sure which s-star i traded in this chart?? not a great trade.

18/8 EUR /AUD full stop hit - probably not the best shooting star as it closed above the range of the previous candle. probably take more notice of this in futire

20/8 GBP/JPY 2.4:1 RR i really liked the look of this setup as i was planning the trade. hopefully a sign im getting a feel for what works.

25/8 GBP/JPY full stop hit - i dont mind this trade. was a strong support area and at a daily trendline. as it happens the trendline failed and a new bear run could be starting.

27/8 CHF/JPY full stop hit. - again this trade looked ok to me..good hammer at strong support + trendline

Hey mate,
Im over in lil ole' Perth.
Sorry to hear bout your Aug results, I hear its a dodgy month for all. DW but, Sept we'll have some big profits; hit up the Whitsundays and onto Ibiza, viva la summer!

haha im going to thailand, vietnam, laos, in dec! cant wait.

have been a bit picky this week. planed several trades only to let them go.

Im off to work overseas for 2 weeks on friday (going from cold cold winter to tropical island)
so could be no trades this month.(unless i take my lappy)

Will be back in oz next week. Looking forward to getting back to trading.

hey mate, im an Aussie to. Cant help but notice you use fxlite, have white and black backrounds with red horizontal lines. Gota ask, do you follow nial fullers methods? I am a huge fan of what he does

yeah man i love his videos! however I tend to stay away from the forum.

Im trying to make my own trading decisions based on what he teaches as i feel this will in the end be the best way to learn.

Im pretty sure he was involved in the j16 thread/pf from early on and has taken what suits him and made it his own style.

yeh sweet man, seems like his style is like j16 cept i dont think he pays as much attention as the way j16 does it. I try to follow what nial does also, but j16 thread on here is free so i just follow this. Looking forward to following your journal

if your trading or even demoing you should start a journal so we can get a bit of discussion about our trades going!

you should add me to msn or skype, would be cool to chat, seems like we trade with similar views and your an aussie

[email protected] is my msn or skype supermatt

cheers man

Hi Stoiter,

Nice thread you got going which has again confirmed that the Daily are the TFs to look at.

After reading your thread from the start i noted you were doing well until the hourly and smaller TFs came into the picture........just my observation but you seems to have picked it quite fast......CONGRATULATIONS...........

funny you should say that! while i was away i decided to trade only the daily charts from now on.
looking back through this journal brought me to the exact same conclusion.

thanks for the encouragement!

I agree with that too. I did go down to try 4 hour etc but found it to be to much of a workload, especially if you watch alot of pairs. I think its best just to stick to daily's. Only have to check chart once a day, the signals are better when you get them and its just easier

looks like its hammer time today! 20 mins to closing time but there are about 4 potential trades