My FX Journal

Discussion in 'Journals' started by sakhter, Aug 12, 2009.

  1. awesome...go for it!
     
    #11     Aug 13, 2009
  2. sakhter

    sakhter

    That's cool. but with my analysis there are too many fake-outs on those currencies.
     
    #12     Aug 14, 2009
  3. sakhter

    sakhter

    gbpjpy buy-stop at 158.30 is now at a -162 point loss. Have not closed the position. Waiting for rebound back

    Down -79 points for the week about -$790

    the other gbpjpy buy-stop was never executed. I have placed another buy-stop at 157.36 with t/p 157.63 for 27 point profit.

    total projected for next 3 positions: 104
    total floating-loss: -162
    total accumulated: 83, net: -79
     
    #13     Aug 14, 2009
  4. sakhter

    sakhter

    Currently, I have 1 pending and 1 executed long GBPJPY trade in the negative.

    However, a high probability short-scalp && long-scalp forming for the GBPJPY..

    I am preparing to place pending short-stop order, at higher volume, of 25 standard lots @ 156.43 with take profit $156.38. For $1,250 gain.

    If price continues to move south down, Exit the GBPJPY buy-stop 158.30 take profit 158.96 order at 156.28 for a -200 point, or -$2,000 loss. Sell-stop 10 standard lots @156.28 with take-profit 156.16 for 12 points, or $1,200.

    Net if trend is down = $2,450 - 2000 = $450.

    Otherwise, hold GBPJPY buy-stop 158.30 take profit 158.96 Buy-stop again with 10 standards lots @156.98 with take-profit 157.07.

    If price continues towards the upside buy-stop 1 standard lot @157.43 take profit 158.38

    Net if trend is up(closed all positions) = $1,200 + $900 + $950 + $80(158.30 buy-stop closed at 158.38) = $3,130

    However, I may hold the original buy-stop.
     
    #14     Aug 16, 2009