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Attachments: My journal based on TMS
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My journal based on TMS

  • Post #1
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  • First Post: Sep 1, 2013 5:38am Sep 1, 2013 5:38am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
hello guys,
welcome to the new month. i am new to trading and have read some stuff. i got fascinated with the trading made simple thread. tried my shot at it and was not successful all the time. went to the cave and again studied. now i am here to trade the method again.
i will be trading the h4 timeframe.....here i will be posting each trade and why i took it. gonna record it here for future analysis...
Come tomorrow, I'll wake up new
  • Post #2
  • Quote
  • Sep 2, 2013 3:51am Sep 2, 2013 3:51am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
Trade 1

USD/jpy

Reasons for trade:

  1. The general trend was up.
  2. TDI cross confirmed the PA.
  3. The price was at the weekly pivot point and found resistance.

I forgot that i had set my default take profit to 20 pips. missed a big opportunity on this one.

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Come tomorrow, I'll wake up new
 
 
  • Post #3
  • Quote
  • Sep 2, 2013 4:00am Sep 2, 2013 4:00am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
Trade 2

NZD/USD

Reasons for trade:

  1. Despite the trend was down there was strong support.
  2. TDI cross confirmed the PA.
  3. Strong monthly support level which the price failed to pierce

still in this trade with some pips in profit. will be looking at the signals from the h4 candles for exit.

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Come tomorrow, I'll wake up new
 
 
  • Post #4
  • Quote
  • Sep 2, 2013 4:15am Sep 2, 2013 4:15am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
Closed the second trade as well with 30 pips in pocket.
the exit signal was the tdi line changing the angle
Come tomorrow, I'll wake up new
 
 
  • Post #5
  • Quote
  • Sep 3, 2013 2:20am Sep 3, 2013 2:20am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
trade 3

EUR/NZD

reasons for trade

  1. The overall trend is down
  2. TDI cross the sell signal
  3. The price is below the PAC

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Come tomorrow, I'll wake up new
 
 
  • Post #6
  • Quote
  • Last Post: Sep 3, 2013 9:05am Sep 3, 2013 9:05am
  •  gsbharaj
  • | Joined Jun 2013 | Status: Trading as a Hobby | 504 Posts
gonna put my trading on hold as i seriously lack some aspects. the above trade ended at loss as i sold the pair at support. dumbass
Come tomorrow, I'll wake up new
 
 
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