7/2/2007 +$398.25, 1 trade (1W) USDJPY: +61/83 C After the Tankan index came out in-line (read: not bad) and possible reduction in risk exposure, I looked for JPY to recover a bit. Although single the trade came out in my favor and is a nice way to start the month (in dollars), I did not base this trade off my system (lacking discipline). With no losing days last month, I need to be especially careful not to get sloppy this month.
7/3/2007 +$109.67, 5 trades (3W, 2L) EURUSD: +10.5/38 USDJPY: +6/19 D Started out feeling perfect, but hesitated on a good USDJPY setup and then slowly began to lose focus. I'm in the process of selling our house and buying a new one, so that has been at the back of my mind. Shouldn't have put on this many trades and held on too long to the ones I did take today. Need to give myself a chance to deal with other stuff, so taking an early holiday to work on house details and will probably get back to the screen again on Thursday depending on how I feel.
7/5/2007 +$57.50, 2 trades (2W) EURUSD: +7.5/20 A Clear head this morning and followed the rules as planned.
7/9/2007 +$54.41, 2 trades (2W) EURUSD: +5/7 USDJPY: +3/48 B Clear head, but just got stuck in sideways EURUSD trend. USDJPY position was held overnight and didn't reach target or stop. Closed positions when I had to leave for work.
7/10/2007 +$4.79, 3 trades (2W, 1L) EURUSD: -5/8 USDJPY: +7.5/16 B Got stuck in a sideways trend on the single EURUSD trade and took the loss rather than being on the wrong side of a breakout.
7/11/2007 +$131.20, 4 trades (3W, 1L) EURUSD: +7/36 USDJPY: +13/32 C I have gotten better since starting this journal, but it is sometimes difficult dealing with the thoughts and "what ifs" when I was on the right side of both pairs before the big moves yesterday but closed everything because my session was over. I just have to keep reminding myself that I only have so many hours for trading in a day and that is how the quality of my trading is based. Regrets can only make me screw up. Rolling over two USDJPY positions.
7/12/2007 +$156.00, 2 trades (2W) USDJPY: +24/77 B Only intermittent trading time today, so can't complain too much with the results. Rolling over two USDJPY positions.
7/13/2007 +$45.50, 1 trade (1W) USDJPY: +7/17 B Like yesterday time was limited and the single position was actually taken last night, didn't watch in the morning. Rolling over two USDJPY positions that have yet to reach targets/stops.