From paper to real money trading

[101116]

Dipped 0,82 and bounced back to stop me out. Could be a long if daily closes above 0,83.

-edit-

I placed a somewhat risky buy order above 0,83. I don't have time to wait for the Daily candle to close. DEMO

The daily didn't get where I wanted it to but I forgot to set the stop order to be cancelled.

So now I'm in this and it doesn't look good on hourly. (Edit: and the next hour looked great)
The weekly chart is looking good. But if I wanted to trade the weekly chart I'm in at 0,8 bar.

 

[101116]

Couldn't get through 1,617 an I'm out.

GBP/USD

Might be another go for short on 4H candles.
Or could be better to wait for todays candle to close and see how it is.

-edit-

Got a nice short entry at 4H charts

 

[101116]

CHF/JPY

At a level that has shown S/R on the weekly chart. Possibly forming a bearish candle.

Daily close below that line could be a good enough signal.

I was at the gym and lost 30pips because I didn't manually stop and it got all the way to my last stop. (of course didn't hit it... I JUST FORGOT TO ADD THE ****ING SPREAD. When will I learn that?)

Which makes me think... I have to be monitoring this **** or it will blow. Couple of hours away from PC and it's a mess, I have no idea what positions and plans I have. Writing things down here helps of course.
If I had a 100k account I could trade weekly bars and wouldn't have to worry about ****.

But I don't and against what I said in the first post I'm starting at a ****ty job next month. Propably won't be in it for over 2months.
I haven't had to do that for a couple of years and now I do. And when you're doing that you loose the possibility to be financially independent a.k.a. not have to work for someone else. Not being tied to anything. That's ****ed up.

Well I need to save a little and work to become succesfull in trading. Poker I just can't handle anymore - enough is enough.

PLEASE START NHL! I'm also working towards making profits from UCL.

 

[101116]

EUR/USD

Finding support around 1,295 - took a long position on demo account.

Failed at 1,305 and I'm out.

Could be short on the daily.

 

[101116]

AUD/USD

4H chart might give a trading opportunity soon. I'd rather see a breakout and trade if support holds or down from 1.06 but I'm willing to go here.

-edit-

I'm short

 

[101116]

I
USD/CHF seems to turn to the upside. Waiting for Daily entry.

Placed buy order on Daily chart.

 

[101116]

EUR/AUD

1,25 seems to be fairly strong S/R level in daily chart.

4H gives a retest and possible break to downside. I placed stop order from demo account.

-edit-

Order hit

Too much support at 1,235 and I'm out.

 

[101116]

USD/CAD

I missed the long trade on the daily bars.

Theres now a possible short on 4H if ,98 holds. I placed order on demo.

-edit-

Broke up and order cancelled. Let's see what happens. I'm still looking for a trade opportunity at these levels.

-edit-

It came instantly back down 0,98 and if it continues down I might trade the close of this 2H candle.

-edit-

I'm short here

And I'm out. Support at 0,973 held.

Yet another trade that was nicely in profit and closes for 0. It's OK if I get a big winner once in a while and won't loose much.
At first I strangled the trades with a SL and now I'm giving enough room to wipe out all profits. Trying to find the balance.

 

[101116]

CHF/JPY

I blew the 4H trade but I think I can get in from the daily. So I placed an order.

 

[101116]

EUR/AUD

I missed the opportunity on 2H candles but could be a daily long.

 

[101116]

Stopping the swingtrades and re-entering very soon is getting to be a problem. I already made some adjustment.
Also the first bar of the day fooled me once again. I'm not going to hit emergency brakes anymore during those. If all my profits get wiped out so be it. So far it's been a mistake most of the time.

The naked trades on FX have maybe all gone to profit(some pretty nicely) but so far I haven't been able to lock in. Might need to set targets or figure out something regarding stoplosses. I can see room for improvement and I'm going to.


Closed positions last week.


SWING

LONG MEO +23 (0,92%) R
LONG EOAN -18 (-0,95%) R
LONG EOAN -25 (-1,32%) R
LONG CAC -26,8 (-0,77%) R
LONG BAC -19 (-2,09%) R


POSITION

LONG DTE +1 (0,1%)
LONG SIE +197 (2,48%)
LONG EOAN -51 (-2,7%)
LONG GSZ -50 (-2,6%)


NAKED

LONG EUR/USD -34,8 (-0,27%)
LONG EUR/USD +6 (0,02%)
SHORT EUR/CAD -19,1 (-0,15%) R
SHORT GBP/USD -23,9 (-0,15%)
SHORT CHF/JPY -3,6 (-0,04%)
SHORT EUR/JPY +58,4 (0,57%)
SHORT GBP/JPY -5 (-0,04%)
SHORT NZD/USD -32,2 (-0,39%)
SHORT USD/CAD +10,4 (0,11%)
SHORT EUR/AUD +2,8 (0,02%)


ALL SWINGS

Closed: 161
Profitable: 68 (42,24%)
Total: 2981,9p (28,62%)
Reward/Risk: 1,88 (1,55/0,82)

Didn't change much. Let it be 2% for all next week.

 

[101116]

The Trade Of The Week: SIE 77,31 - 79,28 +197 (2,48%)

 

[101116]

CHF/JPY

I blew the 4H trade but I think I can get in from the daily. So I placed an order.

Order hit. May be too late....

 

[101116]

USD/CHF

Placed buy order on Daily chart.

Order hit.

 

[101116]

NZD/USD

The daily didn't get where I wanted it to but I forgot to set the stop order to be cancelled.

So now I'm in this and it doesn't look good on hourly. (Edit: and the next hour looked great)
The weekly chart is looking good. But if I wanted to trade the weekly chart I'm in at 0,8 bar.

Stop hit.

 

[101116]

USD/CAD

I'm planning to short the 4H chart if that alert triggers.

-edit-

Doesn't look good anymore. I might just trade the breakout to the upside.

 

[101116]

NZD/USD

Here's another alert waiting to be triggered.

-edit-

Triggered.

 

[101116]

EUR/USD

I just jumped here on the 1H chart.

 

[101116]

EUR/JPY

4H/1H
I'm planning to go down with it. I'd rather have entry at test of that 101 line. Have to be careful tho, that 4H bar might turn up.

-edit-

I'm in.

 

[101116]

EUR/AUD

I missed the opportunity on 2H candles but could be a daily long.

Might get a good entry at 1H chart.

-edit-

Got it.