Thx's Trading Journal

Hi, I think maybe this is the time for me to start my own journal here, hopefully forcing myself to post in a public forum will help me with keeping track of my trades, this is something that has been lacking since the very first time, and to analyze trades that I take for future reference.

Any feedback is always appreciated.

Thx

Still doing a lot of testing/experiment and backtesting, hopefully to find some edge that i can hold.
For many reason "mean reversion" concept seems fit my personality.

My Current Setup ;
1. EMA 408, close, >>>>>>> This will act as the Mean.
2. Multiple EMA Envelope 408, close, with Deviation : 0.15, 0.3, 0.6, 0.9 >> as Reversion point.
3. TF M5/M1/30 Range Bar (as alternative)

There's some puzzle that i still can't come up with a satisfying answer :
1. Stop Loss Placement
2. Wait for confirmation (bigger stop, more accurate) or not (smaller stop, less accurate and prone to losing streak)
Plus my own psychological problem ; cut profit short, let the loss run ...

a lot of homework indeed ...

30/04/2014

Today's Bias :

GBPAUD & EURJPY

damn that's so dark !!!!

poor eyes, i really feel sorry for them

GU, trading experiment based on new approach, ... still trying to find my way in this trading world ...

Even though this news http://www.bloomberg.com/news/2014-0...ufactuing.html
make me a bit nervous ...

GU, Missed by a pip from the first limit ...

Waiting, GU to find new demand @ 1.71080 - 1.70851 or break south to 1.70636 ...

Interesting levels on EJ, 138.097 ; 137.960, will see how price react on this two level before pulling the trigger ...

Nice Journal Thx. A great way to help you stay focused away from the general threads.

Short EA, it looks like HnS structure to me ...

Hi Chris, Thanks for stopping by ...

Oh my ... My Stops just missed by a pip ... already closed one of my sell position, and set the other one to BE ...

EA Sell, very risky trade, because strong upward momentum ...

AJ Buy Area, ... probably

Still waiting to see if the selling pressure getting weaker when it touched 137.960, ...

SL moved to 1.71516 (+4 pip), If this GU short trade survive, my min target is around 1.7070 / my max target is around 1.6980 i think ...

Edit :
a) After looking @ 4H chart GU Uptrend structure, i think the best possible target/TP is around 4H major S/R flip, which is ; 1.69589 and 1.67488.
b) 1.71703 and 1.71985 for possible Re-entry if my SL hit ...

NU,

a) been thinking to sell at open market tomorrow, as long as price does not break upper blue box, ... targeting lower blue box.
b) Two yellow lines => potential turning point ...

EU, ... probable scenario A, B, C and D ...

CJ, ...

EJ, ... I think it's going to break south ??? ...

AU, ...