Bullrock trading journal....

I think the last time I posted on FF was in February in 2010 and before that the last time I was really active was in 2009. I decided to come back and to start a simple trading journal for my own sake and the sake of the community.

I have very simple rules. some of them are controversial and debatable but that is my style that fits my personality.

Here they are
1. I trade mostly the daily timeframe. Sometimes I drop to lower timeframes to optimize my entries. So daily timeframe.
2. I use mostly PA and SR. Not a big fan of indicators whether they are predictive or lagging or repainting (like the cameleon) So PA+SR.
3. No physical stop loss. I am a big fan of trade management and risk control.
4. Mostly no targets in trending markets. Maybe targets in ranging markets. Ie how do you know how long the trend lasts. (Remember no prediction.)
5. The reason for 3 and 4 is that I do not like to expose to the market maker, dealer, broker, whatever what are my plans or what do I think or how my system looks like.


Ha this is for starters just. I have to go now. Will be back later.

If I forgot something from my rules I will add later but these are the main ones.

Regards
BR

Current trades. (I post trades from my oanda live account)

EUR/USD short.
Broke a long running trendline.
Price below 1.3
Momentum and price dynamics bearish.

See attachment...

Here is the other position. Long of AUD/USD.

Bounce back from trendline? Maybe we will see. So I have opened this one.

I will also post some thoughts, etc and blah blah. I do not consider myself a newbie but neither a seasoned pro or a veteran. My only goal is to be the best in trading, at beating the odds, at protecting my capital. Actually #1 goal is not to make money but to be the best at WHAT I am doing. A very simple stuff. Aka KISS (Keep it simple stupid). Most of the problems comes when we try to overcomplicate things and that is simple. It is much more difficult to keep things simple. Got it? Simple to complicate, difficult so simplify. I like to look at the charts like a 2 year old looks at the world and ask simple questions. It is going up? So let us buy.
My other favourite is do not ever ever piss against the wind!!! Why 1 because you have no idea when the wind will change direction or will weaken and will get stronger and this you will stink....
This thread is for my accountability and my live journal so I know what are my weaknesses and strengths etc. This is a never ending journey and this is my journal of my journey.