3 Ducks Demo journal

This is a discussion on 3 Ducks Demo journal within the Trading Journals forums, part of the New Traders category; Ok yesterday was an excellent day. We had 2 winners and one loser with one trade still open through a ...

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Old Dec 15, 2011, 2:49am   #9
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mentormeplease started this thread Ok yesterday was an excellent day. We had 2 winners and one loser with one trade still open through a miscalculation on my part. I had placed my tp buy order on the EURGBP at slightly more than 2:1 R:R which means my order was not filled and it would have been had I calculated correctly. Lesson to be learnt, double check calculations before placing orders. So lets move on.

Yesterdays summary:
Losing trade = 17 pips (-$170)
Winning trades = 123 pips (+$1238)
Yesterdays total = +106 pips (+$1066)

You will notice from the attached statement that the trades all had a 2:1 R:R.

I started with $5000 in the demo account and made some arb trades before starting with the 3 ducks in a row strategy. The balance was then on $4998.

Balance after yesterdays trades (Excluding open trade) = $ 6066
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Old Dec 15, 2011, 2:54am   #10
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mentormeplease started this thread The pairs that I'm looking at show no definite setups at the moment. Will continue monitoring them during the day for any signals.
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Old Dec 15, 2011, 3:11am   #11
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mentormeplease started this thread Signal for EURGBP but I'm already in a trade in this pair so will not add to the position.
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Last edited by mentormeplease; Dec 15, 2011 at 3:12am. Reason: Add chart
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Old Dec 15, 2011, 4:20am   #12
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mentormeplease started this thread EURGBP target reached.
Profit = 29 pips ($461)
Balance = $6526
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Old Dec 15, 2011, 4:21am   #13
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mentormeplease started this thread USDCAD seems to be lining up
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Old Dec 15, 2011, 4:32am   #14
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mentormeplease started this thread USDCAD order placed. "Set and forget"
Open: 1.0394
S/L: 1.0373
T/P: 1.0436
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Last edited by mentormeplease; Dec 15, 2011 at 4:38am. Reason: Added order parameters
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Old Dec 15, 2011, 4:44am   #15
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mentormeplease started this thread Order filled. Looking for 42 pips with 21 pip risk.
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Old Dec 15, 2011, 5:40am   #16
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mentormeplease started this thread Stopped out for $203 loss
Balance $6323
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