Ward's EUR/USD spot fx journal - Trading Journals | futures io social day trading
futures io futures trading


Ward's EUR/USD spot fx journal
Updated: Views / Replies:7,003 / 89
Created: by thewardiknowof Attachments:82

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 82  
 
Thread Tools Search this Thread
 

Ward's EUR/USD spot fx journal

  #71 (permalink)
loeser
Belgium/Antwerp
 
Futures Experience: Beginner
Platform: Metatrader4
Favorite Futures: Eur/Usd, s&p, DAX, DOW
 
Posts: 20 since Apr 2012
Thanks: 3 given, 11 received

target is reached.


loeser View Post
I'm new here and try to write in English.

2 trades short at the moment based on the 123RH
Step in on the 5' chart.

1 short @ 13111

2/3 out on 21( 1.3090) pips and let runner go.
SL just above the 38.2% retrace. Stopped out

2 short @ 1.3103

2/3 out on 1.3084 and runner must do his job.
SL on 1.3095

It seems like we gonne touch the 61.8% retrace from 1.2995 to 1.3175
When we take this out we go back to 1.2995

Eur/Usd is
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Level 61.8% have to hold now. Otherwise, 1.2995

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #72 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Wednesday, April 18, 2012

Today I have graded my assessment of future direction a C. I felt on my trading time frame (5 min) the trend was down from the London open which in real-time which I then changed bias to sideways at 1015 and up at 1035. Looking in hindsight I missed the direction change at 0935 to up when price was accepted above the 50% retracement to the trend line from the swing low at 0850 (for future I will refer to this as the 50% rule). Missing this change caused me to added a direction change (sideways at 1015) and thus I was late in changing to up at 1035.

Looking over an hourly chart (in hindsight) the range from 1.3098 - 1.3150 that had been going for the last day and a half had an attempt to break down at 0445. This failed when price returned to the range around 1030.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #73 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


@loeser, you should start your own trading journal to share your thoughts in your thread.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #74 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Thursday, April 19, 2012

Today's grade: A

Price was in a downtrend at the open of the New york session. Shortly after I began monitoring in real time and 10 minutes into my trading session (0940 EST) a 50% rule triggered a trend bias change to up. A second 50% rule occurred at 1105 changing my trend bias back to down.

In hindsight, I correctly identified all areas of future direction bias change without missing any or adding any that never happened.

I was a little uncomfortable with the 1105 change yet marked it. Time showed this was a correct trend change location.

Reviewing in hindsight, my higher timeframe (hourly) chart it appears to me price is still in a trading range from 1.3105 - 1.3147 (narrowed slightly from 1.3098 - 1.3150). There was an attempt to break out again to the downside at 0720 returning to the range at 0940. The range began Monday with two significant attempts to break out to the downside, both times returning to the range after testing the 1.3067 area.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #75 (permalink)
Elite Member
near Paris, France
 
Futures Experience: Beginner
Platform: -
Favorite Futures: -
 
Nicolas11's Avatar
 
Posts: 1,070 since Aug 2011
Thanks: 2,232 given, 1,729 received

Hi,

Congratulations for your journal, which is very interesting!
(and thanks to @trendisyourfriend for his insightful contribution)

Wish you the best,

Nicolas

Reply With Quote
The following 2 users say Thank You to Nicolas11 for this post:
 
  #76 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Friday, April 20, 2012

Today's Future Direction Assessment grade: A

I feel I deserve an A today as I was able to identify accurately the future direction and all changes without missing or adding any unwarranted changes.

The London session opened and broke out beginning to trend up around 0400. At 0740 price confirmed it was in a period of consolidation which had a range from 1.3155-1.3206, and this is how the New York session began. I began my real-time analysis around 0900 and noticed the range started to tighten and it then confirmed to be narrower 1.3182-1.3206 at 0915, entering my trading session in this tighter range. At 1005 the trend up resumed for a short period and entered again into a period of sideways consolidation which confirmed at 1125 lasting for the rest of my trading session.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



In hindsight, looking over the higher time frame price was entered an uptrend shortly after the London open and remained up for the entire time of my analysis.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Grading for the week on Future Direction in 4 days of grading including today, I had 3 A's and 1 C.

As much as I want to get on with it and move to the next step, I understand 4 days is hardly enough to show I have a solid grasp of assessing future direction. It's hard to be patient sometimes.

Have a great weekend everyone!

Reply With Quote
 
  #77 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Monday, April 23, 2012

Today's Future Direction Assessment grade: A

Reviewing my days assessment of future direction I was able to identify all changes while live. My change to sideways at 0935 was a little questionable. I feel it could have been a change to up then, but according to how I define a sideways range I felt it was more appropriate. the same thing happened at the 1120 change. At this time I chose to make it sideways as price had returned to the previous range. This was then confirmed at 1155.

There were no unwarranted or missing changes today.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #78 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Tuesday, April 24, 2012

Today's grade: A

I was able to correctly assess a changes of direction without missing or adding unwarranted changes.

At about 0900 I began my review and assessment. I marked the direction becoming sideways beginning at 0350 with the range being from 1.3153-1.3180. The New York session began in the range testing the bottom at 0850. real-time assessment began and went as follows:
0930 -direction changed to UP, price having broke the top resistance and price was accepted to the upside.
1105 -I determined price was again in a sideways range between 1.3191-1.3212.
Price stayed in the range for the rest of my trading session.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I would ask, if anyone sees this different than I have, sees direction changes I missed or that are unwarranted please let me know. Thank you.

Reply With Quote
The following user says Thank You to thewardiknowof for this post:
 
  #79 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


thewardiknowof View Post
Today's grade: A

I was able to correctly assess a changes of direction without missing or adding unwarranted changes.



Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #80 (permalink)
Elite Member
Edmonton, Alberta Canada
 
Futures Experience: Beginner
Platform: cTrader
Broker/Data: ThinkForex
Favorite Futures: Forex
 
Posts: 88 since Sep 2011
Thanks: 199 given, 51 received

Wednesday, April 25, 2012


Future Direction grade: A

Thankfully today I was again able to correctly assess future direction without adding unwarranted changes
or missing any. I am feeling pleased and more confident in this area. Thanks to trendisyourfriend for encouraging me to focus on this as well as giving me some guidance. Much appreciated.

My assessment was as follows:

In hindsight:
0300 -the London session began in an uptrend direction.
0730 -trend changed to down.
0855 -trend changed to sideways (1.3196-1.3222).

Real time assessment began:
0910 -test of the upper range boundary
0950 -a second test of the upper boundary.
1010 -the lower range boundary was tested.
1025 -price broke out to the downside and was accepted. Trend now down.
1125 -price moved back into the
1.3196-1.3222 range. Direction changed to sideways with an upward bias.
1225 -I stopped my live analysis.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Reply With Quote
The following user says Thank You to thewardiknowof for this post:

Reply



futures io > > > Ward's EUR/USD spot fx journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
“Stop Hunting” strategy for EUR.USD Nicolas11 Elite Automated Trading 7 November 29th, 2011 10:38 AM
EUR/USD Tick Chart tosmonkey Currency Futures 14 February 12th, 2011 09:03 PM
$EUR/USD data for Ninja ceramictilepro Reviews of Brokers and Data Feeds 19 October 26th, 2010 02:13 PM
Migrating from ES to EUR.USD mainstream Traders Hideout 10 July 5th, 2010 08:03 PM


All times are GMT -4. The time now is 11:19 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.14 seconds with 20 queries on phoenix via your IP 54.227.51.103