Rooi's 2015 trading journal

Just a place for me to post what I'm working on.Feel free to jump in and comment or whatever JUST PLEASE SHOW RESPECT TO ALL

2015 brings its new challenges for us all.For me it working on my 1hr strategy and longer term views of currencies as well as learning to code the mql4 language.

I WISH YOU ALL A GREAT YEAR

Rooi

(All trades on here are demo till otherwise stated,I do trade live with my other system everyday http://www.forexfactory.com/showthread.php?t=507837 )

Outlook for the week 05 Jan -> 09 Jan

USD - Bullish

USD is kicking ass and making new highs with so retraces.Until we see a significant shift or major major Resistance level focus is on longs


EUR - Bearish

EUR is still grinding lower and nothing giving us any reason just yet to look for long al though we are seeing some support forming


GBP - Bullish

GBP strong but number stagnating and will keep our long bias here but its subject to change


CAD - Neutral

Will look at how the news and talk around the CAD forms

AUD - Bearish

AUD is bearish but we are at significant support for this currency so keeping a close eye


NZD - Neutral

NZD is neutral IMHO for this week but will update long term views on it as the week progresses

Trades preferences for the week 05 Jan -> 09 Jan

EU - Short
GU - Short
AU - Short but careful
NU - Short
UC - Long
EG - Short
AN - Short

Currently holding the following although I dont like holding it over the weekend

News has always been one of the things that can frustrate me when trading longer TF.


Today and tomorrow don't seem to heavy

Will be weary to open new trades on new pairs today and tomorrow but if the opportunity truly presents itself then I can look at it bearing in mind the news

Nice picture of Sisyph)
Have a great trading year too!!

Hi Machinator

Thanks for popping by and all the best for your trading

Rooi

Short NU

Added another position

First trade didn't retrace to the 50 % so need to make a note to keep an eye on this.

Signal was good so all good

Rooi

More of the same.Short of 50fib

Single position entered

Rooi

Flat now NU .Have to be able to close out in a loss and not panic as well.

In no hurry to get back in this week unless we see some really nice levels and deep retraces

Rooi

Rapping up the system for the week with a 0.1% increase .Will write review and trade plan for next week over the weekend .

NFP today so staying out of everything unless there is an super amazing oppertunity but I doubt it..

Rooi

Got a +9 after my signal but didn't want to hold over the weekend.Will definitely look for bigger profits from next week where some nice signals should setup


TE now green for the week.


Rooi

Round up of the weeks trading

EU-Short

Dead on.My signal was the highest point of the week.Rally happy with it.Trust the signal in strong trending market



GU - Short

No signal but we saw a move lower


AU - Short but careful
No run away move high but definitely caution was important.
1st trade worked for a pop but nothing serious .
2nd trade to close to the market close


NU - Shorts didnt play so well
3 trades that worked ok

UC - Long

Played well.2 Signals on the money


EG - Short

No signal for the whole week.

AN - Short

1 Signal 1 winner



Nice week.Nothing that we were not prepared for.Need to capitalize more in the coming week

Rooi

New account high after a little DD

Here is statement and traders for the week so far to follow

Some pips.In future must start thinking of min distance before TP

Rapping up the week as I am not in the mood

System did well so far for the year and will continue bearing in mind that the the system uses an inverse Risk : Reward

Will write full report over the weekend

Rooi