Hi, I have been a member of FF for quite a while but mostly lurking for a few years now. I thought I would start a journal here to help me be more disciplined and accountable in my trading.
My system is primarily Ichimoku breakout and reconfirmation based with additional considerations of price action and S/R. I have been tracking trades in series of 20 per the exercise in the well known book "Trading In The Zone" by Mark Douglas. Lately things have been going well, since using this system I have had 3 consecutive profitable series, although if I cleaned up a few mistakes it could have been better. I can't predict the future and have no idea if this will continue, but I suppose there's no time like the present to put this out there and see what happens.
I am going to keep things pretty simple here, will try to post live trades at first then may or may not continue in that mode or may just update each day or so. The explorer linked to this thread will keep a record of all the trades I have made in this fashion. Mainly I am trying to practice what I preach, at least in my head, to have patience both in waiting for the best entries and also, more importantly, to let the trades run to proper exit and not cut them off too early, however tempting it may be.
I have learned everything I am doing from Forex Factory, taking a little of this and a little of that from various parts of the forum to develop a method that fits my style and schedule. Hopefully these posts will help me to get over the hump to becoming a truly consistent trader.
My system is primarily Ichimoku breakout and reconfirmation based with additional considerations of price action and S/R. I have been tracking trades in series of 20 per the exercise in the well known book "Trading In The Zone" by Mark Douglas. Lately things have been going well, since using this system I have had 3 consecutive profitable series, although if I cleaned up a few mistakes it could have been better. I can't predict the future and have no idea if this will continue, but I suppose there's no time like the present to put this out there and see what happens.
I am going to keep things pretty simple here, will try to post live trades at first then may or may not continue in that mode or may just update each day or so. The explorer linked to this thread will keep a record of all the trades I have made in this fashion. Mainly I am trying to practice what I preach, at least in my head, to have patience both in waiting for the best entries and also, more importantly, to let the trades run to proper exit and not cut them off too early, however tempting it may be.
I have learned everything I am doing from Forex Factory, taking a little of this and a little of that from various parts of the forum to develop a method that fits my style and schedule. Hopefully these posts will help me to get over the hump to becoming a truly consistent trader.