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Four Kids 2nd Journal

  • #281
  • Apr 23, 2010 2:07am Apr 23, 2010 2:07am
pending ncad short at .7080, sl .7150, tp1 open, tp2 open
  • #282
  • Apr 23, 2010 6:27am Apr 23, 2010 6:27am
pending ncad's cancelled
  • #283
  • Apr 23, 2010 10:23pm Apr 23, 2010 10:23pm
Weekly roundup:

8 trades, 6 wins, 2 loses

+200 pips
  • #284
  • Apr 23, 2010 10:32pm Apr 23, 2010 10:32pm
whta a/c size now if you dont mind sharing

Quoting Four Kids
Weekly roundup:

8 trades, 6 wins, 2 loses

+200 pips
  • #285
  • Apr 23, 2010 11:08pm Apr 23, 2010 11:08pm
Quoting coolshades
whta a/c size now if you dont mind sharing
$471. Running at a loss this month. I stopped posting my balance because things got a bit messy, with scalping out of the same account,( and the scalping ran at a big loss the last 2 to 3 weeks ), and lack of concentration due to been made redundant four weeks ago.

Hope to have a job soon, and have stopped scalping, so I will start to post acc balance again.

tp1 and tp2 no longer means 1 lot and 2 lot's. Now it just means 1st target and 2nd target.
  • #286
  • Edited 12:42pm Apr 25, 2010 3:42am | Edited 12:42pm
pending long at 2950, stop at 2870. h4 charts below.

edit: scratching this trade. too many bounces off that s/r line.
Attached Image
  • #287
  • Apr 26, 2010 1:37am Apr 26, 2010 1:37am
eu sold at 1.3335, sl 1.3440, tp1 1.3270, tp2 open, tp3 open
  • #288
  • Apr 26, 2010 2:01am Apr 26, 2010 2:01am
you now buy/sell one lot and then exit partially at each tp level?

Quoting Four Kids
eu sold at 1.3335, sl 1.3440, tp1 1.3270, tp2 open, tp3 open
  • #289
  • Apr 26, 2010 2:03am Apr 26, 2010 2:03am
ecad short at 1.3320, sl 1.3430, tp1 1.3250, tp2 open
  • #290
  • Apr 26, 2010 2:08am Apr 26, 2010 2:08am
Quoting coolshades
you now buy/sell one lot and then exit partially at each tp level?
Yes and no. Depends how you look at it. I consider them separate trades. I am still trading the same way I was trading when I started this journal.
  • #291
  • Apr 26, 2010 2:14am Apr 26, 2010 2:14am
ok, cause i remember you mentioned earlier that you didnt trade separate lots now.

Quoting Four Kids
Yes and no. Depends how you look at it. I consider them separate trades. I am still trading the same way I was trading when I started this journal.
  • #292
  • Apr 26, 2010 2:26am Apr 26, 2010 2:26am
I used to write tp3 or tp5 or tp what ever, indicating 3 or 5 or what ever number of lots, but they were separate trades as far as I am concerned.

Now, I don't indicate how many lots. Tp1 and tp2 just means 2 trades with different targets.

I know most traders look at it as one trade with different tp levels, I don't.
  • #293
  • Apr 26, 2010 11:20pm Apr 26, 2010 11:20pm
ecad's hit sl, - 120 pips each. Taken out by 3 pips.
  • #294
  • Apr 26, 2010 11:49pm Apr 26, 2010 11:49pm
h4 charts. been thinking whether this is really a short set up below 2800.

4k what do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd_h4_apri2010.png Size: 23 KB
  • #295
  • Apr 26, 2010 11:57pm Apr 26, 2010 11:57pm
Hi Cools, yeah this also is on my watch list, just waiting to see what the current 4hr does.
  • #296
  • Apr 27, 2010 12:00am Apr 27, 2010 12:00am
thats good. i am still not sure if it would be a long trade as well, since oe h4 bar has closed above 2800..

what do you do in such circumstances?

Quoting Four Kids
Hi Cools, yeah this also is on my watch list, just waiting to see what the current 4hr does.
  • #297
  • Apr 27, 2010 12:00am Apr 27, 2010 12:00am
Also have gn on watch list, still in eu, and watching ecad to enter again.
  • #298
  • Apr 27, 2010 12:02am Apr 27, 2010 12:02am
Quoting coolshades
thats good. i am still not sure if it would be a long trade as well, since oe h4 bar has closed above 2800..

what do you do in such circumstances?
Wait for the close of the 4hr.
  • #299
  • Apr 27, 2010 12:05am Apr 27, 2010 12:05am
i have 3-4 eu positions open roughly from 333 to 327. the rest dont follow.

i only follow eu, gu, usdchf, usdcad, euraud, audusd, and now audnzd. i might add more pairs though. i prefer to follow pairs which have a long term trend.

currently watching usdcad to reach 0060 and euraud to reach 4500 to see possible trades.

Quoting Four Kids
Also have gn on watch list, still in eu, and watching ecad to enter again.
  • #300
  • Apr 27, 2010 1:55am Apr 27, 2010 1:55am
Pending an short at 1.2790, sl 1.2880, tp1 open, tp2 open
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