Got Drawdown in my ECN Pro Account but no problem. OverAll i am still in profit T_T Spoiler: EURJPY Sell EURJPY Reason : Price / buyer, are not too dominant and can't maintain their power above EMA 12 SL Scalping TP longterm
Still hold my Sell EURJPY, move EURJPY stoploss into trailing stop mode Sell EURGBP , because at M5 , candle broke out the EMA 12,and met major resistance. put 10.0 pips stoploss, got good spreads on EURGBP, 0.6-0.7 pips for EURGBP , not bad for cross pair Spoiler today we have EURO Zone news, perhaps this news could help my trade
Finally i got Margin Call Well redeposit my account and looking for signals with another trading instrument provided by my Broker,and i decided to trade the indices After tried their demo to find out how much margin used for any indices i decided to trade the US500 index (SPX500 index) Reason : 1.M pattern 2.Engulfing 3.Their spreads looks lower than another index (40 pips, i think its like 4 pips in forex) Sell 1 @ 1917.20 sell 2 @1906.20 Trailing Stop loss @ 1911.20 My worst scenario : i think am only reach BEP Spoiler
I hope NZDUSD can break the upper triangle formed in daily timeframe. opened NZDUSD trades, got tight spreads, with tight pair movement -_- Spoiler
today I have a lot of work to do and only now I have time to update my journal And today , we only have one important USD news today i do some multiple entries Buy HK50 (Hanseng ) Reasojn : engulfing on m15 Spoiler Indices trading have different sensation, although the spreads are small, but we can quickly experience a plus or minus in one single moves Closed profit +40$ and after that i bought GBPUSD and sold EURGBP Spoiler Got tight spread , and closed by my trailing stop And i now i try another trading instruments provide by Tickmill, which is JPY225 (Nikkei)and EURJPY Reason : engulfing on MA Spoiler
Sell EURGBP god, I hate this Inverted Cup and handle Pattern. Spoiler Example of Cup and handle Pattern in WTI/CL Spoiler looking this WTI, makes me wanna open a trade, because my broker uses fixed 1 lot , and 1 lot = 0.01$ / pips which means i trade WTI with cent account
Try To buy NZDCHF Finaly i am back trading forex, because indices trading is very painful. For smallest lot in my broker, smallest used margin is in JP225 , it is around $14-$15. not to mention, index have very wild movement. need bigger balance sigh and looks like they applied 1:100 leverage in all indices instrument Spoiler Reason, hammer on MA with counter sell if it become invalid
Try To buy NZDCHF Finaly i am back trading forex, because indices trading is very painful. For smallest lot in my broker, smallest used margin is in JP225 , it is around $14-$15. not to mention, index have very wild movement. need bigger balance sigh and looks like they applied 1:100 leverage in all indices instrument Spoiler Reason, hammer on MA with counter sell if it become invalid
Sell GBPCHF very sexy reason : RSI on 60 area, RSI Abnormal, and still in channel area Spoiler i hope it is valid moga2 valid got good spreads , 2.0 pips for GBPCHF
Finally got margin called and based on FXBlue statement My total deposit/WD in Tickmill via skrill or fasapay are : Deposit : $178.37 WD : $221.34 WD - Deposit = $42,97 so with my total net WD , i can say, i am still losing my money. But no problem. I cosider this as my learning experience . and i learned in hard way, in the next trades, i better do not touch indices , because if i trade with minimum amount i better trade WTI because even WTI used margin is relatively big because it is using 1:100 leverage, but WTI smallest lot is cent pips . so it is better for money management This journal will be my documentary repot so i can study my mistakes and become a better trader in near futures and like arnold said in terminator. " I'll be back" The End of Part 1