1. I've only been trading for a few months so I can't say I'm good at any currency pair. 2. The purpose of this journal is to test out different techniques within a system. Basically I'm a trend trader. But I need to test out certain things to ...

100 Trades Analysis

i treat a trend like a b*tch that it is...I will take advantage of every trade opportunity it presents me until it can't give out trades anymore..

Is The Trend Really Your Friend?

when was the last time you see a pair reversed completely after a nice trend???!? it's goin into a range most likely..don't blow off your account

GBPUSD

HAHHA..oooh shit son

GBPUSD

Well, we are at our 50th trade. Wow...looking back it's almost been a month since I started this thread. I think the most rewarding experience is to be able to follow my plan word per word. And it feels good. Forget the pips, I think gaining self ...

100 Trades Analysis

image Trade #50 USDCAD Percent risk: 2%

100 Trades Analysis

well i did the averages every 20 trades. Look back into this thread and you'll find it. The average R is the average p/l ratio...

100 Trades Analysis

Trade #42 EUROAUD Stopped @ 1.6874 Net pips: -77 pips R: -0.48 Trade #45 USDCHF Stopped @ 1.1965 Net pips: -42 pips R: -0.60 So far, 5 losses in a row...this calls for DISCIPLINE MAN!

100 Trades Analysis

Updates of S/L's on open positions image

100 Trades Analysis

you're trading with fear man...that's a no no

what would you do?

so what are you suggesting? just focus on the majors? or when I opened a short on gbpusd, not to open long usdchf... See the thing is, market condition changes. Pairs that are ranging now, can turn into trends next week. and in terms of correlation, ...

100 Trades Analysis

But you also said..and i quote "I prefer to rely on my own tools rather than others. If your signals make money for you, you do not really sell them for a few dollars to others. You either trade them and enjoy or if you want to share them with ...

How much do You Pay for a Winner System

i read few chapeters from teh japanese candlestick book by nison..I never finished it since the book was overdue here's my thought on it. I think candlesticks is the best way to gauge prices. All the rules that you see with pinbars apply to the ...

Need advice from those who've read Nison

Call me crazy, but I'm seeing a head-shoulder pattern on the GBPCHF daily after I shorted it. Maybe this short will reach 2.3400?!? We'll see how this pattern works out...

100 Trades Analysis

Percent Return vs. Pips One thing I realized as I am trading is that, pips gain or loss doesn't tell the whole story about a system or the trader. The one thing that really matters is the equity return over time. You can easily have many losses, ...

100 Trades Analysis

New trades opened image Trade #47 EUROGBP Percent risk: 2% Trade #48 GBPCHF Percent risk: 2% Trade #49 EUROCHF Percent risk: 1%

100 Trades Analysis

Trade #43 CHFJPY Stopped @ 96.40 Net pips: -29 pips R: -0.53 Trade #44 EUROUSD Stopped @ 1.3291 Net pips: -52 pips R: -0.57 Trade # 46 EUROCHF Stopped @ 1.5879 Net pips: -42 pips R: -1.00 Losses....you gotta love em'

100 Trades Analysis

First, updates of S/L of open positions image

100 Trades Analysis

nothing is more valuable in terms of education than experience

Advise

i caused it, I shorted usdjpy yesterday..the end

What sparked today's (12/5) JPY strength ?