Short GBP/AUD 1.6040, 35 pip stop.

Mr Breakout (Day) Trading Journal

Out at 1.3355, 25 pip loss. Again, making money in this crazy Forex (or Futures, Stock, Bond) business is all about managing our losses, I cannot stress that point enough. Never let ANY freaking losing trade get out of hand. Newcomers and beginners, ...

Mr Breakout (Day) Trading Journal

So let me get this straight : EUR/USD is not moving, USD/CAD is not moving, and yet EUR/CAD somehow gathered enough buying power to move up almost 50 pips (so far) during the Asian session. Ah, the mysteries of the Forex market...

Mr Breakout (Day) Trading Journal

And speaking of Canadian dollar, notice the (potential) breakout in progress from a Head and Shoulders formation (15-min)...

Mr Breakout (Day) Trading Journal

Short USD/CAD 1.3330, 25 pip stop.

Mr Breakout (Day) Trading Journal

Out at 1.6020, +30 pips.

Mr Breakout (Day) Trading Journal

Jokes aside, I am still not sure what's moving the EUR/CAD up, however. And believe me, the Canadian dollar is extremely hard to move during the Asian session. But who cares.

Mr Breakout (Day) Trading Journal

Out at break-even. Didn't I tell you that the market makers would mess things up?

Mr Breakout (Day) Trading Journal

Moving stop to break-even.

Mr Breakout (Day) Trading Journal

Less than 45 minutes to Reserve Bank of Australia March Rate Meeting Minutes (8:30 PM EST), hope it moves that lazy mule...

Mr Breakout (Day) Trading Journal

Long GBP/AUD 1.5990, 30 pip stop.

Mr Breakout (Day) Trading Journal

+25 pips, moving stop to break-even.

Mr Breakout (Day) Trading Journal

Now of course the market makers are going to read the preceding post and say : "Oh yeah?" and then they will mess things up, watch Remember, they are seeing that breakout too...

Mr Breakout (Day) Trading Journal

From a chart pattern point of view we have a potential breakout from a trendline on the EUR/CAD (5-min). Test of the breakout line (blue line) has also been completed.

Mr Breakout (Day) Trading Journal

Oops, I forgot to post this: Trading results for week ending March 17, 2017: 03/12 Long CHF/JPY 113.73, 25 pip stop: +10 pips 03/13 Short GBP/AUD 1.6102, 35 pip stop: -35 pips 03/13 Short GBP/AUD 1.6120, 30 pip stop: Break-even 03/13 Short EUR/NZD ...

Mr Breakout (Day) Trading Journal

Short EUR/CAD 1.4343, 30 pip stop.

Mr Breakout (Day) Trading Journal

No problem James, I will keep you posted and keep this thread as informative as possible. In the meantime have a great weekend fellow Forex traders, wherever you are. video For those of you wondering, that's the fantastic "Last Waltz" ...

Mr Breakout (Day) Trading Journal

The trading results for this week will be posted soon. Next week I will be following/trading a new system that I have been developing with a friend of mine, a Forex trader like me. This new trading system delivers superior trading results.

Mr Breakout (Day) Trading Journal

Out at 139.60, +5 pips.

Mr Breakout (Day) Trading Journal

Short GBP/JPY 139.65, 30 pip stop.

Mr Breakout (Day) Trading Journal