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forexjpn's trade journal

Posted: Tue Mar 01, 2011 7:47 am
by forexjpn
I've made it a goal to become a proficient trader.
I've been waffling around for long enough, it's time for me to get serious about it and so I've started this thread to keep me in check.

I am by no means worthy of being followed...........any ideas/thoughts I share in this thread are just that, my ideas and thoughts.

At this time, I'm 'quite good' at understanding PA regarding z-lines, momo's, mightzones etc.....after the fact, not so great at judging which line will be taken out first in real time.

I work, so do not have the luxury of watching the screen all day.
But that's definitely no excuse, as I know many are in the same position and doing very well.
I like H1 best for determining targets, but always look at H4 and D1 too.

Last but not least, my deepest gratitude to everyone on this forum, not only the obvious (Kreslik, TRO, MO, es/pip, dragon33, zipzang, ajaymein et al.) but everyone else as well, people who answered my questions (newark18), people who asked the questions I was afraid to ask etc...........

I will try to post most of my trades, but I'll probably leave out any I'm utterly embarrassed about...... :)

BTW: at this time my goal is 100pips/week (400pips/month)

I remember MO saying something like "Price moves a hundred or hundreds of pips a day, there's no reason why you shouldn't be able to catch a portion of that." so there's no excuse for not achieving my goal of 100pips a week.

EDIT: took a break from posting, started again from p.6 (09/02/13)


Posted: Tue Mar 01, 2011 8:31 am
by forexjpn
Here's my second trade of the day (first one I posted on es/pips thread, I'll post that here later) .....looking back it was a rushed trade, R:R was only 1:1, but it worked out...............I have to be more patient and wait for more rewarding trades, not too proud of this one........anyway, here's my chart


Posted: Tue Mar 01, 2011 8:37 am
by forexjpn
Here's my first trade, on E/U,
got out early due to price action stalling at the base of the previous candle for +4pips. Good thing, as price continued to go the other way soon after.

Posted: Tue Mar 01, 2011 8:39 am
by forexjpn
Not so good with computers, anyone know how I can make the pictures fit so we don't have to scroll sideways? Thanks in advance.


Posted: Tue Mar 01, 2011 8:53 am
by forexjpn
Forgot about this one, or maybe I just 'wanted' to forget about it.......
Gotta be honest on this thread's for my own good.
This was my 'real' second trade of the day..............
I felt U/J was on it's way up, so wanted to get in and was impatient.
I often feel I 'have to' make trades whenever I'm sitting in front of the computer, gotta change that habit............anway here's the chart
Got out a -1.2 pips.
Tally for the day +13.1pips for now, still have the US market......gotta go back to work though.

Posted: Tue Mar 01, 2011 8:58 am
by forexjpn
Reflecting on my trades so far..........not exactly what I am aiming for...........
My goal is to trade for pips in the 30's, 40's +
I know Dragon33 concentrates on H1, H4 and higher, that's what I want to do.


Posted: Tue Mar 01, 2011 4:32 pm
by forexjpn
Watching U/J as price approaches several Z-lines.................
No predictions, will just watch for which one it bounces off of and enter at the lowest risk possible.

Posted: Wed Mar 02, 2011 1:40 am
by forexjpn
Fell asleep, so no trade on U/J, but will still look for entry...............
Will be busy with the family today, so..........won't be able to trade much today.

Posted: Wed Mar 02, 2011 4:15 am
by tmanbone
forexjpn wrote:Not so good with computers, anyone know how I can make the pictures fit so we don't have to scroll sideways? Thanks in advance.

I believe when you save your picture if you select active chart 800x600 pixels will help from scrolling side to side, if not experiment somewhere around those #'s. Your pictures look fine to me, no scrolling side to side; they do look a bit narrow top to bottom though.

Posted: Wed Mar 02, 2011 2:18 pm
by forexjpn
Thanks Tmanbone, I think it was already at that setting though.
Will see when I post my next chart.