Spongebob's VS GBP/JPY Journal

#1,041
Dec 27, 2015 4:43pm Dec 27, 2015 4:43pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Good morning guys..new weekly candlestick..pending orders time..good luck

Attached Image

#1,042
Dec 28, 2015 4:19pm Dec 28, 2015 4:19pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Exit sell 182.28 for +309

Attached Image

#1,043
Jan 3, 2016 4:27pm Jan 3, 2016 4:27pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Good morning guys..new weekly candlestick..pending orders time..good luck

Attached Image

#1,044
Jan 3, 2016 10:49pm Jan 3, 2016 10:49pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Exit sell 179.21 (+300) and 180.62 (+443)

Attached Image

#1,045
Jan 5, 2016 3:30am Jan 5, 2016 3:30am

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Exit sell 177.10 for +215

Attached Image

#1,046
Jan 5, 2016 11:35am Jan 5, 2016 11:35am

tashkent
Joined Oct 2011 | Status: quo | 4,193 Posts

dude... what did go wrong? were you just "hiding" the losses with hedge and martingale or is there something else?
sorry for the bleeding te. this was years of work.

As Above, So Below

#1,047
Jan 6, 2016 12:28am Jan 6, 2016 12:28am

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

hi tashkent,
2 things i can think of...first i should stop on december...2nd if i want to continue i should change the volume..my bad..lesson learned...okay try new setup same rules..if i have time to deposit money this week...

Edited: but i believe it is more to MM should stick to volume 0.02 till it hit usd400 - 500..oh well next time...back to volume 0.01

Attached Image

#1,048
Jan 6, 2016 9:47pm Jan 6, 2016 9:47pm

yonnie
Joined May 2008 | Status: Trader | 1,158 Posts

had the impression that too many shorts were closed out making the buy/sell position very unbalanced.

good luck with your new effort.

#1,049
Jan 7, 2016 4:17pm Jan 7, 2016 4:17pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Quoting yonnie

Disliked

had the impression that too many shorts were closed out making the buy/sell position very unbalanced. good luck with your new effort.

Ignored

thanks yonnie...

#1,050
Edited Jan 8, 2016 12:22am Jan 7, 2016 11:00pm | Edited Jan 8, 2016 12:22am

yonnie
Joined May 2008 | Status: Trader | 1,158 Posts

you have a lot of experience with this way of trading and I wonder if this idea might be better than entering once a week.

we connect the highs and we connect the lows to form a channel.
we buy at the bottom of the channel, close out at the top of the channel and go short from there.

in your opinion, would this be a better way of trading?

#1,051
Jan 10, 2016 4:19pm Jan 10, 2016 4:19pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Good morning guys..new weekly candlestick..pending orders time..good luck

Rules will stay the same...the only thing that i will change is the volume..start off with 0.01 max i will go is 0.02 till price/equity hit usd300-500 i will up the volume..

Attached Image

#1,052
Jan 10, 2016 4:22pm Jan 10, 2016 4:22pm

microsuck_36
Joined Jan 2008 | Status: Worst trader in the world | 1,531 Posts

Quoting yonnie

Disliked

you have a lot of experience with this way of trading and I wonder if this idea might be better than entering once a week. we connect the highs and we connect the lows to form a channel. we buy at the bottom of the channel, close out at the top of the channel and go short from there. in your opinion, would this be a better way of trading?

Ignored

Hi yonnie,
sorry for late reply..i not so sure bout that..it might work/can u show me the screenshot (i think i know what u talking bout but need some visual 2 see it clearly)...anyway i like current rules very easy/not complex and i don't have to monitor the chart all the time plus i wanna stick the original rules and see how far it can go...thanks for the input thou..

#1,053
Jan 17, 2016 4:20pm Jan 17, 2016 4:20pm