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My Trading journal "mentoring myself"

  • #21
  • Oct 4, 2012 1:05am Oct 4, 2012 1:05am
Short fibre(maybe a little early)

1.2927

ROOI:nerd:
Attached Image(s) (click to enlarge)
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We miss 100% of the shots we don't take
  • #22
  • Oct 4, 2012 2:08am Oct 4, 2012 2:08am
Quoting Rooi
Short fibre(maybe a little early)

1.2927

ROOI:nerd:
-25

Yip.Have to wait for London to open in future.

Throwing away pips

ROOI:nerd:
We miss 100% of the shots we don't take
  • #23
  • Oct 4, 2012 2:58am Oct 4, 2012 2:58am
You need to have a wider SL (IMO) to trade pre London open, that is how I used to trade, take position and then add to it. 25 pips is not wide enough to allow that you would need a minimum of 40 pips, that is why I have moved to entries after London open.




Quoting Rooi
-25

Yip.Have to wait for London to open in future.

Throwing away pips

ROOI:nerd:
  • #24
  • Oct 4, 2012 4:09am Oct 4, 2012 4:09am
Quoting Dayboy001
You need to have a wider SL (IMO) to trade pre London open, that is how I used to trade, take position and then add to it. 25 pips is not wide enough to allow that you would need a minimum of 40 pips, that is why I have moved to entries after London open.

I agree.Its all a matter of discipline as well.I don't normally trade before London open and I broke the that rule and it has cost me the 25pips.

I will wait for London to print the high or low of the session and and then enter.
Just need patience.

I gather that is what you have paid particular attention to.

Like is said still learning a great deal from you.Thanks for the comments

ROOI:nerd:
We miss 100% of the shots we don't take
  • #25
  • Oct 4, 2012 4:42am Oct 4, 2012 4:42am
Quoting Rooi
I gather that is what you have paid particular attention to.

Like is said still learning a great deal from you.Thanks for the comments

ROOI:nerd:
Indeed it is, which is why I stopped testing those systems, wasn't that there wasn't potential it was just that for 1) I don't like strict systems and 2) don't have the patience.

I also lack patience, my only way to stop trading pre London is to not turn my computer on !!!

HOW USELESS IS THAT !!!

we all have our weaknesses !

Keep at it!

  • #26
  • Oct 4, 2012 4:59am Oct 4, 2012 4:59am
Quoting Dayboy001
Indeed it is, which is why I stopped testing those systems, wasn't that there wasn't potential it was just that for 1) I don't like strict systems and 2) don't have the patience.

I also lack patience, my only way to stop trading pre London is to not turn my computer on !!!

HOW USELESS IS THAT !!!

we all have our weaknesses !

Keep at it!

Hahaha.

Looks like I will have to adopt a similar approach if I cant keep my trigger finger in check in the early mornings. lol

What I am trying to work on a great deal on my R:R as I am right more than I'm wrong but don't need the wrong days to bite me to hard as it is very demoralizing

ROOI:nerd:
We miss 100% of the shots we don't take
  • #27
  • Oct 5, 2012 2:13am Oct 5, 2012 2:13am
Long Cable @ 6183

SL 25
Risk 0.25%

ROO:nerd:
We miss 100% of the shots we don't take
  • #28
  • Oct 5, 2012 2:36am Oct 5, 2012 2:36am
Lol !!

opposite trade from me

you should have just handed me you money !!

(only joking)



Quoting Rooi
Long Cable @ 6183

SL 25
Risk 0.25%

ROO:nerd:
  • #29
  • Oct 5, 2012 2:42am Oct 5, 2012 2:42am
Quoting Dayboy001
Lol !!

opposite trade from me

you should have just handed me you money !!

(only joking)

Next time I will put it straight into your paypal account if thats okay with you


ROOI:nerd:
We miss 100% of the shots we don't take
  • #30
  • Oct 5, 2012 2:44am Oct 5, 2012 2:44am
The fights not over yet, I could be putting it in yours !!

Quoting Rooi
Next time I will put it straight into your paypal account if thats okay with you


ROOI:nerd:
  • #31
  • Oct 5, 2012 3:03am Oct 5, 2012 3:03am
Quoting Dayboy001
The fights not over yet, I could be putting it in yours !!
Yip still early days.Lets see what happens.I have been making some and giving it back the whole week.lol

ROOI:nerd:
We miss 100% of the shots we don't take
  • #32
  • Oct 5, 2012 4:14am Oct 5, 2012 4:14am
Quoting Rooi
Long Cable @ 6183

SL 25
Risk 0.25%

ROO:nerd:
2Hr have passed and London still has not made its customary 30-50 pip push.

Not a good sign but will sit tight as this is my last trade before the NFP numbers come out

ROOI:nerd:
We miss 100% of the shots we don't take
  • #33
  • Edited 6:32am Oct 5, 2012 5:06am | Edited 6:32am
Quoting Rooi
Long Cable @ 6183

SL 25
Risk 0.25%

ROO:nerd:
SL to BE as I have people coming to install a new internet line

TP 25(a bit wide for the days range so far.I had a weak entry,right in the middle of the days range.)

Will come analyze mistakes a little later.

GL

Lets see

ROOI:nerd:
We miss 100% of the shots we don't take
  • #34
  • Oct 5, 2012 6:34am Oct 5, 2012 6:34am
Quoting Rooi
SL to BE

ROOI:nerd:
Stopped out at BE.But not worried as my daily analysis was not spot on.

We are just stuck in a range till NFP numbers come out and then we will see if there is any thing on the books for later.

ROOI:nerd:
We miss 100% of the shots we don't take
  • #35
  • Oct 8, 2012 2:05am Oct 8, 2012 2:05am
Long cable.6092

SL 25

ROOI:nerd:
We miss 100% of the shots we don't take
  • #36
  • Oct 8, 2012 2:23am Oct 8, 2012 2:23am
Quoting Rooi
Long cable.6092

SL 25

ROOI:nerd:
that puts stop @ 6067 ??

previous low is 6065 I think there should be strong resistance there !!
  • #37
  • Oct 8, 2012 2:39am Oct 8, 2012 2:39am
Quoting Dayboy001
that puts stop @ 6067 ??

previous low is 6065 I think there should be strong resistance there !!
changed it thanks for the heads up.Lets hope we don't even have to see that far down.lol

Needs to get through 6085 for the long to have a shot

ROOI:nerd:
We miss 100% of the shots we don't take
  • #38
  • Oct 8, 2012 2:44am Oct 8, 2012 2:44am
Lets hope I didn't cost you a few more pips

Quoting Rooi
changed it thanks for the heads up

ROOI:nerd:
  • #39
  • Oct 8, 2012 12:00pm Oct 8, 2012 12:00pm
Quoting Dayboy001
Lets hope I didn't cost you a few more pips
Just arrived back in action. FFS so much that needs to be done as i moved into a new place so have not been at the computer the whole day. Tomorrow will be back in full swing.

Stopped out -28

Need to get my head back in the game!

ROOI:nerd:
We miss 100% of the shots we don't take
  • #40
  • Oct 9, 2012 1:34am Oct 9, 2012 1:34am
Normally I would enter a position just as London opens but as we have Mr Mario Speaking just after the open I will wait till he has concluded.

ROOI:nerd:
We miss 100% of the shots we don't take
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