YB Trading Journal

I decided to start a trading journal to help me stick to my plans/anticipation. Also to help me learn from my mistakes and improve. I would not advise anyone to copy my trades.
I am a purely technical trader. I study the charts on the weekend and place pending orders when the market opens. Not to say that I don't use market orders either.

I will post some charts and my views on some pairs in a bit.

CAD/CHF-

EUR/CHF -

Very tempting to go long , but will wait for now...

AUD/USD-

Apart from the blue and red buy and sell areas...I put a sell @1.0270 looking for a wick off daily 21, also would make a 4th daily lower high...

Aussie sell triggered @ 1.0270....off to work now...

I think my entry could have been better...nearer D21...but with my current entry i'll have to wait a little before putting it to B/E.

USD/CAD-

Been playing longs since the 0.9850s, and will UNTIL 1.0650 then will look for reversals....

This latest one is in drawdown, i took it at the close of the daily candle with the arrow, basis was a weekly trendline break, retest and move away, also a TC.

General Negatives...it has moved up quite a bit and looks due for a little pullback. Perhaps i could have waited for a TC closer to MACD 0 line, also when price nearer 21...but in my defense weekly line break trumps all this in my book, and the fact that price is reacting and kinda respecting it, to me means it is a valid line. Todays candle will be important. Will be it break south and close below? OR will it be nice and bullish, which of course is what i want.

loss for about 20 pips, glad i got out when i did...

CAD/CHF-

Closed my short from last week...almost 90 pips....This area now i am looking for a bounce but no position yet

UPDATE: Going to stay out for now..feel it will range from 0.9240-0.9200 for a few hours, at least till i am back from work in 10...we shall see

Well i finally put it to B/E, after it went in my favour over 100 pips and back again lol....why didn't i lock in 50 pips at least? Maybe i was asleep at the time...

NOTE: No more letting profits slip away, getting better over the years but its still frustrating when it happens like this.

If it takes out my stop and it reaches 1.4210, i may look to short there..

My usd/cad long was stopped out. As was my aud/usd from 1.0340.
Even though, ended the week slightly on top due to a gbp/chf short to end the week.
This pair looks very interesting to me right now. will post my plan for other pairs in a bit.

Lucky...gap down gave me profits, and took a bit on the way up as well.

GBP/CHF- Got in short at top of channel, better price than i thought i'd get..so now to B/E...But i would be very surprised if i dont get taken out by the end of the day..looks like it wants to break north...

Thankfully my eurchf buy from 1.2260 didnt get stopped from the weekend gap...and i eventually closed it for a 13 pip loss...i reversed the trade so i am in a sell now...a bit impulsive maybe...and i may pay the price...expecting to see a couple of bearish 15 min candles ...we shall see..can easily reverse on me fast

To break even...targeting 1.2190, chances will be alot better with hourly close below daily pivot, also like the shape formed by last 5 4hr candles...calling it a night.

target reached.......but without me....i put it to BE before going to bed and got taken out...shame really but thats trading

2 trades yesterday, 2 more breakevens...could have taken at least 20-30 off the table.
cad/chf, i expected it to break previous low but it bounced instead.
Still can't be disapointed. I started the week with good profit, and my goal after that was to keep it.

lets see happens

Failed trade. If i was awake and saw the price action, i definately would have cut it short....look at that nice bullish engulfing off the brown and red trendline. That would have been the breaker for me.

Despite my aussie failures, (which i want to have a closer look at when i get a chance) the week ended good. Three gbp/jpy shorts and a usdcad long to close out.