Post number 2 — I just found out that I cannot update the record of my trading results in post nos 2 as intended. Apparently after 24 hours, a post is locked and cannot be edited. Ok, in that case I will not do it here in this journal and will ...

Bakuli's Trading journal

Closed my eurusd scalp earlier than intended at 5715 for 8 pips quick profit. Soon afterwards it dropped all the way to 5670 !!! Bloody typical ! Anyway, looking at the positive side, I am 8 pips in profit and I had a bit of fun with the punt ! ...

Bakuli's Trading journal

Getting bored. Did a scalp, shorted eurusd at 5723, aiming for 5710.

Bakuli's Trading journal

My broker is now open for business and Eurusd is now at 5721 as I write. I missed the buy at 5700 as my broker was still closed then. I am not going to rush in to buy at this level. If it falls back to 5700, then I'm a buyer but not at the current ...

Bakuli's Trading journal

My broker isn't open till 12 midnight GMT and I have cancelled my buy order at 5700 as I will be at the screen watching the market. I will wait and see if I can get it lower than 5700, preferably at 5650. If it falls below 5650, then I will put my ...

Bakuli's Trading journal

Hi Fx_California Thanks for the good wishes. I'm sorry I haven't posted any charts as I don't really know how to just yet. I may do so once I learn how to do it. As for my trades, they are not recommendations although I am trading them myself in a ...

Bakuli's Trading journal

Thanks Piters

Bakuli's Trading journal

EurUsd : Am interested in buying in at 1.5711, rounded up to 5700. Would prefer a lower price if I can get it, somewhere around 5650. If I am wrong, I have the A-H strategy. I have placed an order to buy at 5700 but if I am at the screen, I will try ...

Bakuli's Trading journal

This section is to keep an up to date record of my trades as from the 12/04/08. My main account will be for my "serious" trades based on trend trading (swing trading). The "entertainment" account will be for my "silly" trades when I am feeling bored ...

Bakuli's Trading journal

Hi Take profit I think you will find the answers to your question here. url Bakuli

Jacko's Forex House of Pleasure and Pain

Thanks Trader John I am still a newbie and am passing on my insights from what I have learnt from several people that I got to know here. Their insights have helped to shape me into a better trader and slowly change my mindset into one that's ...

Jacko's Forex House of Pleasure and Pain

Thanks Jacko, It's what you have taught me since joining the first group, so the compliment should be extended back to you ! I am not quite there just yet but nearly (still some fine-tuning required for discipline ). However I have come a long way ...

Jacko's Forex House of Pleasure and Pain

Hi Take Profit, I find what helps emotionally is to have a plan before you place your trade and then trade to that plan. That way you do not have to start making all those decisions about exits, take profit etc during a trade. Personally, I don't ...

Jacko's Forex House of Pleasure and Pain

Hi Take Profit, If you feel undecided, why not have a compromise. Take part profit at 5850 (if you feel there is going to be much resistance there and possibly a bounce) and let the rest of the trade play itself out. My trading platform does not ...

Jacko's Forex House of Pleasure and Pain

Good morning Take Profit, If you are using a trailing stoploss, you can just let it take out the trade. This mechanical way of closing a trade will take the emotions out of it and Jacko favours it in his method. There are others that advocate a more ...

Jacko's Forex House of Pleasure and Pain

Hi Static, Nice one ! Good trading ! Like Zoopy said, "The trend is your friend ! ". Happy trading ! Bakuli

Static's Place

Hi findcount, It's not Feb63 but Teb63 ! Hi Feb, Nice thread here ! Thanks for enlightening us! Much appreciated. Bakuli

The System II (Yes with irony)

Hi Hendrix, Yes, get your longs on (not a trading advice!) ! Good old Bernake speaks tomorrow ! Zoopy gets excited each time he speaks ! Anyway, I have given up trying to guess which way the market will go. And I don't pay too much attention to ...

Jacko's Forex House of Pleasure and Pain

Hi Sean Just posting to correct a typo in my above post. I meant to write will the price go aiming for 6000, not 5600 ! Sorry for the mistake. Good luck with our trades ! Bakuli

Jacko's Forex House of Pleasure and Pain