My trading Journal

I have closed all the open trades, because I have to go and learn a Physics unit and Chemistry unit .

I will be back after 5 hours (i'd be back tonight )

6 profitable trades and 4 loosing trades so far. One trade hit Break even

Net profit= 4.81 dollars

account increase = 2.94 % ( within 2 trading days )

P. S >> I trade using micro lots

Good Luck.
Happy pipping

I am going short on USDCHF hoping that it would reach the median line.
See the attached image

I am trading using 0.01 lot size . no SL and TP so far . Will adjust those after watching the charts

Trade with a profit of +20.6 pips

and now its been hours since i opened a long CHFJPY postion... i opened this position because i saw a double bottom.. price is struggling to rise.. let it rise

Here is the chart you couldn't open the link..

http://screencast.com/t/yMlNhtqqF1

looks good . keep trying and dont forget to share your findings.

By the way. Today so far no trades. Just watching charts to pull the trigger

Its been hours since i entered a short postion on this pair...expecting that price would reach the median line.. TP will be set a level near the median line .
So far +55.8 pips

See the attached chart

I am in a short trade in CHFJPY and i entered too lately (i was sleeping )

As price has passed through the lower trigger line. i am selling .

See the attached chart

I am expecting to go long on USDCHF . If the price has passed through the upper trigger line (pink line ) that is a buy signal and I will be buying.

The reason why I am not entering the trade now is that ONE candle has not passed through that line . In order for the signal to be confirmed, one full candle shud pass through the upper trigger line.

I think we will see that.

See the chart

In the diagram you will see S/R . Price is struggling near the Resistance level . There is a spike of a candle which has passed through this resistance line.. but this is no indication that price will rise.

The next candle will decide whether to go long or short . If a candle with higher high and higher low is formed then we will go long .

Sell USDCHF

I am going short on USDCHF expecting that price would reach the support level .(u can see that from my last attachment ) .

This diagram shows my target . The small pink trend line is my target for this trade.

And the big pink line is the long term analysis . Price may fall in the long term to that level . ( The longer pink trend line level ) .

Overall this pair is going down and i am expecting that to happen for days ..

I know you couldn't open my links but try looking at the charts on this blog Maybe it will open for you

http://aplacetotrade.com/blog-2/

First of all let me comment on the website . It is WOW , great . Eventhough it is not fully built . Keep up the good work !

Secondly I want to ask you , Are you curtis ?

Thirdly , I saw that you applied action/reaction theory into finacial markets . That is the part where i find difficult in Andrews course. I am still trying to figure out how it works and hoe to use it !!!

Last but not the least, I was unable to view only one of your links ... The other links you posted were great!!!

Again I would say Keep up the good work and What is your success rate by using these Forks and Andrews theories ??? How long have you been using them ??

Regarding the trades .....

No new trades so far .. Just 3 open trades

+42.7 pips , -8.8 pips , +0.2 pips

Those are the results

I will keep posting If I take any new trades

I am currently watching USDCAD and I see one pitchfork giving a buy signal and another important pitchfork is giving a sell signal in the long term . But for now i believe that prices would rise, because the latest support level have not been broken and prices respected that area and are moving up..

But i guess, After rallying up they would fall ....


[To be continued.......]

Continued ......


These charts are showing the likely probability of prices going up and then again falling back ......

Let us see

So far I didnt take the trade ... Just waiting to pull the trigger ..

[quote=fx learner1;5268843]First of all let me comment on the website . It is WOW , great .

Thank You

Yes Curtis (Curt)

I admit it took a while to "use them" . I met a guy in 2007 that used them and he always came up with line sets that I had not found. You just have to draw and draw.

I am a big fan of simulated trading when you are learning a new method. I think it should be practiced so much that it feels right because you understand the probabilities.

Its hard to think in terms of probabilities when we are used to getting test scores in the 90's.

My advice is to start drawing from alternating pivots (swing highs and swing lows) and concentrate on the first Andrew's rule that price will make it to the median line. The med line is the center of the fork.

Then you can see how price acts around it and you can start applying other rules. Forks have the mathematical probability statistics not the action reaction lines.

I did a you tube video on my ensign fork settings that can help understand shiff and modified shiff line sets . Its aplacetotrade channel.

Curt

Just an update :

I am looking to go short on USDCAD ... but waiting for rthe full setup... I think now it is too early to enter the trade...

I am saying this because H1 is giving a buy signal... So once the lower trigger line is broken , I will enter short .

The charts are attached in the previous post ...

Unexpected !!!!!!!!!!

There is a big bullish candle forming . I will exit this trade based in the new candle . If the new candle is formed above the trigger line then I will go long and close my current short position with a loss of around 45 pips .

See the attached chart . The new candle is going through the upper trigger line .. lets see wat happens

Whether to stay short or to exit and go long ...

[continuation of the above post ]

here is the chart !!!

This is a new trade .. I am going short on NZDUSD expecting that price would reach the median line .

I think this would be a nice trade . Cant assure anything in Forex !!!


Let us see what happens !!!

Stop loss would be placed above the upper trigger line and TP will be placed in some place near the median line ..