My Eur/Jpy Trade journal

This is a discussion on My Eur/Jpy Trade journal within the Trading Journals forums, part of the Reception category; Originally Posted by Mr Woozel The latest you could have escaped with 1 pip loss was about 2.5 hours ago. ...

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Old May 22, 2012, 3:26pm   #46
Joined Apr 2012
Re: My Eur/Jpy Trade journal

ndnole started this thread
Quote:
Originally Posted by Mr Woozel View Post
The latest you could have escaped with 1 pip loss was about 2.5 hours ago. Are you able to post at the time otherwise I think it is hard for people to you believe you.
I appreciate you following the journal. Again I have no need to lie as it would not benefit me in any way. If you would like you may check the 9am candle and see it went as low as 101.75 and indeed I was able to get out of the trade. Please note the time I posted was 9:04am minus a minute or two for typing the post. Of course I closed out before I posted. I am not sure why this would be hard to believe as the price is right on the chart.
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Old May 22, 2012, 3:33pm   #47
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Re: My Eur/Jpy Trade journal

Quote:
Originally Posted by ndnole View Post
I appreciate you following the journal. Again I have no need to lie as it would not benefit me in any way. If you would like you may check the 9am candle and see it went as low as 101.75 and indeed I was able to get out of the trade. Please note the time I posted was 9:04am minus a minute or two for typing the post. Of course I closed out before I posted. I am not sure why this would be hard to believe as the price is right on the chart.
My fault. I am getting my times very mixed up. Will delete my post. Apologies!
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Old May 22, 2012, 3:47pm   #48
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Re: My Eur/Jpy Trade journal

ndnole started this thread
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Originally Posted by Mr Woozel View Post
My fault. I am getting my times very mixed up. Will delete my post. Apologies!
Understood. No worries.
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Old May 22, 2012, 4:03pm   #49
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Re: My Eur/Jpy Trade journal

ndnole started this thread Looking at the daily chart I should have stuck to my rules and not opened trade because RSI and all other indicators were in agreement with being oversold. Even a downturn there must be breathing room upward before continued decline. Lesson leraned (yet again). he system in progression but I think it does not offer as many trades as my mentality would like. Although when right a good deal of pips will be the result. So I will set an expectation of or goal of 200-240 pips a month.
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Old May 23, 2012, 12:13pm   #50
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Re: My Eur/Jpy Trade journal

ndnole started this thread No trade this morning should have set my order but was too preoccupied.
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Old May 23, 2012, 3:46pm   #51
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Re: My Eur/Jpy Trade journal

ndnole started this thread Man did I miss a great short today! But I was pretty tied up and could not prep properly although I was sure price would be down. I decided guesswork would not be part of the plan and so I did not place a trade because I was not prepared. Sure enough price plummeted today. Only reason for this post is to document progression in patience because even though I missed this great short I did so for the right reason. Will re evaluate after the carnage is over dont want to get on the train late and lose.
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Old Aug 13, 2012, 10:12pm   #52
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Re: My Eur/Jpy Trade journal

ndnole started this thread Been a while but I have honed my technique and am at it again.

Sell order 96.50
Stop loss 97.10
Take profit 95.28
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Old Aug 13, 2012, 10:24pm   #53
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Re: My Eur/Jpy Trade journal

ndnole started this thread Correction, sell order 96.46 same stoploss and take profit. I would prefer for candle to close below 96.50 but I will not be watching trade. Set and forget till the morning.
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Old Aug 14, 2012, 3:20pm   #54
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Re: My Eur/Jpy Trade journal

ndnole started this thread Trade not opened. Setting new sell orders

Sell 98.70
Stoploss 99.10
Take profit 97.90

Also looking to sell at 96.90
take profit 95.90
Stoploss 97.50

Last edited by ndnole; Aug 14, 2012 at 5:25pm. Reason: update
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Old Aug 15, 2012, 2:33pm   #55
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Re: My Eur/Jpy Trade journal

ndnole started this thread Short at 96.90 will monitor periodically. I should note only trading 2% of capital.
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Old Aug 15, 2012, 2:34pm   #56
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Re: My Eur/Jpy Trade journal

ndnole started this thread This journal is not to track capital however, just to guage my ability to continue to grow as a trader and enter and exit at the right time which has been hard for me over the years.
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Old Aug 15, 2012, 2:50pm   #57
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Re: My Eur/Jpy Trade journal

ndnole started this thread Also I shall note that I have changed my strategy. I use fibs for determining my entry and the price action off of tose fibs in conjuction with RSI 14, slow stoch 5.5.5. Ichimoku, bollinger band 20,2, and williams %R.
I use the standard signls of overbought and oversold along with where price is to a fib%,near top or bottom of band, and wheher price is above or below kumo cloud.
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Old Aug 16, 2012, 4:45pm   #58
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Re: My Eur/Jpy Trade journal

ndnole started this thread Stopped out of opened short. Sell order 98.70 still pending
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