Amyc Trade Journal | Page 38 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

smallball's 2012 Live Trade Journal w/ Trade Explorer 9 replies

Bing trade journal 2 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Attachments: Amyc Trade Journal
Exit Attachments

Amyc Trade Journal

  • #741
  • Edited 11:28pm Aug 3, 2010 10:02pm | Edited 11:28pm
Hi Amy - how do you determine your stops? Just interested

BTW have you ever used a "live" pivot - I just added it to my trading spreadsheet for a laugh! I dont actually use pivots myself but your method is very cool

I'm sure there would be an indicator for this somewhere,

EDIT: Attached a sample of the spread sheet if anyones interested... Needs an Mt4 program running to track the live prices - Newer versions of excel may need to copy and paste it into their.
Attached Image (click to enlarge)
Click to Enlarge Name: live pivot.jpg Size: 165 KB
Attached File(s)
File Type: xls Live Pivot.xls   20 KB | 347 downloads
Time hides Nothing
  • #742
  • Aug 3, 2010 11:50pm Aug 3, 2010 11:50pm
Quoting CindyXXXX
Hi Amy - how do you determine your stops? Just interested

BTW have you ever used a "live" pivot - I just added it to my trading spreadsheet for a laugh! I dont actually use pivots myself but your method is very cool

I'm sure there would be an indicator for this somewhere,

EDIT: Attached a sample of the spread sheet if anyones interested... Needs an Mt4 program running to track the live prices - Newer versions of excel may need to copy and paste it into their.
I don't have any scientific method for determining stops, i usually just give a trade 5-20 pips. It also depends on whether I am watching the screen or not, if I am watching the entry can be more precise therefore less stop needed. For a long term trade that I am not watching at entry I may use a stop of up to 50 pips. it all depends on the rr, I want at least 5 before i take the trade.

I haven't used a live pivot.
  • #743
  • Aug 4, 2010 12:28am Aug 4, 2010 12:28am
Quoting amyc
I don't have any scientific method for determining stops, i usually just give a trade 5-20 pips. It also depends on whether I am watching the screen or not, if I am watching the entry can be more precise therefore less stop needed. For a long term trade that I am not watching at entry I may use a stop of up to 50 pips. it all depends on the rr, I want at least 5 before i take the trade.

I haven't used a live pivot.
Ok thanks Amy good luck with it
Time hides Nothing
  • #744
  • Aug 4, 2010 8:19pm Aug 4, 2010 8:19pm
AU missed my short order by 1 pip earlier. I have decided to jump in anyway at 9170. This short has a wide stop for now as it might still trade up to 9211 first. If it does I will short more here. The S&P should move up more on Thursday so that might drag au higher with it. This short is targeting the 80ish area.
  • #745
  • Aug 4, 2010 8:21pm Aug 4, 2010 8:21pm
EU shorts look good so far, I think Thursday price should reach 1.3120 but with nfp price might just range till then. I am going to just sit on these shorts until the end of the week and see where price is by then.
  • #746
  • Aug 4, 2010 8:26pm Aug 4, 2010 8:26pm
Quoting amyc
AU missed my short order by 1 pip earlier. I have decided to jump in anyway at 9170. This short has a wide stop for now as it might still trade up to 9211 first. If it does I will short more here. The S&P should move up more on Thursday so that might drag au higher with it. This short is targeting the 80ish area.
I'm with you on this trade for a number of technical reasons.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #747
  • Aug 4, 2010 8:41pm Aug 4, 2010 8:41pm
Quoting MarcVUM
I'm with you on this trade for a number of technical reasons.
There's a heap of support down at 9100 not sure if it'll get past that until nfp.
  • #748
  • Aug 4, 2010 8:52pm Aug 4, 2010 8:52pm
Quoting amyc
There's a heap of support down at 9100 not sure if it'll get past that until nfp.
Yes, I see the same thing. I will be taking profit on one of my shorts @ 9110... the rest I will allow room to breathe and will just keep moving my S/L down as we go.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #749
  • Aug 5, 2010 5:52pm Aug 5, 2010 5:52pm
AU still consolidating, it needs to complete the 80 pip high at 9196 before it will come down i think. For Friday this matches up with the green highs also at 9196. When price bounces off the green highs on Friday the next move is to the green lows on Monday. I have more short orders at 9196 with stops 9230. Stops probably don't need to be this wide I just want to make sure I am not stopped out by volatility or wide spreads.
Attached Image (click to enlarge)
Click to Enlarge Name: au.GIF Size: 19 KB
  • #750
  • Aug 5, 2010 5:58pm Aug 5, 2010 5:58pm
EU has been volatile, I was expecting the move back up last night off the daily lows at 1.3120. There is a possibility that eu moves up as far as 1.3240 for Friday but I am only interested in where the week closes at, it can do what it likes between now and then.
  • #751
  • Aug 6, 2010 8:02am Aug 6, 2010 8:02am
Quoting amyc
AU still consolidating, it needs to complete the 80 pip high at 9196 before it will come down i think. For Friday this matches up with the green highs also at 9196. When price bounces off the green highs on Friday the next move is to the green lows on Monday. I have more short orders at 9196 with stops 9230. Stops probably don't need to be this wide I just want to make sure I am not stopped out by volatility or wide spreads.
VERY VERY SHARP ON 9196 AMY!!! 91965 was the top.
It's just amazing charts you came up with.

But still there's the rest of the night to go on, one more announcement by CAD later. Will find out if there will be another top.

Great work!
  • #752
  • Aug 6, 2010 8:03pm Aug 6, 2010 8:03pm
AU shorts survived Friday by 8 pips. I think that this week will see a move back to 9080 first, after that it could swing back up but I favour the downside for the next 3 weeks. The reasons being a weekly close below 9188 is bearish and the daily close below 9193 is bearish (lower chart). I mentioned on Friday that if price touched the green highs at 9193 and then closed below then the next move would be to the green lows on Monday (9082).
Also another reason I favour shorts is that au has now been to the weekly highs 3 weeks in a row, once this has happened it will almost always visit the lows next week no matter where price has closed.
I will be holding my shorts this week and taking partial profits at 9080 if it gets there, the rest I will hold targeting 80ish. Stops above Fridays highs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au1.GIF Size: 17 KB
Click to Enlarge Name: a.GIF Size: 9 KB
  • #753
  • Aug 6, 2010 8:22pm Aug 6, 2010 8:22pm
The top chart is the dow weekly, I think it is getting very close to a sell point as well. 10674 is the monthly high, I think this could send it down into 9124 which is what I am looking for as a low for the dow.

This week however there is a higher move to make into the green highs after Fridays support on the lows. This is the opposite move to au so might cause some problems for one of these markets since they are normally highly correlated but i am just going to trade what the charts say.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dow.GIF Size: 18 KB
Click to Enlarge Name: d.GIF Size: 11 KB
  • #754
  • Aug 6, 2010 8:25pm Aug 6, 2010 8:25pm
I was stopped out on the EU shorts at 1.3300. This week eu should move higher into at least 1.3360 I will take longs up into here then I am going to have another go at shorting this pair.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.GIF Size: 18 KB
  • #755
  • Aug 8, 2010 6:10pm Aug 8, 2010 6:10pm
One more for the start of the week, cable should swing down to meet up with the green lows over the next day or 2 before swinging up to 1.6030.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.GIF Size: 17 KB
  • #756
  • Aug 9, 2010 1:24am Aug 9, 2010 1:24am
I have taken longs on eu on the break of 1.3287, I should have gotten in earlier at 1.3275 but at that time was looking at 1.3240. Target 1.3360.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.GIF Size: 10 KB
  • #757
  • Aug 11, 2010 8:57pm Aug 11, 2010 8:57pm
Hi Amy,

How are you? Hope you had a good holiday.

Whats your latest take on AU?

My subsciption expired so couldn't see the charts!


Thanks,
  • #758
  • Aug 13, 2010 1:53am Aug 13, 2010 1:53am
Hi epeks

I have closed all my au shorts today, at the moment I don't see today being a down day. If I am wrong then I will reenter next week. If today goes up then there is a potential move to 93 before more down.
  • #759
  • Aug 13, 2010 5:31am Aug 13, 2010 5:31am
Changed my mind and got back in au shorts. no loss in position incurred, back to bearish thoughts on this pair.
  • #760
  • Aug 14, 2010 9:43pm Aug 14, 2010 9:43pm
AU, this week I will be taking profit on my shorts if price gets to 8870. I was planning on holding these longer but I see too much support in the 8860-70 area. I won't be longing from here just watching for the next shorting area.
Attached Image (click to enlarge)
Click to Enlarge Name: au.GIF Size: 17 KB
1 trader viewing now