Currency trading on D1 time frame

trader_d · Jun 22, 2012, 12:13am

Quote:

Originally Posted by trader_d

Hi

positions status are

(T06181) buy limit eurusd @ 1.2629, s/l: 1.2531, t/p: 1.2932 (0.25 x MR)
activated, right now @ 1.2675

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
not activated yet, audusd moved higher but I didn't change trade entry level

Trade well

Hi

positions status are

(T06181) buy limit eurusd @ 1.2629, s/l: 1.2531, t/p: 1.2932 (0.25 x MR)
stopped

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
not activated yet

Trade well

trader_d · Jun 24, 2012, 6:35pm

Quote:

Originally Posted by trader_d

Hi

positions status are

(T06181) buy limit eurusd @ 1.2629, s/l: 1.2531, t/p: 1.2932 (0.25 x MR)
stopped

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
not activated yet

Trade well

hi

my "buy limit audusd @ 1.0023" position activated on Friday and is still open. No trade for euro today. Direction is not clear for me.

Trade well

ESrat · Jun 24, 2012, 8:33pm

Quote:

Originally Posted by trader_d

hi,
a D1 trade is a trade taken on a Daily time frame, i.e. at the end of Forex trading day (roughly 5pm NY time) I analyse the market and open a position, could be a pending order. I do not change the position until next day.

What I meant in previous post is that this journal is not suitable for high frequency trading. If you take frequent positions in a day (like day trading) I prefer you post them in another journal.

Thanks and trade well

I admire those that can swing successfully off the dailies.

Good trading, and thanks for the reply.

I will respect your wishes.

watertank · Jun 25, 2012, 5:24am

One of my trading rules is that after open a trade, you must set a stop loss, and you should not manage it within 2 - 5 days, because you should give it a opportunity to vibrate and let it moves in any particular direction.

trader_d · Jul 1, 2012, 10:44pm

Hi

my "buy limit audusd" is still open. I added another buy limit order on the same pair. Still no trade for eurusd. position status are

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
right now @ 1.0217, stop moved to 1.0023 (b/e)

(T07021) buy limit audusd @ 1.0115, s/l: 0.9985, t/p: 1.0440 (0.25 x MR)
just placed

Trade well

trader_d · Jul 3, 2012, 10:36pm

Quote:

Originally Posted by trader_d

Hi

my "buy limit audusd" is still open. I added another buy limit order on the same pair. Still no trade for eurusd. position status are

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
right now @ 1.0217, stop moved to 1.0023 (b/e)

(T07021) buy limit audusd @ 1.0115, s/l: 0.9985, t/p: 1.0440 (0.25 x MR)
just placed

Trade well

Hi,
position status are

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
target hit

(T07021) buy limit audusd @ 1.0115, s/l: 0.9985, t/p: 1.0440 (0.25 x MR)
deleted and replaced by T07031

(T07031) buy limit audusd @ 1.0184, s/l: 1.0085, t/p: 1.0536 (0.25 x MR)
just placed

Trade well

trader_d · Jul 8, 2012, 10:05pm

Quote:

Originally Posted by trader_d

Hi,
position status are

(T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR)
target hit

(T07021) buy limit audusd @ 1.0115, s/l: 0.9985, t/p: 1.0440 (0.25 x MR)
deleted and replaced by T07031

(T07031) buy limit audusd @ 1.0184, s/l: 1.0085, t/p: 1.0536 (0.25 x MR)
just placed

Trade well

Hi,

Euro is going down again, I placed a sell limit order trying to catch some points. These are positions status:

(T07031) buy limit audusd @ 1.0184, s/l: 1.0085, t/p: 1.0536 (0.25 x MR)
activated on last Friday, right now @ 1.0209

(T07091) sell limit eurusd @ 1.2332, s/l: 1.2415, t/p: 1.2167 (0.25 x MR)
just placed

Trade well

trader_d · Jul 15, 2012, 9:29pm

Quote:

Originally Posted by trader_d

Hi,

Euro is going down again, I placed a sell limit order trying to catch some points. These are positions status:

(T07031) buy limit audusd @ 1.0184, s/l: 1.0085, t/p: 1.0536 (0.25 x MR)
activated on last Friday, right now @ 1.0209

(T07091) sell limit eurusd @ 1.2332, s/l: 1.2415, t/p: 1.2167 (0.25 x MR)
just placed

Trade well

Hi,

just a quick update:

(T07031) buy limit audusd @ 1.0184, s/l: 1.0085, t/p: 1.0536 (0.25 x MR)
still open, right now @ 1.0224

(T07091) sell limit eurusd @ 1.2332, s/l: 1.2415, t/p: 1.2167 (0.25 x MR)
activated on 10-July, hit t/p on 13-July

no new position

Trade well

Jun 25, 2012, 5:24am	#532
watertank Rookie Member Member Since Jun 2012 14 Posts	Re: Currency trading on D1 time frame One of my trading rules is that after open a trade, you must set a stop loss, and you should not manage it within 2 - 5 days, because you should give it a opportunity to vibrate and let it moves in any particular direction.

Jul 1, 2012, 10:44pm	#533
trader_d Senior Member Member Since Aug 2010 455 Posts	Re: Currency trading on D1 time frame Hi my "buy limit audusd" is still open. I added another buy limit order on the same pair. Still no trade for eurusd. position status are (T06182) buy limit audusd @ 1.0023, s/l: 0.9911, t/p: 1.0290 (0.25 x MR) right now @ 1.0217, stop moved to 1.0023 (b/e) (T07021) buy limit audusd @ 1.0115, s/l: 0.9985, t/p: 1.0440 (0.25 x MR) just placed Trade well Attached Thumbnails

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Getting a Life ... Position Trading the higher Time Frame	Ingot54	Forex	47	Sep 18, 2010 10:17am
Time Frame Trading, Multi-Timeframe	ULTIMATEONE	Spread Betting & CFDs	3	Jul 8, 2010 5:07am
What’s Trading time frame?	Markmuffin	First Steps	4	Oct 20, 2009 6:00pm
The Two Time-Frame MA Trading System	TheBuyerAndSeller	Discretionary Trading	5	Feb 22, 2009 1:48pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)