+13 pips
Tuesday, January 12, 2010
Tuesday
Again early quit of staying in front of the charts. It always amaze me when I decide to quit with trading. Like am I allowed to do such a thing, is that a bad thing? It's contrary to ingrained habits of long hours when it comes to work. Well trading work day is over after an hour.
+13 pips
+13 pips
Monday, January 11, 2010
Monday
Few small trades/scalps in a quiet market.
+13 pips
I found nice quote from Ernest Hemingway via Maoxian's links. I also agree that it can be applied to trading.

+13 pips
I found nice quote from Ernest Hemingway via Maoxian's links. I also agree that it can be applied to trading.
"The best way is always to stop when you are going good and when you know what will happen next. If you do that every day … you will never be stuck. Always stop while you are going good and don’t think about it or worry about it until you start to write the next day. That way your subconscious will work on it all the time. But if you think about it consciously or worry about it you will kill it and your brain will be tired before you start."Ernest Hemingway
Thursday, January 7, 2010
Swing trading today
There was big move in jpy pairs with weaker jpy on some bank official comments. So consensus was that jpy will be weaker.
First entry was with half size in usd/jpy. Second in eur/jpy also half size. Eur after my entry started falling against usd and that didn't help my second trade. I was very long time in trades and finally when push above 93 started eur wasn't cooperating. My bet was that jpy will finally fall against all pairs and that big rally will come, but it didn't. It could be very profitable trade if it did.
+16 pips

First entry was with half size in usd/jpy. Second in eur/jpy also half size. Eur after my entry started falling against usd and that didn't help my second trade. I was very long time in trades and finally when push above 93 started eur wasn't cooperating. My bet was that jpy will finally fall against all pairs and that big rally will come, but it didn't. It could be very profitable trade if it did.
+16 pips
Wednesday, January 6, 2010
Morning action
I saw little commotion in a gbp/usd that gave me conviction that it will break out. Two minutes later I was out with nice gain.
Second trade in eur/usd, I was late because I had idea of shorting at 39 when eur/gbp was starting to lose ground. First short was at 33, second 30, it was too far. I got nothing from it.
+15 pips

Second trade in eur/usd, I was late because I had idea of shorting at 39 when eur/gbp was starting to lose ground. First short was at 33, second 30, it was too far. I got nothing from it.
+15 pips
Tuesday, January 5, 2010
Mess
I'm so out of shape, out of feel, out of everything I need to have some chance in trading.
First in the morning I had so big urge to take some trade, so first one that was there possibly was mine. After entry it was 50:50 where will it head. I took my scalp profit on full size and moved away from screens.
Later I found out that down move materialized. I took small long with quarter size because I couldn't be sure where will down move stop. At first it moved my way and then suddenly drop 40 pips in 2 minutes. I averaged like intended but it didn't stop there. So next average trades were too close. Soon I had full size position. Only luck gave me profit before big possible loss. Idea was to have small swing trade and soon it was full size trade against the market direction, pretty much stupid.
In a meanwhile I had small full size scalp in eur/usd also.
In the end I did have profitable day, but I don't like this trading at all. I need to get in tune, preferably slowly without a mess.
+21


First in the morning I had so big urge to take some trade, so first one that was there possibly was mine. After entry it was 50:50 where will it head. I took my scalp profit on full size and moved away from screens.
Later I found out that down move materialized. I took small long with quarter size because I couldn't be sure where will down move stop. At first it moved my way and then suddenly drop 40 pips in 2 minutes. I averaged like intended but it didn't stop there. So next average trades were too close. Soon I had full size position. Only luck gave me profit before big possible loss. Idea was to have small swing trade and soon it was full size trade against the market direction, pretty much stupid.
In a meanwhile I had small full size scalp in eur/usd also.
In the end I did have profitable day, but I don't like this trading at all. I need to get in tune, preferably slowly without a mess.
+21
Monday, January 4, 2010
Useless trade
I obviously forgot that you can lose when you trade, so it's not optimal to enter without strong reason and edge.
-9 pips
-9 pips
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