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My road to FX

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  • #1
  • First Post: Edited Apr 15, 2015 11:52am Jul 17, 2011 3:31am | Edited Apr 15, 2015 11:52am
Hello everyone,

Id like to start my first forex journal here. Before I start writing about my goal and strategy, I want to introduce myself shortly. Iam 24. My experience in forex is about 5 years but not active trader all this time. I don't want to write about my previous success and defeats. From now, sheet of paper (and excel too) is empty. I want to write about all my trades, this very bad and stupid too. I need to be honest with myself, and strongly stick to the plan.

My English may be not good but I work to increase my level. Let's get down to specifics.

My main strategy is :
edit 15/04
Rules was Delete, because strategy was old. I will not show the current.

Wish me discipline and luck. Any good suggestions are welcome.

Greetings
Gopixus
  • #2
  • Jul 17, 2011 5:46am Jul 17, 2011 5:46am
  •  JMo
  • | Joined Aug 2010 | Status: Discipline + Winning Edge = WEALTH | 43 Posts
Wish you lots of discipline and analytical skills. Once you have these, Luck will come chasing you.

Quoting Gopixus
Hello everyone,

I’d like to start my first forex journal here. Before I start writing about my goal and strategy, I want to introduce myself shortly. I’am 24. My experience in forex is about 5 years but not active trader all this time. I don't want to write about my previous success and defeats. From now, sheet of paper (and excel too) is empty. I want to write about all my trades, this very bad and stupid too. I need to be honest with myself, and strongly stick to the plan.

My English may be not good but I work to increase my level. Let's...
  • #3
  • Jul 17, 2011 6:43am Jul 17, 2011 6:43am
Quoting JMo
Wish you lots of discipline and analytical skills. Once you have these, Luck will come chasing you.
Thank You

This is my own candlestick daily close chart. My system is good like you see in picture. Poor discipline = disaster ! But... it is history. Never again.

Attached Image (click to enlarge)
Click to Enlarge Name: history__.png Size: 15 KB
  • #4
  • Edited 4:02pm Jul 17, 2011 3:19pm | Edited 4:02pm
***
S 0,04 eur/usd 1.4125
***
Attached Image (click to enlarge)
Click to Enlarge Name: edek.jpg Size: 138 KB


Hmm I don't think that price break 1.4100 level this night...

***
Close S 0,04 eur/usd 1,4114
+$4,2 / +10,5 pips
Balance : $659
***
  • #5
  • Jul 18, 2011 3:11am Jul 18, 2011 3:11am

Attached Image (click to enlarge)
Click to Enlarge Name: edek2.jpg Size: 126 KB
  • #6
  • Edited 4:03am Jul 18, 2011 3:39am | Edited 4:03am
***
S 0,04 eur/usd 1.4057
***

***
Close S 0,04 eur/usd 1,4055
+$0,76 / +2 pips
Balance : $660
***
Why I close? Hm... Now market is going in my direction. 1.4037
  • #7
  • Jul 19, 2011 10:00am Jul 19, 2011 10:00am
***
S 0,04 eur/usd 1.4189
***
  • #8
  • Jul 19, 2011 10:27am Jul 19, 2011 10:27am
***
Close S 0,04 eur/usd 1,4171
+$7,16 / +18 pips
Balance : $667
***
  • #9
  • Edited 1:29pm Jul 19, 2011 12:42pm | Edited 1:29pm
First 3 days statement :
Attached Image (click to enlarge)
Click to Enlarge Name: stat1.jpg Size: 46 KB


Risk buy :
***
B 0,04 eur/usd 1.4115
***
Attached Image (click to enlarge)
Click to Enlarge Name: edek3.jpg Size: 135 KB



Fast income
***
Close S 0,04 eur/usd 1,4130
+$6,28 / +15 pips
Balance : $673
***
  • #10
  • Jul 19, 2011 4:55pm Jul 19, 2011 4:55pm
My main goal for this moment is reach daily income > 25$. I want to make money for myself, not for any corporation that I'am working right now !!!

Goodnight.
  • #11
  • Jul 20, 2011 1:02am Jul 20, 2011 1:02am
***
#5

B 0,04 eur/usd 1.4142
***
Attached Image (click to enlarge)
Click to Enlarge Name: edek5.jpg Size: 135 KB
  • #12
  • Jul 20, 2011 1:31am Jul 20, 2011 1:31am
***
#5
Close B 0,04 eur/usd 1,4170
+$11,20 / +28 pips
Balance : $684
***
  • #13
  • Jul 20, 2011 3:02am Jul 20, 2011 3:02am
***
#6

B 0,04 eur/usd 1.4176
***
Attached Image (click to enlarge)
Click to Enlarge Name: edek6.jpg Size: 132 KB
  • #14
  • Jul 20, 2011 3:06am Jul 20, 2011 3:06am
***
#6
Close B 0,04 eur/usd 1,4186
+$4,04 / +10 pips
Balance : $689
***
  • #15
  • Jul 20, 2011 7:29am Jul 20, 2011 7:29am
My trades are good but I'am not satisfied because my Risk Reward is too small. Any advice dear traders ?

Last stats:
Attached Image (click to enlarge)
Click to Enlarge Name: stat2.jpg Size: 72 KB
  • #16
  • Jul 20, 2011 7:50am Jul 20, 2011 7:50am
Quoting Gopixus
My trades are good but I'am not satisfied because my Risk Reward is too small. Any advice dear traders ?

Last stats:
Attachment

keep on rocking mate!

what, you have 10 pips SL? and you have 14 pips average win so far. 1:1.4 is a beauty... Keep on rocking!
  • #17
  • Jul 20, 2011 8:11am Jul 20, 2011 8:11am
Quoting 21vs7
keep on rocking mate!

what, you have 10 pips SL? and you have 14 pips average win so far. 1:1.4 is a beauty... Keep on rocking!
My SL is about 15-20 pips, but 20 pips is max. Thank's mate, Wish you many pips too !
  • #18
  • Edited 10:10am Jul 20, 2011 9:31am | Edited 10:10am
***
#7

Sell 0,04 eur/usd 1.4182 SL 1.4208
***
Attached Image (click to enlarge)
Click to Enlarge Name: edek6.jpg Size: 124 KB


#7
Close Sell 0,04 eur/usd 1,4208
+$10,40 / -24 pips
Balance : $678
***
  • #19
  • Edited 1:04pm Jul 20, 2011 10:59am | Edited 1:04pm
#8 sell eur/usd 0,04 1,4193

Close Sell 0,04 eur/usd 1,4205
-$4,68 / -12 pips
Balance : $673

This is only part of the game.
  • #20
  • Jul 21, 2011 12:53am Jul 21, 2011 12:53am
Risky Buy

***
#9
Buy 0,04 gbp/usd 1.6175 SL 1.6155
***
Attached Image (click to enlarge)
Click to Enlarge Name: kabel1.jpg Size: 111 KB
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