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Venice replied Jul 26, 2010Oye... the trading gods just do not want to give a break lately do they... hehe.
EURUSD
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Venice replied Jul 22, 2010I have 2 denial tails at the 50% retracement point. Watching PA for next move... half hour chart bias is short. Looking to go short @ 86.923... this is 61.8% retracement (adjusted fib to the recent drop off), as well as an old support level. Looking ...
Venice's Trading Journal
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Venice replied Jul 22, 2010Analysis... don't set BE stop when you are within 6-7 pips over profit. I just gave up around 30 or so pips because of it. I did a good job of reacting to the change in PA, however, because of my consistent losses I have had lately, I have instead ...
Venice's Trading Journal
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Venice replied Jul 22, 2010Waiting on 1 hour chart EMA cross over before attempting re-entry..., otherwise resume uptrend.
Venice's Trading Journal
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Venice replied Jul 22, 2010Monitoring Trade — USD/JPY watching. Has been ranging in Fib levels... EMA Cross over to top side... Still maintaining trend from earlier after a correction from the trend breakout. --7:30PM Looking for long entry around 87.75. Reason: 50% ...
Venice's Trading Journal
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Venice replied Jul 22, 20102850 seems to be a rather favorable pull back position right now...
EURUSD
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Venice replied Jul 22, 2010And this is why I need a journal... I don't remember why I thought it was a good idea to enter with this target.
EURUSD
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Venice replied Jul 22, 2010I agree with this completely. As I mentioned earlier I have started a trading journal... and before any trade I make I am going to answer three questions... Why are you entering this trade? What is your target? What is your risk?
EURUSD
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Venice replied Jul 22, 2010I believe I am making it far harder then it needs to be at this point in time... may just be a phase I need to go through.
EURUSD
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Venice replied Jul 22, 2010This is why a defined stop loss at a turning point of a trend is critical before ever entering a trade.
EURUSD
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Venice replied Jul 22, 2010I agree with this statement completely. We are our biggest enemy here... Trading and price action can be your best friend... provided you know how to talk to each other... obviously something I do not know how to do
lol I am also currently doing ...EURUSD
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Venice replied Jul 22, 2010This is what I am failing at right now... heh. Don't have a big enough account to only risk 2%... Time to stay in Demo... I must admit, I have been developing a really neat skill as of late, and it has been to get into the market at the exact wrong ...
EURUSD
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Venice's Trading Journal
Started Jul 22, 2010|Trading Journals|5 replies
Hey all, needed a place to log my trades and see what I was thinking at the time a trade was ...
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Venice replied Jul 22, 2010Heavy Resistance and psychological resistance at 1.29... Plus this is 50% retracement on hourly chart. Watch price action closely to determine our direction...
EURUSD