would like to record the trading that i make on the forex market, hopefully we could learn something from this one, anyway..trading the forex market is learning to trade the "patern.." let's see..how this would end..
taking a look at the USDJPY pair, seems taht the market is going for a bearish market, by looking through the MACD on a 1H chart, looks like it's going to go FLAT until the US markets open..still.. would like to open a possition, since it recently has touched the support point at 117.90 opening a SHORT for USDJPY @117.94 taking profit @117.69.. let's see how this would ends..
I entered short USD/JPY from 119.50 and first Target profit hit at 118.50 and second lot still open even though it went down pretty hard but i am keeping this short while trying to ride the whole wave however SL set at 119 which gurantees 50 pips anyway Looking forward to do a long on UCAD and short on GBP/JPY lets see how that goes
--> cumulative profit:-30 pips oh boy, when the market enters US open, it really didn't touch the TP..well as acumulative, i've lost -30pips, since i put a 30pips SL, (sorry not to post em right on the first thread.. ) now let's look at the GBP retail sales would impact the market today, since the GBP has recently breaking above $2.0 (hardly penetrate the 25 years high) the GBP would likely to go bearish today, as for my favorit pair USDJPY..i'll wait till the market goes overbought, which i think that would be arround 118.80, let's see what gonna happen today btw. jaree, nice to see the trading that you made, keep it in please??
-->cumulative profit : -10 pips seems like the market behave just a little right .. it does hit my trap at 118.80 and go bearish till 118.60, fixing a 20pips profit since i'm not feel confidence with the market.. ehem, the journey begins with a smal dot to create the big line btw, have a nice weekends, please post any of your trading journal, might prove usefull to someone else, learning from others people mistakes or right move is the best on learning something..well i think so..
looks great on the EURCHF pair,looking at the 15minutes chart, the MACD signal generated, along increasae with volume and crossing on SMA's thingking on opening a SHORT EURCHF @1.6420 taking profit @1.6390 and add a SL at 30pips(1.6450) Lets hope for the best shall wee!
Good luck with this, Yohanip. Are all your trades predicated by technical indicators such as MACD and SMA and so on?
--> Cumulative profits 20pips yipii.. hello there TimNigel, nice to hv you on board, yes i basically analyze the market using technical analysis but i'm not neglecting any good news or any rumours arround the currency pair..
Seems like you are a scalper I am strictly a swing trader and i like profits after holding position for couple of days until it is ripen as much as it can Short on GBP/CHF from 22 April Patience do pay off currently at 119 pips and 320 more to go for TP1 and after 200 pips i will move stop loss to break even or with few pips profit
you guys interested in helping to start the Practice Forex Forum Sill working on the design, so have not had the time to start posting
Hello again! i'm trying to update the thread as soon as i make a position, yes i do i'm a scalper jaree would like to learn to be a swing trader.. positions oppened: SELL on GBPKPY @238.08 SELL on EURUSD @1.3604 BUY on USDJPY @119.24 SELL on EURCHF @1.6425 lets see how would this leads to.. hmmph.. i roughly analyze each of them.. basically i learn about them using some corelations, MACD overbought, and the news on Durable Goods, and about the DOW making a new highs today
-->Cumulative profit 38 pips SELL on GBPKPY @238.08 close @238.05 -> 3pips SELL on EURUSD @1.3604 close @1.3599 -> 5 pips BUY on USDJPY @119.24 close @119.34 -> 10 pips SELL on EURCHF @1.6425 Floating at -11 pips scalped really hard one this time.. hmm.. should i continue to trade the forex.. hehe, offcourse i will
Btw.. is anybody knows about this? i've learned that trading using the MT platform quite fascinating.. you are given the "trader's password" and the "investors password" is it safe giving away such as the investor password to the public? anybody knows? would appriciate any post
If i was you i would never give out such info to public you never know there might be some kind of flaw or way around to get into real account with investors password. Just my 2 pips Goodluck on trading and BTW scalping is much harder then swing trading... Much much harder and depressive so not for me
-->cumulative profit 48 pips closing the EURCHF @1.6415 Hmm. the last post was so lack of informations.. later post i should type my TP and SL.. i forgot to post on the thread but this lovely thread will be my "diary" on the forex trading thinggies Hv a nice weekends dearest friends