3 Ducks Demo journal

mentormeplease

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111 0
#92
EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.
Not the best of trades as the 1.5500 level seems to be a bit of a pivot point looking at the longer term charts. Strong resistance at this level was also shown on the 10/01/2012.
 

mentormeplease

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#94
AUDUSD also lined up and what makes it stronger is the daily close above the long term resistance on friday. But as I'm already in EURAUD trade, I don't want to expose too much in AUD so I'll pass on this.
 
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mentormeplease

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111 0
#99
Second trade:
Buy EURGBP @0.83460
SL: 0.83340
TP: 0.8370

TP hit for profit of $934
This pair turned just as my TP was hit. Well timed :clap:
 
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mentormeplease

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Third trade still running:
Buy EURAUD @ 1.2386
SL: 1.2366
TP: 1.2426

Running P/L at the moment -$100
 

mentormeplease

Active member
111 0
Second trade:
Buy EURGBP @0.83460
SL: 0.83340
TP: 0.8370

TP hit for profit of $934
This pair turned just as my TP was hit. Well timed :clap:
I must admit I must tighten up on my discipline and get my calculations correct. Although this was a good trade with good profit, my risk is only supposed to 5% of my initial capital which is $250 and looking at a 2:1 R:R, I should only have made $500 here. This also shows in the previous two trade where the miscalc meant a loss of 415 and 390 dollars.
 

mentormeplease

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Losing trades on friday and monday. Still battling to post them due to the annoying error but will try and do so again tomorrow. Fridays USDCHF short was disappointing as I had a very tight stop and got stopped out. We all know what happened after that. Even captain currency called it and it could have ran into good profit.
 

mentormeplease

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111 0
Fridays trade:
Sell USDCHF @ 0.9202
SL: 0.9210
TP: 0.9186
I had a tight stop with a very small profit margin but the stop was too tight.
SL hit with $217 loss.
 

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