My Journal- NIC

My Journal- NIC

I decided to open this journal as a spot for me to interact as I wish and freely about any trading subjects or styles that I use in my trading accounts where I would display couple of smaller ones as a full transparent explore accounts like I have in the past. This would also be a place for me to stay touch with my fellow followers, colleagues, friends and newcomers to exchange ideas, analysis, sentiments and an overall fun comfortable place to be especially during trading hours.

A little about me.. I started out my trading career active in the stock market trading stocks then moved to other markets and now mostly active in currency market and blue chip stock holdings as a long term retirement plan. I made my bones with scalping strategies to build reasonable starting capitol to move on to longer term trading styles. I can best describe myself as a short term to midterm trader as my trade duration could vary from an hour to a few days and hardly over a week. My analysis takes place from 1hr tf and up and never lower. I monitor 24 currency pairs for full sessions of European & U.S . My main indicator is the “Price” itself.. attention to Price movement to gauge its current condition for a profit by recognizing the most fit probable trade. I perceive the market from many different angles, technical to fundamentals/Macroeconomics as a cornerstone and etc,. I believe a trader should be versatile and aware of most factors, especially in the currency market where everything that happens in this wide world is one-way or other connected to Money. Of course managing risk and trading plans are essential and they all go hand in hand.

I would treat this place also as my weekly blog where I would talk about my week of trading and other factors/aspects perhaps over the weekends.

Anyways, I welcome all to join to talk a good Charts, Economics, Politics and mostly Trades or anything related in any way to our line of profession of Trading. Your wisdom, sharing and overall useful participation is very much welcomed.



Regards,

AUD/CAD short..

I took this short at pullback based on short term bearish trend since a week ago as the way i see it for possible continuation or at least a test of LL 9825 area..

overall i look for Aud to weaken which i will end up with more trades.. remains to be seen.

NZD/UDS short..

I reco this pair doing sideways for time being and would be good time to play side to side till breaks off one way or other. I look for minimum 50 pips.. will see

Hi FXE, I just bookmarked your journal.. glad your back. I'm still scalping. And still believe that the MACD histo 6,14,0 is one of the best indi's out there.
happy trading.

Hi Sparrow, good to see you here.. 6,14 is magical, lol.

glad to have you around more often.

forgot to book my third trade of the week..

GBP/CHF long..

W +77..

L -14.. kept this trade around for about 24hrs.. this one struggled to break lose for bearish strength for the time table i as looking for and instead it turned around for some loss.. as a failed trade I looked for survival of least damage and won that war fortunately.. so in my book this is as good as a win trade.
key point.. managing risk, recognizing a failed trade and accepting a reasonable loss instead of full loss or disaster.

Just seen this now for the first time - It appears to have already died?????

interesting thread..

5 min nz.. jy.. short at rectangle.. bit of yr stuff bit of my own..

short this 2.. 5 mi ozzzzzzzzzzzzzzzzzzzzzzzzzzzz