Monday, June 30, 2008
Sunday, June 29, 2008
Weekly stats : Week 30 (23-27/6)
24 trades (12 tr x 2 lots) this ending week, no loser again, although at a risk, taken twice. It's better to have some small losers per week, instead of risking to lose all the week's gains.
Labels:
forex,
performance stats
Friday, June 27, 2008
Risk taken again
Entered long at TL break, price hesitated and risk taken again, finally closed at +3, as I had to leave office, missing the nice move up.
Labels:
forex,
trade analysis
Thursday, June 26, 2008
Old bad habits
I missed the first leg down on this and i entered at what seemed as a second one. Price reversed sharply ..and I refused to close with a loss. It went till -22 and I was just looking the catastrophy coming. Price then reversed again to retest the lows and I had the opportunity (luck) to close at almost breakeven. I refrained myself to re-enter short, to see the pair going up fastly.
The denial to accept a fault can be disastrous in every aspect...
The denial to accept a fault can be disastrous in every aspect...
Labels:
forex,
trade analysis,
trades : the ugly ones
Wednesday, June 25, 2008
Tuesday, June 24, 2008
Fear
Good entry, bad exit. I closed this because price stalled and i was fearing a reversal. It was just a common accumulation before the new move up, which I missed. I should re-enter at 1.5551 and 10:07:25.
Labels:
forex,
trade analysis
Day's first
I missed the correct entry earlier on this, entered long late, exited as soon I had some gains. Risky.
Labels:
forex,
trade analysis
Monday, June 23, 2008
Sunday, June 22, 2008
weekly stats : Week 29 (16-20/6)
Lousy week with a few mediocre trades, under a heavy day schedule. My mind wasn't there, the winners equal the losers for the first time... I will have more time for trading from Monday on.
Labels:
forex,
performance stats
Friday, June 20, 2008
Thursday, June 19, 2008
False breakout
Trying to catch the breakout is the more risky of all trades I believe, especially after London closing... I was late to close this and risked 12 pips. Closed finally at -4,8p.
Enough for today, 2 trades, 1 winner, 1 loser, slightly losing day. I am tired, i have to stop. Better see the Euro..
Enough for today, 2 trades, 1 winner, 1 loser, slightly losing day. I am tired, i have to stop. Better see the Euro..
Labels:
forex,
trade analysis
Early close
Back to trading after several days, I had this little scalp, closed early, i thought price was stalling (wrong).
Labels:
forex,
trade analysis
Monday, June 16, 2008
3 trades for today
...and 2 losers to start a week! False breakout on the first trade, not closed at breakeven. Second one was revenge trading and wrong, the CCI was ascending. I played the third in the direction of the new breakout, and covered most of the damage. Total :-2 pips.
Labels:
forex,
trade analysis
Sunday, June 15, 2008
Friday, June 13, 2008
Wednesday, June 11, 2008
Tuesday, June 10, 2008
Monday, June 9, 2008
Let the price move,
"Textbook" setup on this very clear 1 min chart in the afternoon, I had to close at +5,5 to drive home, and lost the big move down.
All in all, 5 trades today, 3 winners, 2 nulls. (equal or less than the spread, is null to me). +3,59% on account.
All in all, 5 trades today, 3 winners, 2 nulls. (equal or less than the spread, is null to me). +3,59% on account.
Labels:
forex,
trade analysis
Saturday, June 7, 2008
Weekly stats : Week 27 (2-6/6)
4 trading days, 36 trades (18 x 2 lots) in total this ending week, 24 winners, 4 losers, 6 nulls. Average winner is low, should let it run a little bit. Reward / Risk ratio is again above 1.0 and that is good. The 10% weekly target was met.
Labels:
forex,
performance stats
Friday, June 6, 2008
Boring post-NFP
I lost 4 pips in a totally flat post-NFP. A false breakout, trade was closed in time with small loss. Earlier in the day I had won 1 pip.
That was all for today, 2 trades, 1 loser, 1 null. -1,05% on account.
Super conservative this Friday, to keep weekly gains.
That was all for today, 2 trades, 1 loser, 1 null. -1,05% on account.
Super conservative this Friday, to keep weekly gains.
Labels:
forex,
trade analysis
Thursday, June 5, 2008
Environment day
A beautiful book, very well written and presented, with excellent photos. Although the texts are quite deep, the reading of this book is a real pleasure. I had a splendid Sunday with it, the best book I have read in the last year. Details here.
Don't miss it.
Don't miss it.
Labels:
books
What a day! (and Weinstein's axiom)
I overtraded today, and I had no time to publish all trades separately. But all the trades of the day are on these two charts, eur/jpy and eur/usd. It was a huge volatility day and my trades look ridiculously small on this broader picture. They are just that : bits of the big movement up. With these tiny bits I had a 6,60% increase of my account, whithout catching to trend up. More important, I spent two hours only in front of the monitors, i have to run my other business also. M. Weinstein said that clearly : trade one bit at a time, imitate the
sparrow. This is the way to millions.
10 trades in total today, 8 winners, 0 losers, 2 nulls. +6,6%
Labels:
forex,
trade analysis
One more
Few minutes later, closed again too early. The trend was fast and strong, I was feared to lose the tiny gains.
Labels:
forex,
trade analysis
Early entry gives early exit too
I entered too early, before the resistance was cleared out, risked some pips, so I closed as soon as I had this small 5,5 gain. The real trend was just starting.
Labels:
forex,
trade analysis
Wednesday, June 4, 2008
Consolidation
Third trade today, I entered short while market was consolidating. Closed with a smal loss because price stalled (and could reverse).
That's all for today, 3 trades in total, 2 winners, 1 loser, 2,75% account increase.
That's all for today, 3 trades in total, 2 winners, 1 loser, 2,75% account increase.
Labels:
forex,
trade analysis
Late entry in a strong trend
I was busy with my other activities, that's why I entered this with a big delay. Risky, I could take the rebound on the face.
Labels:
forex,
trade analysis
Tuesday, June 3, 2008
Monday, June 2, 2008
Day's end
Third and last trade for the day, I had to close this at break even, it was too late for me.
3 trades in total for today, 2 winners, 1 null, 2,65% account increase.
3 trades in total for today, 2 winners, 1 null, 2,65% account increase.
Labels:
forex,
trade analysis
Week's first bit
Entered at low break, exited fastly because I don't trust Monday's open movements. But this one was genuine.
Labels:
forex,
trade analysis
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