Starting now i'll be posting my daily observances and will probably stop posting my past trades. I found myself adding "trading to impress" to the list of things that would lead me to a faulty call. Rather than attempting to conquer it, it would be ...

GLJ

Today is a good example of why i started this journal. Today was clearly a down day, all the signs were there. Overall we were in the high portion of our channel and i've been waiting for this move down to happen. Unfortunately i didn't enter it. ...

GLJ

Todays Trades — image

GLJ

image image image Once i'm over this silly cold i hope to be back in regular trading form.

GLJ

Well if you have this understanding then you must have created a system on some level. The real question is what specifically do you feel your current system is lacking that would take you to the next level?

Developing a system

missed — image I didn't mention it earlier but i'm unsure of the general direction of the market currently so i've adapted my trading style to fit my current outlook.

GLJ

Latest trades. — image image

GLJ

Trade of the day — +21 pips image image image

GLJ

What i do. 1st Try to figure out market direction. Whats it looks like on the daily? Are we high or low on the curve? Any important news releases recently? If there were, what exactly transpired? Any important news releases coming up? What do the ...

GLJ

EU and AU — Yesterdays trades. image image

GLJ

Many factors effect the bottom line in trading. Is your entry and exit plan profitable on average? Is your entry and exit easily identifiable? How often do you can you execute the plan correctly? Lets say your plan is to risk 1:1 with a 80% success ...

GLJ

All depends on the type of system you share. If your system is buy on Tuesday at 11:57 pm and sell on friday at 9:59 am and your getting 30% a month on average then i suggest you keep that to yourself. On the other hand if your system requires user ...

why do people share profitable systems?

Back to where i began — Personal obligations have just increased 3 fold so i won't have time to do the other pairs. So for now i'll just continue with the Eur/Usd as i was doing originally and sometime in the future i plan to continue on with ...

GLJ

EU 1h — Boxes show rejection. Slanted lines show following moves from a possible half retrace entry. Straight lines show possible exits. image image image

GLJ

EU 4h — Pretty ain't it image

GLJ

So now its time for some speculation. I'm going to test a simple idea and see what i can learn from it. I will test on the following pairs; Eur/Usd 130.0 Aud/Usd 122.5 Eur/Jpy 120.0 Usd/Chf 98.5 Gbp/Usd 115.5 Chf/Jpy 109.0 Did a quick analysis and ...

GLJ

Your charts scare me, when i look at them i feel like i'd need a specialized degree to interpret them. If your makin it work then keep at it!

VennD - Any Pairs - Any Style - Any Time

That was surprising! Thanks for the compliment, I hope eventually to get to a point where i can create a process to help people attain there goals.

GLJ

image So thats 79 pips from the 1st chart and 52 pips on the second chart for a total of 131 pips. Is this possible in real time? Maybe. Depends on the individual. I set the grey lines a while back so this isn't me fitting them to look good on the ...

GLJ

A simple approach at 100 pips a month. image

GLJ