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An Elegant Equation (Trading Journal)

  • Post #1
  • Quote
  • First Post: Edited Sep 11, 2015 1:08am Sep 10, 2015 11:05pm | Edited Sep 11, 2015 1:08am
Greetings folks. After getting hitched and spending some time getting the home base set up I am finally returning to the factory.
Decided to open up a tiny account to have some fun and share some trades in real time.
I won't be talking about the technicals of my strategy much so please don't ask about it.
Pairs Traded:
EURUSD
GBPUSD
AUDUSD
USDJPY

Timeframe:
Mostly 1 Minute.



Cheers!
Congratulations on getting married, Sis. Looking forward to your journal. Cheers!
You reap what you sow.
Quoting NorthTrader
Congratulations on getting married, Sis. Looking forward to your journal. Cheers!
Thanks buddy! Hopefully Ill be able to share something new and useful
Markets moving slow....

Been holding AUDUSD short for a while now. Looked like some money was coming in the market but it never followed through.

Stop at B/E.. Most likely going to get taken out.
congrats with the journal and subscribed
As Above, So Below
Quoting Sis.yphus
Markets moving slow.... Been holding AUDUSD short for a while now. Looked like some money was coming in the market but it never followed through. Stop at B/E.. Most likely going to get taken out.
hi sisyphus

bravo for the nickname

good luck
Quoting Sis.yphus
Greetings folks. After getting hitched and spending some time getting the home base set up I am finally returning to the factory. Decided to open up a tiny account to have some fun and share some trades in real time. I won't be talking about the technicals of my strategy much so please don't ask about it. Pairs Traded: EURUSD GBPUSD AUDUSD USDJPY Timeframe: Mostly 1 Minute. Cheers!
Good luck Sisyphus :-)
Are those 4 pairs selected due to less spread? Are you trading spreadbet or CFD account?
Quoting tradeforlife
{quote} Good luck Sisyphus :-) Are those 4 pairs selected due to less spread? Are you trading spreadbet or CFD account?
Thanks tradeforlife,

Yes it is because cost of trading them is cheap. I also only like to take one trade at a time. So once a setup appears on one pair I just focus on that one till the trade is over. Then ill look at all 4 again.

Quoting dimdel
{quote} hi sisyphus bravo for the nickname good luck
Hey dimdel!

Thanks for stopping in. Btw I really enjoy your red/green PA thread. Nice simple strategy that follows the laws of motion Keep up the great work!

Quoting tashkent
congrats with the journal and subscribed
Thanks Tash!

Hope all has been well with you!
EURUSD looks like somebody wants to buy it up. Keeping a close watch on it.

Looking for a nice small wave up followed by a slight dip and then a larger second wave.


One thing I can never seem to shake is the feeling of being late on my entry... I know I am not late though cause the real move to catch is a 2nd wave. Even if I completely miss the first wave, there are still pips to be had.
Always nice to see the MA's opening up like so.

Attached Image


Question is how long will they stay open.

Last time MA's opened up in similar manner on EURUSD(roughly a day ago or so).

Attached Image
Price appears to be taking a small breather... I think the first wave me done.
Â
Now lets see if that second wave will follow through. Hopefully sooner than later. Headed to the airport to fly out of town & will be looking to close before I board the plane.
Â
15-20 Pips for the first wave ain't too bad
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 102 KB
Looked like the money was taken off the table so I hopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-09-11 at 11.33.26 AM.png Size: 58 KB

Then jumped back in

Looking to move it to BE so I am risk free before my flight and then what happens happens.
Quoting Sis.yphus
Looked like the money was taken off the table so I hopped out. {image} Then jumped back in Looking to move it to BE so I am risk free before my flight and then what happens happens.
it would be fun to watch your high leveraged trades
As Above, So Below
Wasn't liking the price action before I take off. Closed the trade for a small loss. Was a slow Friday so I'll gladly take my 3.8ish% gain today.
Congrats on getting married. Subscribed. Returning too trading after taking our winter off. Look forward to your trades.
Audentes Fortuna Juvat
Quoting Nijee
Congrats on getting married. Subscribed. Returning too trading after taking our winter off. Look forward to your trades.
Thanks for the kind words Nijee! I hope all has been well on your end too
Been a slow start to the day but finally seeing a little GBPUSD action. Looks like it might really continue to sell off here.
Pretty happy with my entries. Sitting back now Would like to be able to hold these positions all day.
Attached Image


again the mouth of the market looks to be opening up(MAs).

Attached Image
is the elegant equation better than the art of coin tossing ?
  • Post #20
  • Quote
  • Last Post: Sep 15, 2015 1:45pm Sep 15, 2015 1:45pm
Quoting metta87
is the elegant equation better than the art of coin tossing ?
only time can answered that. this system is based strictly on order flow while the coin toss system was based on an actual coin toss at the start of the NY open.
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