EFT Forex Trading Journal

Hello,

Welcome to the online documented Journal of my EFT Forex Technique. The name stands for Emotion Free Trading. The intention is to show discipline and diligence prevail over the markets. Plan your approach. Work your plan. know your averages. Be consistent. Take every signal with equal weight. Consistent money management to protect your capital will ensure a solid full time income from Trading.


Enjoy,

Thanks
Rob

All trades at this time are on EU only and traded from Frankfurt open thru approx. the London close.

Today's entry:

Buy @ 1.2811

Target std. 30pips @ 1.2841
Stop @ 1.2781

Entry taken at 2:05am EST

Price has progressed +20 from entry, move stop to break even, wait for target to be reached.

Stop taken out at Break even. Wait for new signal.

tp 1.2782
Stop 1.2837

Buy 1.2825
tp 1.2852
stop1.2802

don't like them but they happen.

Reopen short and hold to target of 1.2777 or stop of 1.2837

Human Error. Will cost me 17pips on the day.

target 1.2844
Stop 1.2791

tp 1.2771
Stop 1.2820