Recent content by ndnole

Short GBPJPY 161.38 SL 161.80 TP 159.40 hard target. 50 pip railing stop

Also, added 30 pip trailing stop. Trade has not been triggered at this time. Price is 100.18 currently

New order set. Short USDJPY 100.09 SL 100.40 TP 99.55 Price above high value and momentum is declining.

Don't like price action now. Momentum not carrying and with news coming up its better to take small profit and wait for another trade. Out at 134.84

Buy EURJPY 134.72 SL 134.38 TP Hard target 136.20 with a trailing 30 pip stop. Looks like a trend day developing.

I will still be posting my trades but if you are like me, I dislike seeing people make calls 2 hours after the fact. This way if I should miss posting a trade it can be seen on the myfxbook page. If there is something I can improve on I would like to hear from you on how I can become a better...

Well the sample size isn't large but since I have made a written plan and actually stuck to it I have done much better. Along with a money management plan using fixed ratio I can see the light. I don't always have the time to post my trades right away so here is my myfxbook to follow if you...

SL hit

Short GBPJPY 158.06 SL 158.50 TP Hard target 157.40 Trailing stop 30 pips

OUT 132.76 +37 pips. Not bad for a few hours work. Price action was reversing. Better to book profit than to give it away.

You need many many more trades to see if your style is viable. But money management is absolute key to making money. You don't need to hit homeruns. Just have a set plan and a good money management system and you will make money. Try this link for some ideas on how to manage...

Why did I tweak the trade? In the past I let winners turn into losers. When I realized what I could do with fixed ratio money management I resolved to not let that happen if I could help it going forward. There is no reason to be up 30 pips and end up losing. Because I expect today to be a trend...

Well already up 29 pips. Manually placed SL to break even and trailing stop to 30 pips. Hard target still 132.20

Main reason for choosing eurjpy: Price could not break Thursday lower value area on Friday or Monday. Break below 133.06 would put price below last weeks value area and the week before lasts are. So potential for a big move down. Open of Asian market saw selling and afterwards a continuation...

EURJPY had a narrow balance day and looks to be the better potential to short if it stays below value. Sold eurjpy 133.13 SL 133.50 TP Hard target 132.20 set a trailing stop of 35 pips