Recent content by Supporter

  1. Supporter

    Another journal? C'mon!

    yes, yes.. I am still alive and (kinda) trading. As I am no fulltime trader (yet) I have a lot of other projects going on and cannot watch the fx markets to the extent I would like to. Especially last 3 weeks have been pretty busy. So 2 weeks ago I couldn't spot any trades and took two mediocre...
  2. Supporter

    Another journal? C'mon!

    Itook a EUR/USD short this morning from 1.3495 area. Didn't work out as you can see. As I grade my setups I risked 0,5% on this one as it wasn't one of the better looking ones. Now my account is back to break-even. A little frustrating but as long as I can stick to the rules, analyse my trades...
  3. Supporter

    Another journal? C'mon!

    The reason I reduced my risk was the movement of price prior to reaching the level. I prefer volatile moves where we move straight to the support/resistance level. This will give a higher probability that we will see a bigger reaction at the actual level. WHY? The reason behind this is...
  4. Supporter

    Another journal? C'mon!

    Trade on AUD/USD got triggered but didn't work out. I reduced my risk in advance because of some price action I didn't like and took a 0,5% loss. Important to keep the losses small. I will go over the trade and what made me cautios later. Cheers
  5. Supporter

    Another journal? C'mon!

    Hello, I have 3 pairs on my watchlist for the upcoming days with some scenarios I identified. They show some well defined levels with some precise bounces. I marked my trading plan on them. GBP/CHF: I have a pending buy limit on 1.4269. Second scenario will be a sell limit at 1.43768 if we...
  6. Supporter

    Another journal? C'mon!

    Time to call it a week. Took the order off. Maybe we gat a chance to enter that level next week. I only had one trade but that made me 2%. So nothing to complain. Enjoy your weekend!
  7. Supporter

    Another journal? C'mon!

    It almost doesn't get any better then this level on EUR/JPY. The line that moves in steps is the 21-EMA from the Daily timeframe which should add additional resistance. I have my order on 106.54. I will leave it there for 2 more hours. If it gets triggered I will close it before markets close...
  8. Supporter

    Another journal? C'mon!

    Today one of my trades got triggered. It was a classic support and resistance trade on EUR/GBP. We had a nice level that acted as support for some time on a number of touches. We saw a break of that level and I had a pending sell limit on it to sell the retest. I got a little over 2% profit...
  9. Supporter

    Another journal? C'mon!

    I am still alive and watching charts but as a swingtrader these slow days are not what generates any signals. EUR/USD has been ranging in between a 180 pips range the last days. Same goes for many other pairs. I have a few setups I am watching very closely. The best one for now is on GBP/CHF...
  10. Supporter

    Another journal? C'mon!

    I am still alive. just couldn't find any entries this week so far. I am now watching 1.0288 on AUD/USD with my pending sell limit order already sitting at that level. It has been previous support&resistance plus we have some 21-EMAs clustering at this level. Now we wait and see if the order...
  11. Supporter

    Another journal? C'mon!

    Thanks MikSax :) No trades today for me. EUR/USD and AUD/USD both missed my pendings by a bit. But nothing to worry. Another day will come. EDIT: Couldn't resist and will be sharing my AUD/USD chart from today. 1. White lines - That was the setup I was watching this morning. A nice level...
  12. Supporter

    Another journal? C'mon!

    Warp up - Week 1 Overall I am ok with my week. Nothing impressive but a start into the public journal I can live with. I had 3 trades this week. Two losers. - The winner was a good and standard Support & Resistance (S & R) trade. - The first loser was a good S&R trade as well. Just the level...
  13. Supporter

    Another journal? C'mon!

    Trying to be smarter then markets don't work (often). Tried to go against the upmove ion AUD/USD and took a $ -4,20 hit. Weekly balance now at $ +0,99 which is as good as back to zero ;) More tomorrow...
  14. Supporter

    Another journal? C'mon!

    Account Balance: $ 556 + $ 5 + 0,9% I made the decision not to talk about what I should have done yesterday. It was just a level that didn't work out on EUR/AUD. One of the reason was the big volatility during big news events. But I reduced my risk and exit early for a small loss. But let's...
  15. Supporter

    Another journal? C'mon!

    Update. Should have sticked to my analysis. Instead I did take off my AÚD/USD which would have been a great trade. I let EUR/AUD open and got taken out for $ - 3. Would have, could have, should have... Fact is, I screwed up and took a loss. But no time to whine. We need to move on in that...
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