yup. stopped out at 2570. but i netted a 1.9% gain on the trade so i am definitely pleased w/ the result.

go live or bust ... diary of an fx live-trader-wannabe

SL was moved to 1/2 risk, then b/e and now to 2570 since price has now tested support at 2561. think it's heading at least to yesterday's low at 2545, but got to workout so just going to move my TSL as per the plan & hope for the best (or better). ...

go live or bust ... diary of an fx live-trader-wannabe

1st 5 min trade for the day = scratch. just took another s/r trade from 2590 so we'll see how that goes. been doing some watching/trading of tick charts. very interesting to say the least.

go live or bust ... diary of an fx live-trader-wannabe

usual start to the week i suppose. took another trade at a pullback, but it didn't get very far b/f it ran up & stopped me out. loss. better luck tomorrow. too late & too tired.

go live or bust ... diary of an fx live-trader-wannabe

another b/e. pin bar w/ the trend at a pullback. MA's crossed indicating a potential reversal during my trade so i bailed. price ended up shooting down after i bailed ... no kidding. of course it did. not following my rules for trailing stops has ...

go live or bust ... diary of an fx live-trader-wannabe

took another one instead. so far i've trailed stop to b/e.

go live or bust ... diary of an fx live-trader-wannabe

didn't get a chance to move my S/L to b/e, but i did set a trailing stop of 20 pips & got stopped out at 2566 for a tidy 2.2% gain. missed an entry off the bounce of the support turned resistance area that i originally got into, but would have ...

go live or bust ... diary of an fx live-trader-wannabe

entered another s/r trade after the other got stopped out at b/e. so far stop has been trailed to reduce risk in half. hoping to trail the balance to b/e for a free trade. entered on my 1st goals account. details: entry 2590; initial S/L 2610; 1st ...

go live or bust ... diary of an fx live-trader-wannabe

took the re-test i talked about (timed nicely w/ an IB) ... stopped out at break even. stop was a bit too tight i think. a little latitude put me in profit & i would have been able to trail to b/e.

go live or bust ... diary of an fx live-trader-wannabe

1st trade of the week. TL break. 0.7% loss. thinking about possibly playing these after the re-test instead of straight of the break. that way, if price goes shooting on by, i can still play a potential pullback later on up the trade. also, a ...

go live or bust ... diary of an fx live-trader-wannabe

this was above my "reading comprehension" so-to-speak (in other words, i aint too bright) ... but found this article which put things much more succinctly for dummies like me. url

go live or bust ... diary of an fx live-trader-wannabe

weekly net 6.4% gain. nice recovery after last week. im approx. 4.4% up since i got back from vacation. im up 27% since the 1st of the year. wow. (and i took 5 weeks off for a vacation ... ) next week, adding a little pure s/r trading using ...

go live or bust ... diary of an fx live-trader-wannabe

i never listen ... 0.9% on a pullback (it was even one of those, 1-2-3 things) after whatever news made the thing shoot up at 7am. just as i was logging the details of the trade i looked up & saw i was up 10 pips up. instead of messing w/ it, i just ...

go live or bust ... diary of an fx live-trader-wannabe

i dont know what possessed me to be up this early or worse ... to think it was a good idea to trade NY on friday, but here i am anyway. oh boy. 1st trade taken was a loss. not too bright using same SL i would use during asian overlap during this ...

go live or bust ... diary of an fx live-trader-wannabe

last trade for the nite. hammer at the pullback. easy stuff. bullish engulfing pattern formed during the trade & the price jumped off that to nearly 1:1 on my risk. stalled at the TDTL & a round number (2740) so i bailed w/ my 0.6% (also b/c my ...

go live or bust ... diary of an fx live-trader-wannabe

taking it nice & easy today. using displaced MA's took a doji w/ the trend following a crossover that had not run up yet (so didn't have to worry about retracing against me). kept a really tight stop (about 4 pips) after my entry. price ran up to ...

go live or bust ... diary of an fx live-trader-wannabe

6 papertrades & 2 on my demo account. 1 hit b/e, 1 for 0.7% gain.

go live or bust ... diary of an fx live-trader-wannabe

that's probably it for me for the day. ended the day on a positive ... not by much, but a positive just the same.

go live or bust ... diary of an fx live-trader-wannabe

goofy. the last 5 trades taken (win/lose) at 1%, resulted in almost the same ending balance as had i taken the same trades at 2% ... (actuallly, a few pennies more using 2%) ... shrug. go figure.

go live or bust ... diary of an fx live-trader-wannabe

trend trade. 1% risk. 0.6% gain. standard stuff.

go live or bust ... diary of an fx live-trader-wannabe