Trade #21 — Long Silver @ 18104.Jumped the gun by 5 minutes! Lot 1:SL=17852; Lot 2 & 3:SL=17752 Targets Lot 1:Will adjust SL to breakeven only. Lot 2:Will adjust SL to +40. Lot 3: Will adjust SL every 40 pips.

Doji Star Journal

Amen to that, Fxtrader! I hope we get there soon. When the day job gets a little too much to bear, I always think to myself :"I won't need you in a few years time!"It perks me up. Kind of keeps one motivated. My daughter actually did! ...

Doji Star Journal

Trade #21 — Long forming on Silver 1hr chart. Candle closes in 21 minutes.Will wait and see. The very long tail on the previous candle (hanging man I think it is or is it a hammer) gives a good indication of where price wants to go. Strong ...

Doji Star Journal

working full-time — Thanks Fxtrader. I'd love to trade full-time, but I need to be realistic. My account is currently too small. Still working full-time.

Doji Star Journal

Trade #20 — My locking in 55 pips counted for nothing. In the end I got +37 pips instead of the 55 I was willing to settle for.Apparently the price can fall through your stop!! If it doesn't hit the exact price of your Stop Loss it could fall ...

Doji Star Journal

Open trade #20 — I opened a trade this morning,bought Silver off the 1hr chart, but couldn't post it what with work and other personal commitments. Sorry about that. Promised my wife I wouldn't tell anyone why I didn't post this trade. I ...

Doji Star Journal

Abandoned baby — The abandoned baby is a derivative of the morning/evening star patterns. I'm not as well-versed as hussin, but I found this answer to your question. FOR EXAMPLE:IN MORNING STAR abandoned baby=A strong down-trend has been in ...

Daily candle chart

Silver update — Maybe I can exploit the fact that Silver has only reached the Fib Expansion 78.6 with the 100.0 Fib Expansion (which should've been my original target) 265 pips away. I'm actually expecting a gap opening for Monday morning just ...

Doji Star Journal

Trade #18 and Trade #19 — Helluva lot of whipsaw action today!! NFP came in very weak and it seemed for all money that the Euro and Pound and of course Gold and Silver would gain, but they all suffered big drops before consolidating.Just ...

Doji Star Journal

Trade #19 — Long Silver @ 17475.

Doji Star Journal

Trade #18 — Left GU long in favour of EU long. Odds favour EU over GU in backtesting.Aiming for 100 pips, will settle for 50. Fib Expansion and DeMark targets =1.5858 which is also the 26 March high (which is 130 pips away). Stop Loss = 80 ...

Doji Star Journal

Trade #18 — Long EU @ 1.5727

Doji Star Journal

EU and GU — EU 4hr and GU 4hr:Looking to go long once this candle closes in five minutes time.

Doji Star Journal

Silver 4hr — Silver's price has broken a short-term upper trendline that has been forming since the correction started. Two pin bars (a-la James 16) confirm bulish bias.The FE 100 target (a-laDazFX) is 18180, some 700 pips away. No signal for ...

Doji Star Journal

Hi dhalsim, Thanks for the kind words, but the hundreds of pips is only due to Silver's volatility, not necessarily my trading acumen. Still have a lot to work on. Big news out today in NFP. Spreads will likely be that much higher on my platform, so ...

Doji Star Journal

Looks like I had the right idea, went the right way, but my stop loss was 200 pips short!! That tail that took me out, was 192 pips long!! Volatile times indeed!

Doji Star Journal

You're right dhalsim. Thanks for the encouragement.

Doji Star Journal

Trade #17 — Stop Loss hit for loss of -187 pips.At one stage it was up 56 pips.Had I locked in profit every 40 like I normally do, could've been another story. After a good finish to last month, down 203 pips thus far for April.

Doji Star Journal

Trade #17 — Have to be very watchful of ADP news in 2hrs 30 minutes. Targeting 90 pips at Fib Expansion 50.0= 17193

Doji Star Journal

Trade #17 — Silver 1hr chart. Candle closing in 6 minutes. Classic 1-2-3 swing trade forming.Bullish engulfment serves as confirmation. Any close above 17096 (previous high point) will see me go long.If it closes below this it will negate the ...

Doji Star Journal