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jay trades futures & forex journal

  #11 (permalink)
jaytrades
New York, USA
 
Posts: 80 since Jun 2011
Thanks Given: 22
Thanks Received: 83

I'm not dead yet in forex. This week I set an entry where resistance should be in a perfect world and i set the stop wide up above additinoal resistance, and a target way down where the best case target would be. I didn't look again at it for a while, then when i checked on it there was a 13pip gain and it was sitting on a 2x pivot and momentum had slowed and started looking like it would bounce, so i exited it there. It did bounce. Weirdest textbook trade ever. I have to get to another PC to get the slide then post it from there.

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  #12 (permalink)
jaytrades
New York, USA
 
Posts: 80 since Jun 2011
Thanks Given: 22
Thanks Received: 83

In futures I had my best trade/day/week/month in 2 years last week end of Jan. This week I had my worst day/week/month so far in 3 years.

Ouch. Lesson for me is risk management. I'd like to explain it, but it needs my P&L chart to do so. Need to get it from my trading PC that I don't allow internet services like browsing besides the data for platform....coming soon.

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  #13 (permalink)
jaytrades
New York, USA
 
Posts: 80 since Jun 2011
Thanks Given: 22
Thanks Received: 83


The trading in TF lately has been too easy. I've never seen such follow thru in any other market. Giving me best personal trading stats ever.

I still scalp and advance my stops and try to give a little room to run, but mostly still get stopped, but the stop gain is a decent scalp.

I wonder if yesterday's high of 1180.3 or so will be surpassed...

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