Tues update: Both positions are alive and well no changes to stops or targets. No new positions.

My Trading Journey thus Far

Back again... OK well I don't take trades on Fridays BUT many reversals are setting up on the charts: I'm going to bend the rules and either live or die by the sword with this trade. Test16: NZDUSD SELL. It's right up against structure, a hangman ...

My Trading Journey thus Far

Friday update: Test 14 Completed: A win with a twist. + 125 pips. This is where the market can really play with your emotions. This is also where back testing and paper trading also fail !! Bad fills.... For my purposes of validating a strategy and ...

My Trading Journey thus Far

Test 14: Price missed my entry by 1 pip last night. I will leave the order open for today in the anticipation that the market may come back down and trigger the order. Test 15: This was taken yesterday but not recorded. It is more of a trend ...

My Trading Journey thus Far

Test 14: AUDNZD BUY. Aggressive entry: Buy on limit @ 1.3370 Stop 1.3280 TGT 1.3495. Chart below:

My Trading Journey thus Far

Wed morning update: Test11 failed Loss 66 pips. Test12 failed Loss 103pips. Test 13. Shutdown this morning at BE. ( A draw ) Note: Test 13 shut down against my rules, but a higher high and higher close is a ominous warning of things to come. I need ...

My Trading Journey thus Far

Tuesday morning: Update, rally's have stalled overnight. All 3 positions are open no changes to the orders.

My Trading Journey thus Far

Monday Morning. Well analyzing the charts all weekend all one can see is some massive rally's well under way. This makes things very hard for a Contrarian and counter trend trader like myself. When will they end ? When is the pullback going to come ...

My Trading Journey thus Far

Friday and end of Month. Test 10 Loss -220 pips. March Results 10 trades 5 wins 4 loss 1 draw. Pips+ 842, pips- 455 Net +387. Ciao

My Trading Journey thus Far

TEST10 about 10 pips away from Failure. AUDUSD has posted 9 consecutive daily gains. Volatility has dropped right away. You can see that the selling pressure is really mounting as it grinds slowly higher. The pair will now surely keep climbing until ...

My Trading Journey thus Far

Update: TEST10 is traveling in the wrong direction. Price has just made a new high and it looks like the trade is not going to work out. It's now posted 8 consecutive green Daily candles and is still overbought so a pull back is still a high ...

My Trading Journey thus Far

Monday Morning: TEST9 USDSGD buy was stopped out at a -39pips LOSS. Have a feeling it will probably rally now but I'm not going to chase trades. I have a new setup for this week. TEST10 AUDUSD SELL. Posted a new high Friday but did not break above, ...

My Trading Journey thus Far

TGIF UPDATES: TEST 5: EURGBP sell ended as a scratch trade. Had I followed my rules and not made a mistake this trade would have netted a 60pip profit. Instead price went parabolic the other way and hit my stop at BE for 0 pips minus roll ...

My Trading Journey thus Far

Test9: BUY USDSGD : entry 1.2635 stop 1.2583 TGT 1.2760. RR>2:1 Note: Success against these heavily trending pairs is not very good but this one is at a stage with great ratio support. Looks a short term bottom on many scales. Chart below.

My Trading Journey thus Far

Anybody here trade while taking care of a baby? Very challenging... It's taken me over 3 hours just to browse through the daily charts.... OK update: Test5 still going. I actually made an error with this trade. I should have taken partial profit ...

My Trading Journey thus Far

All my above trades are doing ok. EUR/AUD has hit TP1. I'm taking a new trade today. Test8. GBP/CAD sell. Price is up in the resistance zone at a 707 fib a nice sell setup with RSI overbought with divergence. You could also call this a triple top ...

My Trading Journey thus Far

A couple of trades I put on this morning. Both setups are excellent and within my trading plan. Charts with stops and Tp below: TEST5 EURGBP SELL. TEST 7 EURAUD SELL. TEST6: CADCHF BUY, 9150 entry 8965stop 9335TGT. ( my broker doesnt support this ...

My Trading Journey thus Far

Test4 failed -79 pips. These markets are pretty crazy at the moment and probably best to stay out. But this is my strategy testing moment so a crazy market is good for the experiment and I'm only using 1 nano lot so losses are miniscule. Also ...

My Trading Journey thus Far

TEST3 Failed. LOSS -117 pips I have decided to change my trading plan a little by deleting the must buy on green and sell on red clause. All other conditions must be met and my CTS score needs to give a valid trading opportunity. As I said last post ...

My Trading Journey thus Far

Tuesday morning 11.00am melb time. A flick through the charts reveals that almost all pairs reversed their Friday closing position. Also some big pullbacks in the Yen pairs. The GBP is showing strength against all pairs. " Treading where the ...

My Trading Journey thus Far