OYE, King Dollar Journal

After many weeks of vacation in beautiful Palolem / Goa; I am back in action.


Initial Deposit: $500 - bank commissions

- Goal 1: $2000 (10-14 days)
- Goal 2: $6000 (???)
- Goal 3: $12000 (???)


Analysis:
W1 / D1 / H4


Action:
H4 / H1 / M15 / M5


Trading Style:
Trend Following ► ► ► Scalp / Price Action / News Trade / (Turtle Trader)
Trend ► K I N G $ $ $


Instruments:
short term trades mostly: USD/JPY, GBP/JPY, GBP/USD, EUR/USD
occasionally: AUD/JPY, CAD/JPY, CHF/JPY, NZD/JPY


longer term trades: EUR/NZD, EUR/AUD, EUR/TRY, USD/TRY, EUR/ZAR, GBP/ZAR
sometimes: USD/SEK, USD/DKK, USD/NOK


and maybe if I see good opportunity XAU/USD, XAG/USD


R:R > 1:3


Template:
no cluster, no indicators, pure action
http://www.forexfactory.com/showthread.php?p=7986523

Now live!

on going EUR/USD trade.

closed all E/U shorts before news

Rule for 2015:
Long USD
Short EUR
Short JPY
Short TRY
Short ZAR
Short AUD

Active Demo Account:

$500
1:400

manual trade
very high risk
very high usage of leverage (+1:350 used at all times)
%100 in the trade

First two trades:

0.80 lots - E/U short
0.80 lots - E/J short
___________

+$151.97

if this triangle breaks, the account will be closed

having said that:
confirmed counter-trend day

1 minute reversal,
the account will hopefully live

talked too early,
bear trap...?

breakout

RSI bounce back from 70 @ 1min

128.745 needs to be broken,
and if so I'm out of the trade.

Bad entry, but I will hold until SL or TP is hit.

Short entry @RSI oversold.

1H is short.
4H is short.
1D is short.

closed all apart from 1.2 lot short.

set SL at 128.800,
set TP at 128.330,
will leave now as it is.