Recent content by Masterful

This trading journal is now discontinued until further notice! Due to work commitments I've had to stop trading for now. I hope at some point in the future I will be in a position to continue with this as it looked promising!

Closed out at 11376 for -£55, not sure which way this is going now but we have held above support and I dont fancy holding this overnight.

Still short £5pp with a poor entry at 11365, in the red with stop at 11485. So far we have held resistance turned support on the daily chart. This is around the 11360 level, few doubts starting to creep up surrounding euro plans but I'm not sure it's enough to halt this Market right now. I do...

H&S on 5 min chart, I'm Short

Trade 5 - opened position on dow at £1pp, quickly closed as this was a mistake +£3 Trade 6 - Short dow @ 11390 £5pp Went Short major technical resistance at 11390, I was expecting a quiet session after Europe's close, and given the long run up I expected a retrace at least. The resistance...

Profit target hit overnight for +£250

Long EURUSD @ 1.3405 £5pp I think EUR USD could drift higher in the absence of any bad news. However I don't expect any big moves overnight, more likely we get some sideways movement so I've put a small target of 50pips limit sell at 1.3455. I may extend the profit target in the morning.

Trade 2: US Sugar 11 Mar Long @ 24.86 £5pp Risk was on at the time I took this trade and sugar hadn’t had as much of a reaction as other markets so I bought. Right now I’m bullish sugar under 25 cents and there was a decent support level around 24.40 to limit risk. Exit: I got out just ahead of...

I managed to post the first trade live with my planned exit in advance, however I won't be able to post whilst at work. So I will simply post these trades in the evening or at weekends. I will mostly post evening trades live. This meets my needs for this journal.

traderman1, Erm... All posted well in advance who's the plonker!?

Sh5467, my trades are based first on fundamentals and then use technicals to pinpoint entry/exit. I generally look at multiple timeframes but refer back to a 5 min chart.

Sh5467, I am trading pure PA, have traded 1 yr at a prop firm and now work for a fund manager. Been trading PA for many years before, with stints of full-time trading between studies/jobs. EURCHF hit limit this morning for a small profit: +100 All trade history/balances will be posted...

Thanks for your comment, i know this is higher than normal, and risky. For now I wish to keep it at this level.... indeed this at my own peril!

Long EURCHF at 1.2358 - £5pp A low R multiple trade with high win/lose ratio Based on behaviour of EURCHF overnight tendency to oscillate, looking for small bounce, limit order set overnight for 20pips. Trade is in sync with my prevailing bullish sentiment towards the pair and if it was not...