FX Trading Journal

dcousins2k4

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after extensive reading of Trader_dante Methods of Trading Pin Bar Setups i will 1st post all my trades (paper) with a short explanation why.
I am doing this with the ultimate aim to trade live.
constructive comments welcome.
dan
 
the cable chart attached is the 1st trade i took according to the rules (will Post later)
a PIN Bar Formed on the hourly chart, which coincided with a 50% Retracement and also a Resistance level.
is i shorted on the break of this pin @ 1.4517 with a s/l at the top of the pin bar @ 1.4606.
i then exited this trade @ the support level 1.4373.
+141
 

Attachments

  • 13.02.09.gif
    13.02.09.gif
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another pin bar setup on EUR/GBP today which i didnt take as work doesnt always permit me too.
(indicated by Arrow)
Pin bar was not violated to the downside thus when the Market broke through a Long order typically would have exceuted with a s/l at the bottom.
there was Previous support and confluence from a 50% fib level.
 

Attachments

  • EURGBP60.csv
    137.9 KB · Views: 374
Can this not be moved to the journal section mods/dcousins?

Good luck with your trading but i'm all pinned out.
 
Hmm not exactly sure, might be one for the mods to do, just keep posting and hopefully someone will shift it over.
 
A pin formed on the hourly chart on USD/CHF, wherein it also met predefined resistance.
Thus with my Signal Confirmed i shorted slighlty below a break of the pin @ 1.1732 with s/l at 1.7790
 

Attachments

  • 17.02.09.gif
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Although i can locate any support on this EUR/USD chart, the price has bounced off the hourly lows and is failing to break this level; thus i will buy if it manages to break this period of congestion to the upside. @ 1.2647.
 

Attachments

  • 17.02.09eurusd.gif
    17.02.09eurusd.gif
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i moved my USD/CHF Stop to BE when the market moved 43pips in my favour as this Market doesnt move much, then got stopped out for +6 , 3 hours later.
 
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