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Buildcity's Trading Journal

  • #761
  • Aug 26, 2010 10:35am Aug 26, 2010 10:35am
Similar to GU, quick short from resistance
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  • #762
  • Edited 12:04pm Aug 26, 2010 11:09am | Edited 12:04pm
That's what I said in Sho's thread, right before the closing of London, a pull back, then do a quick short one. Seems the market is in range, so do a quick one. Actually the 2 bars before didnt look good for me, so even let me make the quick decision to quit.

EJ M15 Chart
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  • #763
  • Aug 26, 2010 1:59pm Aug 26, 2010 1:59pm
I love this, I will forever have this image of Uncle Eric now

I feel like this a work sometimes trying to get in a trade on my mini without the staff watching.

Quoting Pipalicious
Welcome back Erik!

I found this picture.... is it you???

hahaha!

Lets hustle them pips ey?!

  • #764
  • Aug 26, 2010 4:15pm Aug 26, 2010 4:15pm
Quoting Pipalicious
Welcome back Erik!

I found this picture.... is it you???

hahaha!

Lets hustle them pips ey?!

Loooool at that pic!!

No wonder eric needs to work at home and make his little office, to hide from the bankers he keep stealin off!
  • #765
  • Aug 27, 2010 12:32am Aug 27, 2010 12:32am
1st trade early morning today, now have time to post. Classic Sho's setup
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  • #766
  • Aug 27, 2010 12:51am Aug 27, 2010 12:51am
classic setup, but only caught 3 then exit cos the GU is in different direction, doesnt look good. And the top supply area is approaching, no much room to trade long.

Well, small profit is much better than negative trade
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  • #767
  • Aug 27, 2010 2:02am Aug 27, 2010 2:02am
Still not familiar with EU, BE out; GU with good support, but the EJ & EU both look turning backward, sharp cut with +9

PS - I'm really trading like this in office, hehe
http://www.forexfactory.com/showpost...&postcount=757

Anyway, daily traget achieved, thereafter bonus
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  • #768
  • Aug 27, 2010 3:28am Aug 27, 2010 3:28am
Quoting Buildcity
Still not familiar with EU, BE out; GU with good support, but the EJ & EU both look turning backward, sharp cut with +9

PS - I'm really trading like this in office, hehe
http://www.forexfactory.com/showpost...&postcount=757

Anyway, daily traget achieved, thereafter bonus
Eric ones again what u do and Kurt is just amazing u don't have too much time guys and still do great job in scalping.
My hat is off guys!!!!
  • #769
  • Aug 27, 2010 4:52am Aug 27, 2010 4:52am
Quoting Fxfighter
Eric ones again what u do and Kurt is just amazing u don't have too much time guys and still do great job in scalping.
My hat is off guys!!!!
Yeah, that's why I only have 2 ways to go in forex, long term trade but my personality doesnt seem to fit; the last but only choice is scalping, no big gain but comfortable with small profit. Pretty good enough for free sandwich, like Kurt or Rufus, who enjoys the lunch break together with the FX monitor

Appreciated your nice words , your trades are not bad too!!

Cheers
Eric
  • #770
  • Aug 27, 2010 10:42am Aug 27, 2010 10:42am
Friday, and full of news. Really hard to play today.

http://www.forexfactory.com/showpost...postcount=5332

How lucky I'm still, woooooooooooooooooo........., must stop now.

My equity curve today........ woooooooooooooo again............
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  • #771
  • Aug 29, 2010 9:52pm Aug 29, 2010 9:52pm
Hi Eric,

just found your journal thread in here...
very nice journal,
please allow me to follow ur journal,
i think this will be a very good learning for someone new to the system like me,

Wish u have a nice trading

Vashe
~ Patience is the Key ~
  • #772
  • Aug 29, 2010 10:16pm Aug 29, 2010 10:16pm
Quoting vashe
Hi Eric,

just found your journal thread in here...
very nice journal,
please allow me to follow ur journal,
i think this will be a very good learning for someone new to the system like me,

Wish u have a nice trading

Vashe
Feel free to be here, I'm still learning from Sho too.

Eric
  • #773
  • Aug 29, 2010 10:22pm Aug 29, 2010 10:22pm
Caught the train!!

Entered coz the supply zone was really hard to break. A trial short order with tight SL above this resistance level. Moved SL to BE when 10 gained, seems the momentum was still with me (all GU / EJ / UJ were in the same run!!), then wait for another 10. Done

PS - the moment I cut the order coz also the demand zone and r/n are both approaching on EJ, would be stalled again. So better keep my quick profit first.
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  • #774
  • Aug 29, 2010 10:41pm Aug 29, 2010 10:41pm
Sweet one dude

Quoting Buildcity
Caught the train!!

Entered coz the supply zone was really hard to break. A trial short order with tight SL above this resistance level. Moved SL to BE when 10 gained, seems the momentum was still with me (all GU / EJ / UJ were in the same run!!), then wait for another 10. Done

PS - the moment I cut the order coz also the demand zone and r/n are both approaching on EJ, would be stalled again. So better keep my quick profit first.
  • #775
  • Aug 29, 2010 11:04pm Aug 29, 2010 11:04pm
Quoting TheRoper
Sweet one dude
Tks Kurt, caught another 11 from EJ this time within the same momentum, posted on Sho's thread.

http://www.forexfactory.com/showpost...postcount=5342

Hehe, my daily safety line is crossed, thereafter the bonus portion.
  • #776
  • Aug 30, 2010 12:34am Aug 30, 2010 12:34am
Took me 3 bars time to catch this little 9, cut then with force to move down again
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  • #777
  • Aug 30, 2010 1:28am Aug 30, 2010 1:28am
To Vashe and those who are interesting in this Journal

My plays are mostly in higher risk as my plays are rather aggressive, but the prime principle is "momentum" which come from Sho's method http://www.forexfactory.com/showthread.php?t=217281 , and Sho's 2nd thread http://www.forexfactory.com/showthread.php?t=222822

and the combination of support and resistance (or supply and demand), in which Sho (Trade Price) and Rob (PriceAction) did talk and prove very much in the same threads.

So dont mix up with Sho's method as it can also be in conservative play with much safer approach.

Happy trading all
Eric




Quoting vashe
Hi Eric,

just found your journal thread in here...
very nice journal,
please allow me to follow ur journal,
i think this will be a very good learning for someone new to the system like me,

Wish u have a nice trading

Vashe
  • #778
  • Aug 30, 2010 7:39am Aug 30, 2010 7:39am
A little 10 from bottom up right after the news
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  • #779
  • Aug 31, 2010 7:33am Aug 31, 2010 7:33am
Post on Sho's thread, and would like to post here again to refresh my trend trading method too.
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  • #780
  • Aug 31, 2010 8:32am Aug 31, 2010 8:32am
Quoting Buildcity
Post on Sho's thread, and would like to post here again to refresh my trend trading method too.
Yip, that's why you rake in the pips.

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