My stop for all three lots has been moved to 1.3400. It probably will get hit but profit is protected. If it doesn.t hit that just means more pips for me. Looks to be off of long term daily trend line. I will check after work.

jpa0827 Trading Journal

My stop is at Break even on the first two lots. I shorted one more lot of Euros at 1.3410 target is still 1.330 ish

jpa0827 Trading Journal

Chart of second trade and why I took it — My target is 1.3300 if we can get there otherwise i will take profit as I see fit. More than likely will move stop loss up and wait for target or stop to get hit.

jpa0827 Trading Journal

trade 2 — Shorted the euro again today 2 lots at 1.3485 Stoploss is at 1.36. i will post chart when i'm home tonight.

jpa0827 Trading Journal

Profit / tight stop loss — I was stopped out of my trade at 1.3450 which was actually expected. The logic behind this was to protect profit. If the price kept dropping with no retrace I make more, but with a tight stop like this, if it hits ...

jpa0827 Trading Journal

Locked profit — I've decided to lock a profit of about four percent. My stoploss is now at 1.3450.

jpa0827 Trading Journal

BE — Stop has now been moved to Break even. I'm up around 110 pips. Free trade now.

jpa0827 Trading Journal

1st Live Trade This Year — This past monday I entered short on the EURO 2 lots @ 1.3570ish This was originally one lot but then my confidence in the trade grew so I added another lot. Then the trade started to flirt with my stop loss, but ...

jpa0827 Trading Journal

Come Back — After a long long break from trading in my Live account. I am back and refreshed after studying some new ideas and money management principles that I wish I had read when i started. The markets seem to be getting a little more ...

jpa0827 Trading Journal

USD/CAD — I took a sizable today on this trade. I really was confident that it was going to get at least to 1.05 and it never did and stopped me out for a full bar loss and a percent of my account that was way to high. I think this one again a ...

jpa0827 Trading Journal

USD/CAD — Well I got knocked out of this trade at break even. I moved my stop up to early when I left for work in the morning. I'm going to be looking for a re-entry tonight so we'll se what she gives me. I still think this thing has a chance ...

jpa0827 Trading Journal

Good Point — That is a great point! Very True. I have made this problem several times before!

Silent Service Method

Me too — That goes For me too. Your posts have helped me a lot since i joined the thread. Thanks for everything you both do! jim

james16 Chart Thread

usd/cad buob AT SWING LOW — although the size could have been bigger i decided to take this one on a retrace entry.

jpa0827 Trading Journal

I will Jim and thanks for all tht you do. I can't tell you enough how much this forum has changed my trading. I actually can go into a trade with much more confidence with this method. Keep it up man.

james16 Chart Thread

AUD/JPY Breakout — Got in long at 80.33 off of 1hr chart and an 14(ma) got out at 81.15 because it is friday and I think it will retrace back into this weeks bar. Might look into a retrace entry to go long again. But for now I'm completely ...

jpa0827 Trading Journal

I agree 100 percent. Taxes are needed to some extent. It is just over done. Anyway hope everyone has a great weekend. My dad's turning 50 so we're throwing him a big bday bash tomorrow so it should be fun. hope we can make some more pips next week. ...

james16 Chart Thread

Taxes: getting in the way of true progress. (that is my new definition for the word.)

james16 Chart Thread

You know I wouldn't be shocked if i'm living there one day. I just realized, I'm Jim, You're Jim and so is Jaroo. lol maybe that's just how jim's think lol.

james16 Chart Thread

texas — by the way. I would love texas. That state is probably the only one that still has any balls. But welcome to America. Land of the Free Home of the pussies. Ok now i'm done lol

james16 Chart Thread