-Barracuda- Hunting In Vast Ocean

Hi all fellow trader, welcome to my trading journal. Watch me swim and hunt like a barracuda in a very vast ocean. My goal is to become big, strong, and significant in this arena. I have one year experience trading forex searching for holy grail. Blowing some account, trying some new method, strategy, and system until I realize that there's no holy grail. Money management and discipline is the key. So here's the beginning of my journal to show and prove that we can reign the market by mastering both key and only one custom indicator. Cheers,

I am mid to long term trader, trading seven major pairs for diversification: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY, USD/CHF, and USD/CAD

Basically I use Ichimoku Kinko Hyo for entry, exit, and stop loss rule, but I utilize it kind of different with how trader generally use it.

I'll update whenever I enter and exit my trade on the active month and then give the summary on the end of the month.

November 2009 just begin. So, let's get started.
Basically I have open position from previous month on several pairs (this doesn't count on November profit/loss). Other than that I'm waiting for my entry.

I use 2% of my account per trade for margin.
I have a selling setup for GBP/USD, and still waiting setup for the other six pairs.

Short GBP/USD 1.6284
Targetting 1.6206

Another setup activated.

Short AUD/USD 0.9058
Targetting 0.8857

Short NZD/USD 0.7116
Targetting 0.7091

Long USD/CAD 1.0822
Targetting 1.0870

more setup activated.

Long USD/CHF 1.0313
Targetting 1.0386

Short EUR/USD 1.4657
Targetting 1.4596

I have six open trade right now. Let's see what happen next to my open trade.

stopping all position on loss.

GBP/USD stopped for -165 points
AUD/USD stopped for -98 points
NZD/USD stopped for -104 points
USD/CAD stopped for -82 points
USD/CHF stopped for -45 points
EUR/USD stopped for -55 points

Whew, what a loss

next trading opportunity:

Long GBP/USD 1.6418
Targetting 1.6708

next setup has been executed.

Short USD/JPY 90.18
Targetting 89.34

Long AUD/USD 0.9104
Targetting 0.9170

Long NZD/USD 0.7209
Targetting 0.7312

Short USD/CAD 1.0644
Targetting 1.0557

Short USD/CHF
Targetting 1.0035

Long EUR/USD
Targetting 1.5039

All position has been closed on profit target.

EUR/USD closed for +156 pips
GBP/USD closed for +290 pips
AUD/USD closed for +66 pips
NZD/USD closed for +103 pips
USD/JPY closed for +84 pips
USD/CHF closed for +102 pips
USD/CAD closed for +87 pips