The MJBARR Trading Journal

Pairs: Any except exotics (spread usually too high)
Broker: I use forex.com
Timeframe: Usually daily charts except news releases (15 minute chart for news releases such as NFP)

Strategy:
Sort of naked trading but also news scalping.

Philosophy:
Insiders already have the data, most news releases are factored into price already. News releases can sometimes be predicted by looking at PA.

Indicators:
None. PA only. Sometimes use fibo but usually SR and candlestick patterns.

Trading from:
Boston, MA
USA

NZDUSD Daily Chart

http://i.imgur.com/Mi3jR1p.png

Starting to form bull candlestick. Deep lower wick. RBNZ reports released tonight at 5 PM EST. Setting alarm for 4:30. Will watch PA closely as reports come out. Looking to open long position.

Good RBNZ report + poor NFP last week = potentially good for pair

NZD buy stop triggered, closed position after 30 pips profit (was noticing signs of exhaustion). Only traded 0.2 since I'm new to this but that was about ~$60 profit for me. Now I'll go buy some Newports and Heineken to celebrate.

It's now up about 65 pips ($130 or so for me)... could have stayed in longer. But hey I made money. No regrets.

Bearish engulfing on USD/CAD daily chart.

Closed USD/CAD short position, 52.3 pips profit.