Saki's Forex Reversal Journal

yes yes yes. I tossed it all out and SIMPLIFIED my approach to trading. That's the point of this journal now. Make more money with less effort. Let's see if I can be successful.
Perhaps I should start a new journal to avoid confusion?

My "edge," which i am not disclosing here, only adds to the profitability of the wind tunnel crossing.

I can suggest something almost as good as my edge though...

If you add a T3(triple exponential) crossing of the tunnel and only enter in the direction of the cross, you will be pleased with your results.

Currently holding my EUR,AUD,CHF shorts. Hope the rest of you are too=)

 

20kLong USD/JPY 109.55 Limit 110 Stop 108.95

10kShort EUR/USD 1.2435 Limit on half 1.2345 Stop 1.2498
10kShort AUD/USD .7735 Limit on half .7675 Stop .7767
10kLong USD/CHF 1.2505 Limit on half 1.2540 Stop 1.2421


Closed trades:
10k Short EUR/USD 1.2435 on half 1.2370+65
10k Long USD/CHF 1.2500 on half 1.2540+40
10k Short AUD/USD .7735 on half .7685 +45


Model Account Balance:2150

 

10kShort EUR/USD 1.2435 Limit on half 1.2345 Stop 1.2430
10kShort AUD/USD .7735 Limit on half .7675 Stop .7730
10kLong USD/CHF 1.2505 Limit on half 1.2540 Stop 1.2510


Closed trades:
10k Short EUR/USD 1.2435 on half 1.2370+65
10k Long USD/CHF 1.2500 on half 1.2540+40
10k Short AUD/USD .7735 on half .7685 +45
20k Long USD/JPY 110 +45

Model Account Balance:2195

 

Add +45 to that total =)

 

here is an example using a 6 period triple exponential moving average on the euro "tunnel" today. good for a few pips if you caught it!

 

Open Trades:
10kShort EUR/USD 1.2435 Limit on half 1.2345 Stop 1.2430
10kLong USD/CHF 1.2505 Limit on half 1.2540 Stop 1.2510


Closed Trades:
10kShort AUD/USD .7735 Limit on half .7675 Stop .7730
10k Short EUR/USD 1.2435 on half 1.2370+65
10k Long USD/CHF 1.2500 on half 1.2540+40
10k Short AUD/USD .7735 on half .7685 +45
20k Long USD/JPY 110 +90
10kShort AUD/USD .7735 Limit on half .7565+170

Model Account Balance:2410

 

Your are really good ....

 

Open Trades:
10kShort EUR/USD 1.2435 Limit on half 1.2345 Stop 1.2310

Closed Trades:
10kShort AUD/USD .7735 Limit on half .7675 Stop .7730
10k Short EUR/USD 1.2435 on half 1.2370+65
10k Long USD/CHF 1.2500 on half 1.2540+40
10k Short AUD/USD .7735 on half .7685 +45
20k Long USD/JPY 110 +90
10kShort AUD/USD .7735 Limit on half .7565+170
10kLong USD/CHF 1.2505 Limit on half 1.2710 +205

Model Account Balance:2615

 

Waiting for spreads to tighten on Euro to reverse

Open Trades:

None

Closed Trades:
10kShort AUD/USD .7735 Limit .7675 +60
10k Short EUR/USD 1.2435 Exit 1.2370+65
10k Long USD/CHF 1.2500 Exit 1.2540+40
10k Short AUD/USD .7735 Exit .7685 +45
20k Long USD/JPY Limit 110 +90
10kShort AUD/USD .7735 Exit .7565+170
10kLong USD/CHF 1.2505 Exit 1.2710 +205
10kShort EUR/USD 1.2435 Exit 1.2170 +265
Model Account Balance:2880

 

Open Trades:

20k Long EUR/USD 1.2193 Limit 1.2270 Stop 1.2110
20k Long AUD/USD .7533 Limit .7600 Stop .7490

Closed Trades:
10k Short AUD/USD .7735 Limit .7675 +60
10k Short EUR/USD 1.2435 Exit 1.2370+65
10k Long USD/CHF 1.2500 Exit 1.2540+40
10k Short AUD/USD .7735 Exit .7685 +45
20k Long USD/JPY Limit 110 +90
10k Short AUD/USD .7735 Exit .7565+170
10k Long USD/CHF 1.2505 Exit 1.2710 +205
10k Short EUR/USD 1.2435 Exit 1.2170 +265

Model Account Balance:2880