Wednesday, December 17, 2008

gbp/usd long
-39pips
-4.3%
couple things, i thought i had a tto stop on but it must've have been set to buy more lots, but also i inputted the order on my laptop with no mouse, so i decided to change my order sheet to another cpu, so i dl it and pull it up...i'm watching price and it explodes through my stop putting me in double my size and i am like wtf so have to manually input my exit and get filled 13pips past my intial stop at double the size. wtf. my stop would have got me out at -2.2%...
oil inventories
took a news trade

usd/cad
-15pips
-1.2%

eur/usd
+53pips
+6.2%

not trading much....work is getting to me...along with sleep.
my neck is killing me from that hotel room

Wednesday, December 10, 2008

oil inventories trade- my favorite news trade...every wed same bat channel, same bat place.
huge surplus
aw i should have used a bigger size, stop was a mere 8-10pips off. Was plus 35 at the largest part of the move.
i need to work more on exits.

+15
+4

a big .0083%

what ever profit is profit. my daily minimum is 15pips a day...so 34(from London) and 15 from New York.

Tuesday, December 9, 2008

Think I got in about 8pips late, it moved so fast. This bastard took so fucking long to wait to set up.

+34
+19
+4.7%
well...2xmap largest part of the move I was in was +50. hmm.
Refined Plan-
look for the
macd cross on 4 and 2 hr
trade them on the 15min
waiting for 1min stochs...

of course intermarket analysis

I will also fib the 4hrs charts with an alram at the fib points 50-61.8- per 'Darko'

I will also still take the 2min jpy trades...

all of of the charts will be trapped for price
well...too much size on the last two entries which both had bad timing.

again i need to focus on better trade plans.

2 amateur trades in a row. so lame. trying to force it, intead of looking for the choicest set up and waiting.

-7.9% for the day. wow. sucks so bad...amateur mistakes.
good set up, bad entry, too much size
-41
-5.9%

late entry...bad entry...i'm ashamed of this price chase
-11
-2.5%
i deserve this loss...bah



+4
+1
+.00198%
stupid german zew trade was crap, trade was lame

Monday, December 8, 2008

gbp/jpy short...
news trade
-9
-13
-1.53%
gbp/jpy
-32
-2.6%

took a late shot off the bottom of a triangle, made a quick 8-10pips...nothing in beast and then it slowly rolled down.

Sunday, December 7, 2008


My focus is now developing solid trade plans.


gbp/usd

long

entry 148.14

exit 1 149.40 = +126 pips

exit 2 149.58 = +144 pips


= +10.28%

this seems like the move for the london session and good potential to follow thru, my exit for my second half was bad, i should have not kept as tight a stop while anticipating a better exit...especially looking at the 1min candles at the 150.00 area...at this poiont is it at 150.50 up 100 more pips from my stop...

Friday, December 5, 2008

nfp live
e/u
-36
-46

i got whipped. wrong pair. The dow made a great trade. didn't do it since this is a forex account. Hmm...
then too much leverage for the sl used. lesson learned. news trades are hit or miss.
-14.4% bah.

first i should have checked for better mkt coorelation.
i adhered to my stops, but they were too wide and a good news trade works immediately.
i used bad leverge for nfp.

well up 60% or so for the week at the most, then gave back too much
bah... -14 or so today, it should have been -10% at most since it was 2 trades with 5% risk at most.
4% extra is a lot.

weeks total up
30.9%

so...


this weeks 7 Performance questions

1. What will I improve on this week?
Identifying the weakest to the strongest so I can catch the trend of the day...if there is a trade.
The second goal for the week is to work on my trade plans ahead of time. I will plan 3 trades and ahead of time per day, executing them if I am in position. Never deviating from the plan.

2.What was I proud of this week?
Catching a nice gbp/jpy trend move after I had set a trap for it.

3. What was my biggest accomplishment?
Same trades as above.

4. What have I done to get closer to my life goal this week?

5. What was hard for me this week?
time, sleep, waking up. New station, so sleep is a commodity.

6. What was my biggest waste of time this week?
Sitting in front of the cpu, without ritting down and setting up trade plans or specifically id no trades.

7. What did i do to make me ashamed this week?
NFP ... i was the sucker.
first didn't identify the right pair,
second i didn't set a good trade plan up including s/r
third i chased both sides of price...
fourth i used too much leverage, i should have used a smaller amount for nfp...

i'll reread this again throughout the week.

Thursday, December 4, 2008

-31 gy

be ay

Wednesday, December 3, 2008

correction +3.5% actually
ey trade-
couple things late on both entry and exit due to working bid sheet. i need to anticipate price on both sides.

+12 double top in ym
-3(bah attempting to adjust bid sheet and it went neg)

another + .5%

total 2.5% for the day
+2% for today
+69
+5 (be)

+1
-5 at one point this trade was 41 pips in profit, i was trying to anticipate the exit, but was tooslow. i should have got out half.


Bernake says he is buying up 100 m in bonds....long bonds.
fucking insider trading right there

Monday, December 1, 2008


-8
bah got in too early on a short...
i was looking to short beast, it was coming on 21ma in 15min chart, but the es and ym were a bit off their 21 so i took the trade when beast hit its 21ma, it moved against me as the es and ym contiued to head torwards their 21, on hitting their 21...beast hit 50% of last swing...price reversed torwards my way and began making a profit. I exitted -8, the trade at this point has gone 100pips from the last swing, i was in the middle so bad entry on my part.