Soseki's journal

Discussion in 'Journals' started by soseki, Aug 15, 2009.

  1. If your not going to post all your trades the thread is useless.

    There is a p/l journal if you just want to show us how big your dick is
     
    #11     Aug 18, 2009
  2. clacy

    clacy

    Soseki,

    What type of software are you using to analyze the pairs and their relationship with other pairs? Or are you just "eyeballing" it?

    Also, what time frame are you watching and how long in each trade?
     
    #12     Aug 18, 2009
  3. soseki

    soseki

    Ok then, will continue to post trades as they come.

    I'm not using any special software, you can say it's just eyeballing. Would be glad if there was some way to measure the entries more properly... But unfortunately I can't see how it can be done better for now. I use NT.

    Have small line charts of currency pairs placed near each together. If you can see some pair is apparently higher than it's opponent on 10 min timeframe, look through higher tf, up to few hours. If it's higher on all timeframes, it's a signal to make an entry. Sell the higher pair and buy a lower one.

    Then it depends on how the trade goes out. If it quickly returns to normal position, I take small profit (usually in a few hours). If the difference between them widens, I will buy/sell more and switch to a higher tf. Then the trade could take few days, but I won't stay in a position more than a week.
     
    #13     Aug 19, 2009
  4. soseki

    soseki

    Closed yesterday's GBPUSD / EURUSD trade,

    + $2.650
     
    #14     Aug 19, 2009
  5. soseki

    soseki

    SELL 200k EURUSD 1.4126
    BUY 100k GBPUSD 1.6415
     
    #15     Aug 19, 2009


  6. excellent :)

    Can you maybe show us a screen shot with a few examples of your charts.
     
    #16     Aug 19, 2009
  7. soseki

    soseki

    SELL 300k AUDUSD 0.8213
    BUY 120k GBPJPY 154.24

    Sure, I'll post some screen today evening together with comments.
     
    #17     Aug 19, 2009
  8. soseki

    soseki

    Added to EURUSD / GBPUSD position as EURUSD shoots up.
     
    #18     Aug 19, 2009
  9. soseki

    soseki

    Closed AUDUSD

    - $1.276
     
    #19     Aug 19, 2009
  10. soseki

    soseki

    Closed GBPJPY

    + $1.360

    I messed up here. Had too big open position just on US open, so had to close AUDUSD / GBPJPY earlier than I would like to. At least managed to BE.
     
    #20     Aug 19, 2009