QAM Trading Journal $US1000 to ??? | Page 20 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

Creating my Trading Plan + My Trading Journal 27 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Azzity's Trading Journal III (Azzity's 3/30 Trading Method) 9 replies

Attachments: QAM Trading Journal $US1000 to ???
Exit Attachments

QAM Trading Journal $US1000 to ???

  • #381
  • May 26, 2016 2:25am May 26, 2016 2:25am
EG cycle

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 54 KB


GU cycle

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB


Masterrmind.........
Master your Mind then Master your Trades
  • #382
  • May 26, 2016 3:28pm May 26, 2016 3:28pm
Friday May 27 - Day # 40

Heat Map (myfxbook)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB

News
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 32 KB

Daily gain
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 51 KB

Motivated daily gain is $6.07

Motivated accumulated daily gain is $220.79

Currently US$26.28 behind the motivated accumulated daily gain!

Lets see what the market gives out!

Masterrmind...........
Master your Mind then Master your Trades
  • #383
  • May 26, 2016 5:33pm May 26, 2016 5:33pm
EURGBP - cycle just started via Expert.

EURAUD - manual trades in action.

ps. being a Friday the preference will be to get in and out of trades rather quickly (market willing) to minimize risk!

Masterrmind...........
Master your Mind then Master your Trades
  • #384
  • May 26, 2016 6:10pm May 26, 2016 6:10pm
EURAUD - trade placement

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB


1. Q box generation
2. Entries above DO line
3. TPs below the pivot point and below recent price action levels
4. SLs down very deep but must be monitored

Any sign that price looks to aggressively head bearish should mean exiting the trades swiftly because this pair is volatile and allowing the trades to run down about 100 pips or to actually allow this to occur without taking some 'common sense' type approach would be very foolish indeed!

Recall that the EA pairs ATW trading range is often close to 100 pips so if price was to break out lower it is reasonable to expect another 80 pip drop since price has already made a 20 pip range above the DO line. This does not mean that price won't go far greater than or far less than the 80 - 100 pip range; its simply forming a reasonable expectation of what is likely to occur.

Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #385
  • May 26, 2016 6:32pm May 26, 2016 6:32pm
Quoting Masterrmind
EURAUD - trade placement {image} 1. Q box generation 2. Entries above DO line 3. TPs below the pivot point and below recent price action levels 4. SLs down very deep but must be monitored Any sign that price looks to aggressively head bearish should mean exiting the trades swiftly because this pair is volatile and allowing the trades to run down about 100 pips or to actually allow this to occur without taking some 'common sense' type approach would be very foolish indeed! Recall that the EA pairs ATW trading range is often close to 100 pips so if...
EURAUD - update

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB


Closed out for small but effective profit based on possible hesitation of price to drive higher, possible reversing level to price and slowing of momentum in price to the upside.

Further entries at opportune times can always be taken if desired.

Masterrmind...........
Master your Mind then Master your Trades
  • #386
  • May 26, 2016 6:54pm May 26, 2016 6:54pm
Currently only the EURGBP cycle is active.

2 long trades have been closed out for small profit.

The immediate short term goal for today is to finish at >=20% account growth.

Not very far from achieving that milestone!

Masterrmind..........
Master your Mind then Master your Trades
  • #387
  • May 26, 2016 7:20pm May 26, 2016 7:20pm
Quoting Masterrmind
Currently only the EURGBP cycle is active. 2 long trades have been closed out for small profit. The immediate short term goal for today is to finish at >=20% account growth. Not very far from achieving that milestone! Masterrmind..........
EG cycle

Actually closed out the final 2 longs for a small loss.

Chart structure not looking ideal to keep this cycle running.

Although there was no rush to close out these 2 trades the PA of the pair is almost non-existent with price resting just below the DO line.

This opens up a real possibility for price to drive down lower (not saying it will) which could keep the cycle open for a much longer time which is NOT favorable on a Friday.

Plan for the rest of the day will be to look to take a few FIFO entries manually at opportune times.

ps. Expert Advisor will not be applied to the charts for the rest of today!

Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #388
  • May 26, 2016 7:25pm May 26, 2016 7:25pm
Long EURAUD

ps. intention is to turn a small profit and call it a week at least for the QAM trading method!

Masterrmind.........
Master your Mind then Master your Trades
  • #389
  • May 26, 2016 7:44pm May 26, 2016 7:44pm
Quoting Masterrmind
Long EURAUD ps. intention is to turn a small profit and call it a week at least for the QAM trading method! Masterrmind.........
EURAUD - update

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB


All 4 longs now closed out for small but effective profit.

......... 20% account growth achieved .........

ps. highly unlikely that any further trades will be placed today (but you never know).

Masterrmind............
Master your Mind then Master your Trades
  • #390
  • May 26, 2016 11:01pm May 26, 2016 11:01pm
FIFO approach worked pretty well indeed.
EURAUD is heading nowhere at the moment.
Congratulations on achieving 20% The last one was short lived but that's because you had to close some loosing trades.
We can say that your equity curve made higher high, clearly in an uptrend
I'm +1 pip from 2 days, closed a trade in BE before the news, turned down to my target. Better then a loss
Have a nice day
  • #391
  • May 26, 2016 11:09pm May 26, 2016 11:09pm
Quoting Shuael
FIFO approach worked pretty well indeed. EURAUD is heading nowhere at the moment. Congratulations on achieving 20% The last one was short lived but that's because you had to close some loosing trades. We can say that your equity curve made higher high, clearly in an uptrend I'm +1 pip from 2 days, closed a trade in BE before the news, turned down to my target. Better then a loss Have a nice day
Thanks for the comments Shuael its appreciated.

I particularly like your comments about the equity curve making higher highs as in an uptrend ... nice!

Next milestone will be 50%.

Have a great weekend when you finally get there!

ps. I'm off to trade the London session soon followed by a look at the NY session trading other techniques ........

Masterrmind..........
Master your Mind then Master your Trades
  • #392
  • May 26, 2016 11:17pm May 26, 2016 11:17pm
End of ATW session for Friday (end of Day #40)

Cycles taken on EA and EG

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB


12 trades

10 winners
2 losses

Daily $gain obtained was US$5.71 < motivated Daily $gain (US$6.07)

Net daily% gain was + 0.48%

Masterrmind............
Master your Mind then Master your Trades
  • #393
  • May 27, 2016 2:08am May 27, 2016 2:08am
20% WD..... keep up good work ,helping newbies, et al , to understand d/d and patience to find deals .... AND position sizing ... etc etc etc
  • #394
  • May 27, 2016 4:58am May 27, 2016 4:58am
Quoting starpro
20% WD..... keep up good work ,helping newbies, et al , to understand d/d and patience to find deals .... AND position sizing ... etc etc etc
I think it will help not only the newbies but most traders.

Thanks again starpro ........ onward and upward!

Masterrmind.........
Master your Mind then Master your Trades
  • #395
  • May 28, 2016 11:32pm May 28, 2016 11:32pm
Excel completed and stops assigned for the coming week!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 40 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 26 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB


Masterrmind........ :nerd:
Master your Mind then Master your Trades
  • #396
  • May 29, 2016 5:04pm May 29, 2016 5:04pm
Monday May 30 - Day # 41

Heat Map (myfxbook)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB

News
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 45 KB

Daily gain
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 55 KB

Motivated daily gain is $6.10

Motivated accumulated daily gain is $226.90

Currently US$26.68 behind the motivated accumulated daily gain!

Lets see what the market gives out!

Masterrmind...........
Master your Mind then Master your Trades
  • #397
  • May 29, 2016 9:33pm May 29, 2016 9:33pm
EA - manual longs by 2

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB


Closed out in profit at the midR level and could have allowed the trades to run higher up closer to TPs but being a Monday and time getting away from me decided to take the profit that the market offered.

The 2 blue parallel lines form part of an ABCD pattern in combination with the DO line, Fibs etc which is price action trading!

Note: the original TPs were set just below recent PA but moved up later once price started to head into profitable territory.

Masterrmind...........
Master your Mind then Master your Trades
  • #398
  • May 29, 2016 9:36pm May 29, 2016 9:36pm
@Masterrmind our trading accounts look fairly similar!
militarymonk
  • #399
  • May 29, 2016 9:59pm May 29, 2016 9:59pm
Quoting militarymonk
@Masterrmind our trading accounts look fairly similar!
Yes the returns are similar but obviously you are trading a different style to QAM.

Keep it going and I wish you well on reaching your goals.

ps. very nice to see a live account linked to a TE .... that's the right way to show your trading .......

Good trading,

Masterrmind...........
Master your Mind then Master your Trades
  • #400
  • May 29, 2016 11:01pm May 29, 2016 11:01pm
End of ATW session for Monday (end of Day #41)

2 long trades taken on EURAUD pair

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


2 trades

2 winners
NO losses

Daily $gain obtained was US$4.03 < motivated Daily $gain (US$6.10)

Net daily% gain was + 0.33%

Masterrmind............
Master your Mind then Master your Trades
0 traders viewing now