My trading journey

here's my blotter so far..

book is up 1.89% now, i'm happy

but not until i close my position and banked in profits hehehe

bears noted ! be cautious people

there goes the bears wohaa

i don't like this volatility at all i hate spikey days hmmm i wish it will be in my favor, cannot do much except to dance swiftly and good. i need to be quick, any sign of exasperation for bulls then i will square most of my position and maybe just leave the original scout to see direction besides he already got foreign capital to burn if need be

is this what fti means by sweeping the ducks? why he encourage us not to use stop loss, but instead to be nimble... and rescue operation if need be

i just don't feel right, something's wrong here, i squared all my position except the scout @ 1.2333

bot 1.2295 x 1 = 38
bot 1.2310 x 2 = 46
bot 1.2330 x 2 = 6

total = 90 pips

1 scout still on (bot at 1.2280)

buy order @ 1.2345 x 2

15 minutes... minor correction, indecisiveness of the both... continuation? look at the long wick (a pinbar), i looks like continuation of bulls dominance? i might be wrong, we'll see.

momentum is slowing down? my order is not filled yet

BRB, in 20 min...

i'm back and saw the wild swing of bears not good, just closed my position and managed to bring home the scout with small pips gain @ 1.2295

this is what fti and leighsww always said that always babysit the soldiers closely... but i left for about 20 minutes. well next time either not to leave open trade with babysitting or close all open positions before leaving the battlestation... another lesson learned today, Darn!

closing my battlestation now, the general is calling it a day happy pipping all and be safe!

Hi Dongsky

Nice Journal & excellent trading thus far

Since you are done with your battle can you spare a few moment to help out fellow newbie who has also chance upon fti excellent teaching & Feb system

1) Are you using Feb's System I or II?

2) Lots of reading to be done on FTA however i have fast forward and based on the recent thread it seem that the FTA has disgress a fair bit... In your opinion when the thread starts to disgress and which are the important pages that contained the AOW teaching. P.S i am just on page 20

3) Are you trading full-time? Using standard lot? Cos your trade results shown on 15 May reveal u DEEP in RED


Pip Well
Sylar

Hi sylar,

Welcome to my journey and thank you for your kind words.

yes i'm following fti's methodology and a little bit of feb's technique as well. since both of their styles are pure price action which my cup of tea, i decided to use both

I followed feb's II (irony) because he's doing it in 5 minute time frame and as you can see that's fti's trading window. as fti always reminding us (followers/ students) that more than 5 minutes is too long to wait when trouble comes and need rescue operations. it is not for quick money but if that's what the market is just giving me then i will be happy to take the money quickly as can be I don't practice rescue operation, i am very lousy in implementing it the reason why i cut straightaway my losses and always let the winner run until it runs out of puff.

for me, there is a summarized document of fti's thread, where all the juices of the thread is. i suggest you read the thread #1 upto page 200, i beleive all the good learning is in.

yes i'm trading full time, with forexct and fxcm. yep i'm in a regular account after that particular salesperson from fxcm australia tricked me... now i'm stuck, i cannot stop... but well, in the same time i'm glad i'm in.

be safe and be good!
dongksy

hi all, i'm looking at eur/usd 15 min window... just my insights

buy order filled @ 1.2285 x 1