Hey folks. In this journal I'll be sharing my trades on a daily basis including the indicators I'm using, my rationale for each trade, and my...
It's up to you but don't feel like you have to do it all, no one is truly successful by themselves, everyone has help somewhere along the line....
Hey datamerc, long time no talk. I'm just as inspired today as I was when I started reading your 2007 journal. You are amazingly consistant with a...
It's been awhile since I traded forex but I think what these other guys are trying to say is that there are no exact times when the "forex market"...
Have you ever considered the possibility that you DO trade based on rules even on days like these? Subconscious rules that only appear to be gut...
Congratulations, datamerc! Feeling good and making a nice profit, can't beat that!
Is it my imagination or are you not making more money when you're feeling "off"?
7/20/07 1 Trade (1L) Long USD/JPY Entry: 122.100 @8:45 EST Exit: 121.890 @9:56 EST -21 points Total P/L: -0.5 points I tried going...
7/19/07 1 Trade (1L) Long USD/JPY Entry: 122.140 @9:28 EST Exit: 122.070 @9:52 EST -7 points Total P/L: +20.5 points
7/18/07 3 Trades (2W, 1L) Trade 1 Long USD/JPY Entry: 122.080 @10:20 EST Exit: 121.970 @10:26 EST -11 points Trade 2 Short EUR/JPY...
7/17/07 1 Trade (1W) Short EUR/JPY Entry: 168.360 Exit: 168.270 +9 points Total P/L: +20.5 IB messed up again with the time stamp so...
7/16/07 (Amended) Short USD/JPY Entry: 121.950 @20:26 EST Exit: 121.990 @20:32 EST -4 points Total P/L +11.5 points TWS messed up the...
7/16/07 1 Trade (1L) Long GBP/USD Entry: 2.03600 @20:55 EST Exit: 2.03530 @21:01 EST -7 points Total P/L: +15.5 points
7/15/07 1 Trade (1L) Long EUR/CHF Entry: 1.65700 @22:25 EST Exit: 1.65620 @1:55 EST 7/16/07 -8 points Total P/L: +22.5 points
Interesting. How do you execute your targets? Do you watch and exit when you see it hit the BB or do you have it automated somehow?
MidKnight, I haven't up to now but that's a good idea. I'll look into this week coming week. Thanks!
datamerc, how do you determine your stops and targets?
That's not a very helpful post. Why don't you just make your case as to what you think is a simpler and more effective approach?
7/13/07 1 Trade (1W) Long EUR/USD Entry: 1.37785 @10:44 EST Exit: 1.37950 @11:46 EST +16.5 points Total P/L: +30.5 points
07/12/07 3 Trades (2W, 1L) Trade 1 Short EUR/USD Entry: 1.3775 @11:50 EST Exit: 1.3784 @12:24 EST -9 points Trade 2 Short EUR/JPY...
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