Journal of a Newbie

Hi all,

Hmmm, well this is my first journal here. To be honest, i've trade for 2 years and i havent get any progress since then.

But i hope, this journal will accelerate my learning progress.



FYI, I mark highest and lowest price level, to project price movement range. And i mainly use Bollinger Band and Moving Average as my analysis tools, to project the trend and determine where will the price go.

For each trade, my target are 5 pips and i use no SL; my equity can survive up to 100 pips movement.

The red lines, indicate highest price level that hasn't break yet. Where the green lines, indicate lowest price level that haven't break yet.

I did sell, when i see 4H MA is pointing down.

Another sell, on different pair,

Another sell positions, around nearest high on EURUSD pair. I wonder, why were my positions always sell?

Still, Another Sell,

no more trade on news,

Try to sell GJ - New York Session, right under SMA 24 on TF 1H. The reason is.... hhmmmm

Sell again, EU - Aussie Session

Finally, a BUY!!

EU - Europe Session

Sideways? hmmmm...

AU - Tokyo & Sydney Season

Trapping..

trapping delete, not hitted,

Sell on EU, a few minutes ago

Red Straight Line: Resistance
Lime Straight Line: Support

Curvy Line:
Magenta: Weekly SMA
Lime: Daily SMA
Brown: 8H SMA
Blue: SMA of 4 period

Pair: EU

Same as before, still with EU

sideway? i hope so.. still at EU

Another buy @ EU - Asia Aussie Season

sorry to ask, but aren't your charts a bit crowded?

Risk and Reward ratio seems not balance. More risk for low rewards? Better change to other system i guess. Just my 2cent.

doesnt important

i know, i'm planning on not using SL/cut loss at all. What i try to manage is entry position, that's all... And since my target is 5 pip or less, i think it sill make sense.