I have decided to start a Journal on FF. I have been keeping my own private Blogger journal since November last year where i have posted every trade i have made on demo.
I Have decided now that it might be better for me to post charts of my trades where other traders can see them. Firstly so i can hopefully get feedback from experienced traders and secondly so i think about how silly it will look on my journal before i make a really bad trading decision
since Nov 5th I am now trading only retraces of PA on the longer time frames as this is what i have had most success with and i feel more comfortable with these. I am also looking into trading retraces and breaks on the shorter time frames so i will be posting my trades from two separate accounts with these if all goes well.
I will be posting my results in the form of myfxbook to prove i have taken the trades posted so there can be no funny business or temptation to omit silly mistakes on my part.
I trade Gold and 20 currency pairs on all time frames from 15 minute to 4 hourly and the dailies, weeklies. I also look to trade oil and the main indices but since i am using Oanda as my main broker i don't day trade them at the moment.
My method involves trading PA (mainly pins like in j16) at highly confluenced areas, PA with strong momentum and breakouts with a rounded retrace and PA. I have also developed my own system for lower time frame trades. Most of my trades involve a touch of a confirmed trend line and a good support and resistance area. I won't be posting any rules. I don't consider myself consistently profitable so therefore i am not in a position to give trading advise.
I am starting this thread primarily to improve my trading. I believe i have an edge with the method and that the only thing holding me back is myself. This is my quest to overcome myself.
Entry Candle or area is indicated by the Arrow and i use a small shaded blue area to indicate my exit.
Let the trading begin...
I Have decided now that it might be better for me to post charts of my trades where other traders can see them. Firstly so i can hopefully get feedback from experienced traders and secondly so i think about how silly it will look on my journal before i make a really bad trading decision
since Nov 5th I am now trading only retraces of PA on the longer time frames as this is what i have had most success with and i feel more comfortable with these. I am also looking into trading retraces and breaks on the shorter time frames so i will be posting my trades from two separate accounts with these if all goes well.
I will be posting my results in the form of myfxbook to prove i have taken the trades posted so there can be no funny business or temptation to omit silly mistakes on my part.
I trade Gold and 20 currency pairs on all time frames from 15 minute to 4 hourly and the dailies, weeklies. I also look to trade oil and the main indices but since i am using Oanda as my main broker i don't day trade them at the moment.
My method involves trading PA (mainly pins like in j16) at highly confluenced areas, PA with strong momentum and breakouts with a rounded retrace and PA. I have also developed my own system for lower time frame trades. Most of my trades involve a touch of a confirmed trend line and a good support and resistance area. I won't be posting any rules. I don't consider myself consistently profitable so therefore i am not in a position to give trading advise.
I am starting this thread primarily to improve my trading. I believe i have an edge with the method and that the only thing holding me back is myself. This is my quest to overcome myself.
Entry Candle or area is indicated by the Arrow and i use a small shaded blue area to indicate my exit.
Let the trading begin...