I saw a dummy setup right before I shut down my Tradestation. This is a small R trade. Long position of NQ futures was established around 1205pm. NQ was moving in my favour, however, it was slow. And subsequently, an ugly big down candle at 1230pm pissed me off. I bailed out with 0.21 R […]
Trading Journal
FX day trade #02 03-April-2007
Not a good day for day trading GBP/USD. I was stopped out twice . End with -2 R loss. GBP/USD reversed the direction around 3am EST. I call it a day for day trading system. I am still holding GBP/USD for my weekly system. Summary: Long GBP/USD; Result: -1 R Short GBP/USD; Result: -1 R […]
FX day trade #01 03-April-2007
This series of journal is to record my Forex day trade system. I am not going to describe the details of my system, since, it is customized to suit my trading style. Basically, it is a SAR (Stop and Reverse) system. And there is no guarantee of success. Anyway, I made a mistake today, I […]
My Forex Trading challenge
After spending the weekend to draft out my trading plan, I start my Forex trading this month. I did that before, and now I am trying again with totally different style and strategies. The reason of picking up this trading vehicle again is to utilize the advantage of staying in Asia (since I have no […]
FX trade 29-Mar-2007
As mentioned in my twitter, I am trading spot forex in demo account to get familiar with the platform and position sizing. This is a dummy trade of USD/JPY. Long position was established around 1am NY time @117.1199. Stop loss was set at the recent swing low 117.056. First target of 117.346 was achieved, stop […]
Trade 28-March-2007
I made one short trade on NQ futures yesterday, but I was chopped out. The risk was only half of my normal R. I was trying to join the fun of selling during the second pull back, which was a stupid mistake. No chart here. Ugly and messy. As mentioned in my twitter. I saw […]
