Strong pattern

one of my strongest setups, when price leaves the range and the "valley" , signing a strong reversal.

Hesitation killed the sparrow

I had a few seconds of hesitation to close or not this short who turned badly. That was enough to give me a -63 on the face. High volatility, high gains, high losses.

210 pips won today. My best day/week/month so far. But we live/trade in abnormal times.

Drop, drop, drop!...

103 pips in no time!.. exited waiting an equally strong reaction, but it was more there... Not complained for this..

Nice morning

i was really happy with this, so I didn't care much to take also the second leg down.

Madness

This the chart of my equity's change in %, during the day. Overtrading (50 trades in total!) drove performace back and forth between 0 and 15%, closing the day around 12%. Complete non-sense and very stressfull. Patterns and trendlines apply here too...

Last trade

...and finally took back the lost pips, late in the evening, with a lot of stress.

A capital mistake

This short went to +8, not closed, not even at break even and was left to move quickly against me. Negligence? Stupidity? Egoism and incapacity to accept the obvious? Check all the above.

2 trades

2 more trades.

The art of giving (back)

..the reversal took place some minutes later, little by little and I was insisting to be short. This is the art of giving back some of the previous gains..

Slices of thr trend

3 shorts in this big drop. There is an important empty space between the 2nd and the 3rd, marking my hesitation to re-enter for the 3rd time. I finally reentered a lot of pips below the 2nd exit, making this trade risky, as the downtrend was exhausting and could have a strong reversal an any time..

Contra

The "You will miss the party" trade

i was busy with my dayjob during the move down, and when back to trading, i wanted to get on the train at any price. The result is allways a bad entry. I was trapped in a ranging market and lost 13 pips.

Risk taken

Risk taken again, risked 15 pips to win 7,5. Bad ratio indeed!...

Pre-London

Last trades for today

Decent catch of the drop, closed on time.

Just a slice

I was busy and missed the previous entries but I don't complain. A sparrow needs just one bit :) And bit after bit..

Fast up

Quick pips on this long momentum, closed on time and at the res trendline intersection , nothing lasts forever..

late exit

Late exit, as trend lines, cci and etc were ignored. I took most of it back, but the mistake is not deleted.

Safe exit

Risky entry on this but safe exit : just above the supp line and the expected reaction there.

Code name :Broader view

3 fast trades in this pre-London Monday and 5,7 % on account. This is a new setup, the latest evolution of the rainbow, with many trendlines, fibos etc. We worked together for this with my new friend Andrea "Oppenheimer" (i am von Neumann for him..) from Terni, Italy and i am very happy about it. It was, it still is, a splendid collaboration. More on the next charts.

Going wild (2)

....and managed to lose half of this with late entries...

Going wild (1)

Back after a long time watching big spreads and the world collapsing...

Big gains on these large movements, i had an immediate 25% on account with them but i didn't stop there...

Wild times

Today I was slipped twice from my respectable broker (IB). It was almost the first time in the last two years. Spread also is huge, due to low liquidity. Obviously not the best time for scalping. I will stay aside for a week or so. Mad, mad times.

Late entries

3 trades today, the first entry was way out of the right point. The arrows show the best possible entries.

Strong move

Nice pips on eur/jpy, despite the approximative entries (and exits). I still let most of the price move outside of my trades.

I love Mondays

Splendid Monday morning with very strong trend on euro wich forgives late entries (like the first one here)...







Followed by 4 more trades.

On the run

2 trades on a strong trend, didn't trust it more, I had late entries.

Eur/jpy for the day

Some pips mostly in my afternoon slot, closed early the morning session which was more volatile.

Risk taken again!

Risk taken twice today, saved by the strong bias, giving the best daily performance so far, but at a price.

Morning session

Some little trades today, on both pairs.

Weekly Stats : Week 37 (1-5/9)

My best week so far, performance was mostly aided by the strong bias in the last days (euro collapse). 90 trades in total, (45 x 2 lots), 60 winners, 6 losers, 24 nulls (-2 to +2 pips), giving a W/L ratio of 10,0. Most important, average loss was contained at the av. win level. Too many trades and commissions paid. +42,35% weekly performance, around 52% before commissions. Hope to have such a week again soon...


These are the last stats I publish in this blog. The reason I insisted till today to publish stats is not because I am involved in a kind of competition or effort to show my skills. The stats were there to keep record of the every day struggle with risk managment, the most difficult to achieve in trading. In all these 37 weeks and 10 months stats, I tried to explain in the simplest manner how I manage to be profitable by controlling the risk exposure. I hope I helped at least one of you. From now on, I will keep my performance a private affair.

I will continue to publish my best and my worst trades, write on some cds and other things i like and (soon) my efforts on game theory applied on trading. Thank you all.

3 trades

3 trades on eur/usd. Conservative exits again.

Slices

I tried then 4 trades on eur/jpy, because of the higher volatility of this pair at the moment. I let most the movement pass by and got some bits here and there. The fourth trade was VERY risky, I was confident with the strong bias down and did not close it at -30. Finally it turned positive. That was the first risk taken this week (and hope the last one).

All in all, 22 trades today (11 x 2 lots), 108 pips won, +11,76% on account, new personnal record.

An exceptional week by all means.

Strong trend

No trades in the morning, traded the afternoon session. Here are my 4 trades on eur/usd. I could stay short for longer and have bigger gains but I could not realise how strong was the trend at that moment. I don't complain anyhow.

London today

4 trades today but after London opening (pre-London was relatively flat). On the third one, price reversed exactly at the stoploss.. +4,06% on account.

All the trades

8 trades in total today, all winners, 84 pips won, +11,16% on account. My best daily performance so far. But it was an easy to trade market today.

I love Francfort (opening)

4 trades this early morning, giving 44 pips (22 x 2 lots). Some enties are not spot on but the strong bias helped to make considerable gains today. This was followed by another 4 winning trades.

Pre-London

2 fast trades for 10,6 pips. Start of month will be choppy. Stay out for a while.

Monthly Stats : August 2008

A mediocre August with some lousy trades who gave rather important losses. I passed the last week of the month to cover this. Still in the positive side on monthly performance, but the increasing average loss in the last 2 months is alarming. I should try to cut losses earlier in September.

Weekly Stats : Week 36 (25-29/8)

A good week following a bad one : average loss is again around av. win, after last week's derapage and this, together with favorable W/L ratio gave a 10% positive result. Too many tades again, too much commissions paid.

Nice opening

2 trades in this near perfect London opening. 14,5 pips, +3,23% on account.

Last for today

Closed early, again.

Tempting, but not my style

Two consecutive losses earlier today, trying to contra-trend a strong market... Not very clever, definitely... I am not good for this. Even on the similar trades I won in the past, I closed for a 2-4 pips gain, risking 10 or so..

Sessions's trades

3 trades in total in this session, just to cover stupidities made earlier on..

Perfect easy 6

...

One more

Early close for 5,8 pips. Missed again the strong downtrend. Despite this, a +2,93% on account.