exactly ... pay attention to ryan ... i think about trend reversals sometimes like trying to turn the Queen Mary ... the market may have turned the wheel, but that doesn't mean you are instantly going in the opposite direction.

james16 Chart Thread

order entry — attach all order tickets to my posts to help prevent further operator error.:nerd:

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

note to self: im on serious tilt ... proceed w/ caution ...

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

EURCHF monday trade — 1st criteria = close beyond 25% is shy 2 pips (t/f 3rd criteria should be met) ... & also must be w/in range of the "proxy" right eye (see 3/18/08) ... 2nd criteria = open beyond 50% is met 3rd criteria = shy by 10 pips ...

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

TSL on remaining papertrades from margin called pairs trades — EURAUD ... TSL moved to 8503 on remaining 1% (less the spread) GBPJPY ... TSL moved to 17892 on remaining 1% (less 15 pip spread) NZDUSD ... TSL moved to 6434 on remaining 1% (less ...

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

IB trailing stops — EURAUD ... TSL moved to 8527 (less oanda's ridiculous 17 pip spread) NZDUSD ... TSL moved to 6426 (less oanda's ridiculous 15 pip spread) EURGBP ... TSL moved to 7769 (less 4 pip spread) GBPCHF ... no change

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

monday watchlist — EURCHF ... interesting proxy bullish PB, check for s/r & other criteria GBPCHF ... bullish PB that doesn't meet my criteria, but bodes well for my long IB trade (re-check this at 2pm) EURAUD ... long ... presently going thru ...

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

monday pairs overview — EURUSD ... short, no tradeable PA GBPUSD ... ditto EURGBP ... still short & in this off the IB USDCHF ... long, no tradeable PA EURCHF ... interesting proxy bullish PB, check for s/r & other criteria GBPCHF ... bullish ...

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

on a brighter note ... — my IB trades in the subaccount are still in tact (despite the fact there was the same entry for the EURAUD reverse trade for the 1:1 order). update: NZDUSD ... 1:1 profit taken on 1%; 1% trailing EURGBP ... still ...

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

boy did i blow it ... — somewhere during my order entry, i incorrectly entered the lots on the EURAUD trade as 30000 ... im pretty sure this was the default setting & forgot to override it w/ the specific units i wanted to trade for this ...

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

NZDUSD orders triggered — 1:1 orders set on both

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

USDJPY update — my trade has finally turned the corner. order set for initial 1:1 target on 1% at 9997.

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

GBPJPY triggered — price broker 18400 & order was triggered. however, i modified the SL to 18895 (percentage of the range of the proxy double bottom). that range is also used to set the 1:1 target on the 1st 1%.

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

EURAUD triggered — 1:1 set at 8319

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

oh ya, good luck to me

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

AUDUSD ... — missed the IB on this one for same reason as AUDJPY ... bummer since it came 2 pips from the initial 1:1 on what would have been the 1st 1%. the long ordered is canceled. note: not entering orders on friday or at least on the open ...

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

NZDUSD ... IB — canceled long & went short entry 6537; SL 6696; no time stop

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

NZDUSD sunday — entry 6529; SL 6764; time stop

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

EURAUD IB correction — had a quick dog emergency so missed the entry by a few pips & ended up placing a market order so in around 7943 ... probably should have played the retrace, but oh well. 1:1 order entered at 8250

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

EURAUD sunday — going to roll w/ it. entry 7952; SL 7584; time stop NY lunch also going to play the IB long in the subaccount. entry will be 7943; SL 7635; no time stop

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