My Journal - TraderVlad

I thought I'd start posting my journal on here too since everyone else is doing it... hehe...maybe I can get some constructive feedback on my trades...thanks for checking it out!

here's my trade idea on USDCAD. It's in a short term uptrend so I'm goin to go long at 1.1657...stop at 1.1623. Target 1.1700. Hopefully, the major news in CAD and USD will push it higher.

I also have a buy order in at 1.7650, stop at 1.7620, profit target of 1.7680 which is based on a wma cross over strategy. I have charts on my blogger(url in my profile) if anyone is interested in taking a look at that. I don't know how to resize them at the moment. When I figure that out I'll post them on here as well. Thanks have a great day

Vlad,


Are you form Toronto

I'm from the US, but i've been to Toronto...nice place...i would like to visit again...

Attaches files from Tradervlad

Hey Highway3000, thanks for posting those charts! How do you resize I still haven't figured it out!

Well, here's the trade idea and trade for today:

I entered short EURJPY at 138.66/stop at 138.96/target 138.18.

I also have a trade idea on GBPJPY, but I don't know if i can handle the spread. hehe. For my thoughts and charts on the trade check out my blog listed in my profile as I have not yet figured out how to resize an image after I'm done in Fireworks.

Any constructive feedback on my charting and trade ideas would be appreciated. Have a great day!

TraderVlad

Well, it looks like my last trade stopped out at a 30 pips loss...can't win them all I guess...just learn and move on. check out my blog for a full size chart and my thoughts on the trade.

I entered at trade this morning on AUDUSD.

Short @ .7509...stop @ .7553 and i am targeting the 200 sma on the 1 hr chart. Please see my blog for the charts.

Also, I've found a great site for newbies. Free charts, economic reports and analysis and even ebooks. It's awesome! Look for Pip Daddy and Big pippin in the forums. They'll point you in the right direction!

Entered EURJPY short @ 138.12/stop @ 138.38/ target 137.78

check the chart out at my blog


It might not move again until next week, and usually i don't hold positions over the weekend, but with EURJPY being in a downtrend and resistance at 100 sma and 61.8% retracement level this is a high probably of profit potential with a greater than 1:1 risk to reward ratio.

So, i'm going to be patient with this one and look to exit on monday or tuesday if it continues to consolidate. We'll see what happens. The weekend is here so let's take a break from Forex and have a great weekend!!
-TraderVlad

NZDUSD -Trade Idea
The 200 SMA has always been a good support/resistance point to trade off of for as long as I can remember. Here on the 1 hour the 200 SMA stopped the bull run the pair was making. Now I have two orders in for a long and short trade. If a full candle forms above the 200 SMA i'll go long with a 10 pips stop below the 200 SMA and a target of 10 pips below R2(0.6885).
I mostly think it will go short so I have an entry order to short at 0.6859 with as stop of 10 pips above the 200 SMA and an initial profit target of 10 pips. I'll probably open up 2 lots with the second lot going for the 50 SMA as a target(approximately 40 pips).

Also, check out my blog to see my recent trade on USDJPY. I forgot to post it on here. I netted 186 pips on that one. Thank goodness.