Hey folks. In this journal I'll be sharing my trades on a daily basis including the indicators I'm using, my rationale for each trade, and my psychology surrounding each trade. I'm going to lay it all out there for your comments. My methodology is a work-in-progress and will most likely change as time goes by. Currently I'm using this TA setup: Chart 1 Timeframe: 1 hour TA tools: 9 EMA for broad trend indicator, pivot points for broad S/R levels Chart 2 Timeframe: 5 minutes TA tools: 18 SMA for narrower S/R, 24, 12, 6 MACD for narrower trend, as well as over/under bought/sold Chart 3 (trading chart) Timeframe: 1 minute TA tools: 9, 2 Bollinger Bands for pin-pointing entry/exit That probably sounds like a mess and overkill, but I like it, it makes a strange kind of sense to me I will be using hard stops only if I have to step away from the computer or a trade runs over my scheduled time. The rest of the time I will manually exit a trade when the indicators show that the market has changed directions. Targets will be handled in much the same way. If I have to step away I'll leave a trailing stop in place. Otherwise I will manually exit when the indicators show a reverse. I'll be trading one pair at a time. My schedule is to trade EUR/USD between 8am and 11am EST. If I'm unable to trade that time due to prior engagements then I'll trade USD/JPY between 8pm and 11pm EST. If I have nothing better to do then I might trade both periods.