Nelson7 vs Eur/Usd

I am starting this thread to keep track of my trades. This strategy is very simple and uses the 1 hour to determine the trend. Entries are made off the 5 minute chart after a valid retracement is made. Strict money management, several rules and hours of watching the charts should keep me out of trouble.

Earlier I entered sell at 1:51 GMT open price 1.35890 , with the stoploss at 1.36110. Total risk for trade 22 pips. Market ran down almost immediately and when approximately at 1:1 I set the trade to breakeven only take be taken out a few candles later. It is Sunday evening , going to wait till morning for market to either continue the 1 hour trend or establish a new trend. Done for the night.

Woke up earlier and saw that trend had changed. The 1 hour is now in an uptrend. Will continue to watch.

I just set a buy market order, waiting to see if uptrend resumes.

Canceled buy market order. Market has retraced to far. For now will sit by and watch for more favorable conditions.

Entered buy @23:45, currently down 4 pips with a total risk of 13 pips.

Up 8 pips and looking to breakeven soon. I like the fact that a downward sloping trendline has been broken.

Price at 1.3711 will set to breakeven.

Trade progressing locked in 2% and set take profit to 1.3737.

Taken out of trade, stoploss hit +2%.

Entry 2/02 12:02 buy risking 19 pips. -2%

Entry 2/02 12:47 Sell risk 16 pips. Trade has progressed favorably and stoploss is set to breakeven. Take profit is set to 1.3758 which is a previous high but will watch trade and lock in profit as we go.

Moved up stoploss to lock in 2%.

Taken out with 2% profit.

hello Nelson7,
I disturb you a little bit because I would like to know how I can set up the calendar to get the result in live without actualize the web page?
thanks a lot

Hello zanao,

Congratulations on your first post. Not exactly sure what you mean but if it your looking to update the calendar, I just hit refresh occasionally.

Good morning
thanks for your reply
i'll follow your thread with attention
good trade

Entry, Sell @ 2.04 11:47 R 11.5 pips. Friday morning, will watch this trade with caution as I will not leave this trade open over the weekend. Looking at 1.3618 as possible support.

Last trade ended -2%. Ended the week at breakeven, didn't gain anything but better than that didn't lose anything.

Going to try and enter the trades next week as soon as I can after the entry is made. Only problem is sometimes the entries are made on my mobile and it makes it a little more difficult to place journal entries on forex factory. This week my first trade was 2/7 14:17 OPEN 1.35554.
-2%.