High Probabilty Trading

13:00 News exacly like forecasts.

18:10 Seems its end for today. For such market im happy with today trades.

1x SL and 1xTP. 9pips SL and 32+45pips/2 = 33pips gain.

So +24pips for today (with less than 10pips SL)

Tomorrow morning i hope situation will be more clear.

09.03.2012 08:00


No clear situations on market now. Today at 14:30 Non-Farm Employment Change so i think markets will wait for news and there will be some rapid moves after it.


I will just watch what is going on without positions (or maybe if i see something clear but it have to be in next 1-3hours max).


But probably no positions today.

15:30 End for today just like in plan. I dont even want to look at this mess now. On Sunday i will try to make something with it and get some strategys. I need some clear look on market.


But that was day for my skalp. Not bug gains but about 2xmore than risk.




See You all in Sunday night as every week.

After next week I will have a week breake - im going to ski to Austria.

11.03.2012 20:30 Sunday.


I will probably wait for Monday morning with analysis. I want to see what happen on opening.

12.03.2012 Today no news.


Im watching AUD/USD and GBP/USD on rest pairs I dont see any potential trades.

12:05 Looking for long on AUD/USD with v little SL.

I missed entry on AUD/USD - and after that it broke minimum - at least one time some luck

13:40 GBP/JPY potential long.

http://3.bp.blogspot.com/-1Mt7LOjun5...400/gbpjpy.JPG

If GBP/JPY is in new move up and now its wave 2 it can stop on this level. It S/R level and 50% of wave 1.

Hi AKHH, I'm still new in trading, just blown my account, starting fresh again. Hopefully can learn from your experience. Thanks.

AUDUSD LONG setup has occured, let's see if we can get a trigger.

By the way, I'm looking at M15 DToc 21,13,8,8 cross UP, OR H1 previous bar high 1.05107 as trigger

Sorry, since I'm a junior member, I can't attach too many pic, so I have to delete it.

Attachment

M15 DToc has crossed UP. Place 2 lots of stop BUY order at 1.05056.

Break a swing low at M1, Moved my stop BUY order down to 1.05001

Break new low, so cancel my order. Wait for another setup.

15:30 GBP/USD long 1.56140. SL 1.56090

15:33 GBP/JPY long 128.410 SL 128.370

Your trigger is from M1 chart?

17:15 LONG 2 lots AUDUSD at 1.04997, SL at 1.04857.

Going to bed now.

End for today.


2xSL and -9pips lost.
Im entering from m1 after signals on H1 and m5 - thats why SLs are really little.

Yes - when price is in reverse zone - from Eliot waves and Fibo groupings (analysis made on H1) and i have signal on H1 im waiting for signal on m5 than enetering from m1.

Its risky trading (last 2 weeks) and i want to keep SLs as short as possible to have even 1:8 - 1:20 R:R ratio.

Yeap, I trade in the similar manner, but so far my winning rates are very small, always got stopped out. My AUDUSD trade also got stopped out already, and it went back up after kicking me out.

Sorry, I just noticed this is your journal, sorry for putting my trade setup here.

Thats no problem for me. Im v happy if someone is trading similar way and post his trades.

Because of little stop loss sometimes of course You can get stop out and than market will go Your direction. But not often - if its going other way - seems market's plan is difeerent. But it also gives comfort to be wrong. 1 good trade can be better than even 5-10 loss trades.

Good day Akhh,

I see a setup on AUDUSD, but DToc just crossed down, will wait for a few hours and see how it swing first.