I am creating this trading journal to document my trades, why I make and hopefully learn from my mistakes and increase my winning trade ratio.
I am calling this my "go big or go home" journal because I will be using high leverage to attempt to build my account balance quickly. I will be tracking my progress using MyFXBook.com and will post captures of it here from time to time to show my progress.
I will be posting my observances of what I think may be to come, where I plan to enter and exit a trade as well as my trading outcomes as they occur.
My trade entries and exits will be based on price action, 15 period MA, MACD & Stochastics.
I will be using the weekly, daily and 4H charts to help determine general direction and I will attempt to trade within that direction or pullbacks within that direction, using the 1H, 30Min, 15Min & 5 Min charts.
Below is a shot from MyFXBook showing what the account looks like at the start of this journey. Will continue to update as I progress.
I am calling this my "go big or go home" journal because I will be using high leverage to attempt to build my account balance quickly. I will be tracking my progress using MyFXBook.com and will post captures of it here from time to time to show my progress.
I will be posting my observances of what I think may be to come, where I plan to enter and exit a trade as well as my trading outcomes as they occur.
My trade entries and exits will be based on price action, 15 period MA, MACD & Stochastics.
I will be using the weekly, daily and 4H charts to help determine general direction and I will attempt to trade within that direction or pullbacks within that direction, using the 1H, 30Min, 15Min & 5 Min charts.
Below is a shot from MyFXBook showing what the account looks like at the start of this journey. Will continue to update as I progress.