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jwpdad's Journal

  • #81
  • Mar 13, 2013 10:38pm Mar 13, 2013 10:38pm
Quoting jwpdad
Sell GBPUSD @1.4918, SL 35, TP 125
SL Hit, -37 Net
  • #82
  • Mar 14, 2013 2:30am Mar 14, 2013 2:30am
Buy USDJPY @96.14, SL 30, TP 100
  • #83
  • Mar 14, 2013 5:45am Mar 14, 2013 5:45am
Quoting jwpdad
Buy USDJPY @96.14, SL 30, TP 100
Exit @96.33, +15 Net
  • #84
  • Mar 14, 2013 5:49am Mar 14, 2013 5:49am
Quoting jwpdad
Exit @96.33, +15 Net
This was the 20th trade in the series of 20, series was profitable.
  • #85
  • Edited 10:02am Mar 14, 2013 8:48am | Edited 10:02am
Buy GBPJPY @144.20, SL 33, TP 157

First trade in new series of 20 trades.
  • #86
  • Mar 14, 2013 8:55am Mar 14, 2013 8:55am
Quoting jwpdad
This was the 20th trade in the series of 20, series was profitable.
That's great, man. Congrats and keep it up!
check out my blog: forexmademillionaire dot com
  • #87
  • Mar 14, 2013 9:00am Mar 14, 2013 9:00am
Quoting Geppy
That's great, man. Congrats and keep it up!
Thanks, and in your honor now I have a GBPJPY trade on, hope the long is correct!
  • #88
  • Edited 10:35am Mar 14, 2013 9:13am | Edited 10:35am
Quoting jwpdad
This was the 20th trade in the series of 20, series was profitable.
The first trade in this series was my first live trade post in this journal of the USDCAD long on 2/22/13, and the last one was today's USDJPY long.

11 wins, 9 losses, average win 50 pips, average loss 29 pips. One was supposed to be a breakeven, actually took a small loss. Also one other trade in the series should not have been taken, it was a loss, but if I had taken the correct one after that it also would have lost so no impact on the results. Also missed one 70 pip short, ended up taking 2 trades that day which broke even. So still looking for that full level of discipline to achieve at the highest level, we're human so things happen. I entered my current trade on GBPJPY correctly at Oanda on my trade explorer displayed here, but at one of my other brokers I clicked "sell" instead of "buy," ARGHHH!!! Lost about 10 pips, closed and then entered long on the other platform, hope it works out.
  • #89
  • Mar 14, 2013 11:41am Mar 14, 2013 11:41am
Quoting jwpdad
Thanks, and in your honor now I have a GBPJPY trade on, hope the long is correct!
Thank you, sir. Looking good so far
check out my blog: forexmademillionaire dot com
  • #90
  • Mar 14, 2013 12:47pm Mar 14, 2013 12:47pm
Quoting jwpdad
Buy GBPJPY @144.20, SL 33, TP 157
Exit @144.85, +62 Net
  • #91
  • Mar 15, 2013 4:25am Mar 15, 2013 4:25am
Buy EURAUD @1.2568, SL 30, TP 100
  • #92
  • Mar 15, 2013 7:54am Mar 15, 2013 7:54am
Quoting jwpdad
Buy EURAUD @1.2568, SL 30, TP 100
Exit @1.2586, +15 net
  • #93
  • Mar 15, 2013 7:56am Mar 15, 2013 7:56am
Quoting jwpdad
Exit @1.2586, +15 net
Got an exit signal so trade was closed properly, but right after closing price shot up 30 pips, oh well, that's the way it goes, we can't be in the business of fortune telling unfortunately.
  • #94
  • Mar 15, 2013 10:34am Mar 15, 2013 10:34am
Quoting jwpdad
Got an exit signal so trade was closed properly, but right after closing price shot up 30 pips, oh well, that's the way it goes, we can't be in the business of fortune telling unfortunately.
Ended with another good week, although could have been better as I missed a good GJ short today. Discipline in trading takes many forms, including getting proper rest and staying alert. That can be a challenge if you live in the US and want to trade London session, but my trades taken during early London session have for the most part been good so it is worth it. Now I am going to try to work on discipline in all areas of my life, including increased productivity at work and better quality family life as well as disciplined trading. I know success is right in front of my face, I just have to grab it and do what it takes to get over the hump. I will try to report honestly how things are going, good or bad.

Everyone have a good weekend.
  • #95
  • Mar 18, 2013 7:17am Mar 18, 2013 7:17am
Buy USDJPY @95.14, SL 30, TP 100
  • #96
  • Mar 18, 2013 8:26am Mar 18, 2013 8:26am
Quoting jwpdad
Buy USDJPY @95.14, SL 30, TP 100
SL Hit -32 Net
  • #97
  • Mar 18, 2013 8:31am Mar 18, 2013 8:31am
Sell EURAUD @1.2440, SL 30, TP 100
  • #98
  • Mar 18, 2013 9:17am Mar 18, 2013 9:17am
Quoting jwpdad
Sell EURAUD @1.2440, SL 30, TP 100
SL Hit -34 Net
  • #99
  • Mar 18, 2013 10:06am Mar 18, 2013 10:06am
Done for the day, negative day today, in hindsight (always 20/20) probably should have stayed out of the markets today because of the big weekend gap which skewed the position of the price relative to the Ichimoku cloud. Trades were technically correct otherwise, try again tomorrow.
  • #100
  • Mar 19, 2013 4:25am Mar 19, 2013 4:25am
Sell EURJPY 123.38, SL 30, TP 142
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