unfortunately, for my pathetic little account -- using 2% risk --- is .2 units on a 10000 pip SL which i can't do b/c oanda only permits whole number units ... so, i would have to increase my risk to 10% (rounding up to 1) ... earning $1.80 on a 1:1 ...

james16 Chart Thread

and only 250-500 pip spread ...

james16 Chart Thread

EURCHF prelondon update — 1:1 hit on 1% ...

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

TSL update — GBPUSD: TSL moved to breakeven (a little cautious due to the fact that price responded so clearly to the support level at 7049) EURCHF: TSL moved to breakeven (also a little cautious, but price closed only 4 pips from where i ...

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

CADJPY thursday — i have no data beyond 2006. i am not familiar w/ the location of this PA pattern. seems to have lots of momentum to the downside tho. papertrade entry 8608; SL 9108; time stop

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

CHFJPY thursday — resistance to the upside, but too much in its way to the downside too. i've had good & bad results w/ this pair. final decision = papertrade. entry 8750; SL 9050; time stop

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

GBPJPY thursday — entry is 16900 which is after support level at 16909; next support is 16540 which puts price past an area where TSL could be moved to 1st TP level. price has room to run in spurts. bears are strong & momentum behind them at ...

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

EURUSD thursday — going to papertrade this as a breakout short. range will be the top & bottom of the pennant. the reason is a major level of support at 3359-3263 that has created bullish price action in the past. entry 3399; SL 3828; time stop

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

thursday IB's — so i don't mess up & forget some: USDCHF: IB; bullish sentiment USDJPY: IB; bearish sentiment AUDJPY: IB; bearish sentiment AUDUSD: IB; bearish sentiment EURAUD: IB; bullish sentiment

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

thursday watchlist — EURUSD: perfect flag/pennant; 4 rising tops & 4 rising bottoms; last bar in the shape of a bearish pin bar. demark supply line at 13444; bearish sentiment too ... hmmm USDCHF: IB; bullish sentiment USDJPY: IB; bearish ...

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

thursday morning scramble — overslept ... here's the rundown: EURUSD: perfect flag/pennant; 4 rising tops & 4 rising bottoms; last bar in the shape of a bearish pin bar. demark supply line at 13444; bearish sentiment too ... hmmm GBPUSD: ...

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

GBPUSD triggered — where did this stall? 7049 ... im probably going to set TSL to reduce risk to 1/2 & take another shot at this busting thru it.

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

EURGBP papertrade — time stop hit b/f price reached 7967

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

USDCHF — time stop hit.

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

final post on NZDUSD (margin called trade) — TSL hit

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

TSL hit. no IB's left open. still up for the week on this one. next!

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

make that "trades left are" ... EURJPY. no worries

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

pre-london IB update — my subaccount is up another 1.5% ... im good trades left are NZDUSD & EURJPY

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

NZDUSD update on remaining margin called trade — TSL moved to 6176 (i concede im being a little bit more liberal) ... 353 pips locked in on remaining 1% ... groan.

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

NZDUSD no trade — closing price was simply too far down for this t/b viable.

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