Forex Trading JournalForex Trading on EurUsd, GbpUsd, UsdChf, UsdJpy and EurJpy. My focus are in day trading and also longterm trades which are based on both technical and fundamental analysis. I also take high considerations to macro-economic factors. My aim is to become an expert trader.11th February -15th February 2007: Trades Report- February 16, 2008 Well, I started trading again this week. I felt quite confident and relax. I have two loosing trades and three winning trades. Big winner are in EurYen trade and GBPCHF trade, while the biggest looser is the GBPUSD trade.1. 2008.02.11 sell eurusd o:1.4536, 2008.02.11 c:1.4500, 36 pips2. 2008.02.12 sell gbpusd o:1.9454, 2008.02.12 c:1.9595, -141 pips3. 2008.02.13 buy eurjpy o:155.93, 2008.02.14 c:158.36, 243 pips4. 2008.02.13 buy gbpchf o:2.1593, 2008.02.14 c:2.1753, 160 pips5. 2008.02.13 buy...http://forex-tradingjournal.blogspot.com/2008/02/11th-february-15th-february-2007-trades.h... New Year and Long Time No Trade- February 10, 2008 It almost been half a year that I have stop trading. After being beaten by the market, I moved all capital from the brokers and sit quietly aside for a very long time. I do not even know what's going on now, though I took some peeks at the chart and news during that time. What I know is the subprime issues hit the market then dollar went down. Need to regather my updates on the market, doing some research and analysis perhaps. I emphasize more on fundamentals rather than technical things as...http://forex-tradingjournal.blogspot.com/2008/02/new-year-and-long-time-no-trade.html 18th June-22nd June 2007: Trades & Commentaries- February 10, 2008 My current positions:1. buy cadchf o:1.1594 sl:1.14852. sell eurusd o:1.3416 sl:1.34783. sell gbpusd o:1.9846 sl:1.99164. buy usdchf o:1.2415 sl:1.2274I think the major trend change is taking place now. On fundamental basis, I think everybody want to cut interest rate now based on the inflation conditions. Technically, all the major currencies look like toppingbottoming out. I'm not quite sure about this, but let us see how the market will answer to the question. The dollar also has looks like..http://forex-tradingjournal.blogspot.com/2007/06/18th-june-22nd-june-2007-trades.html 11th June-15th June 2007: Trades & Commentaries- February 10, 2008 I traded some positions this week. Currently has closed all of them, one of them have been stopped out:1. buy gbpusd o:1.9674 sl:1.9661 c:1.9740, 66 pips2. sell usdchf o:1.2374 sl:1.2412 c:1.2412, -38 pips3. buy gbpusd o:1.9716 sl:1.9661 c:1.9740, 24 pips4. sell usdjpy o:121.71 sl:122.09 c:121.67, 4 pips5. sell eurjpy o:162.46 sl:162.87 c:161.73, 73 pipsTotal: 129 pipsThe dollar rise last week because of the bond yield been pushed to 5-years peak. I don't know how long it will continue, but at..http://forex-tradingjournal.blogspot.com/2007/06/11th-june-15th-june-2007-trades.html 4th June-8th June 2007: Trades & Commentaries- February 10, 2008 Open these positions based on the dollar analysis I posted on this blog before this post:1. buy gbpusd o:1.9845 c:1.9922, 77 pips2. sell usdchf o:1.2290 c:1.2227, 63 pips3. buy gbpusd o:1.9872 c:1.9922, 50 pips4. buy gbpusd o:1.9920 c:1.9922, 2 pipsTotal pips for today: 192 pipsNo SLs because i've been checking them from time to time. I have to close all of them so that I can concentrate on studying for my amateur radio examination the day after tomorrow. I haven't even read their notes yet....http://forex-tradingjournal.blogspot.com/2007/06/4th-june-8th-june-2007-trades.html Dollar Technical Analysis: 3rd June 07- February 10, 2008 The dollar looks to go down again to me.Weekly chart:Support has turned into resistance. Forex Trading Journal Some right reserved.http://forex-tradingjournal.blogspot.com/2007/06/dollar-technical-analysis-3rd-june-07.htm... 28th May-1st June 2007: Trades & Commentaries- February 10, 2008 I feel quite nervous when opening my positions, maybe because of I have not trading for a while. My current positions:1. sell eurusd o:1.3454 sl:1.34872. sell gbpusd o:1.9842 sl:1.99093. buy usdchf o:1.2271 sl:1.22174. buy usdjpy o:121.65 sl:121.35All positions are trend following. Yen position is quite tricky, but i think 161.60 support will hold it. Another possible trade is to buy usdcad, which is against the trend, the risk is higher. I will be watching how it goes. Today is holiday in UK...http://forex-tradingjournal.blogspot.com/2007/05/28th-may-1st-june-2007-trades.html 14th May-18th May 2007: Trades & Commentaries- February 10, 2008 Got 2 positions now, opened during London session's opening:1. sell gbpusd o:1.9831 sl:1.99102. sell gbpjpy o:238.53 sl:239.16I just follow the trend, it can go up a little bit, but last week downtrend still looks strong to me. Anyway, I'm quite busy currently, so I guess I just take these two trade for this week.Update:24th May 2007:Both position got stopped out long time ago:1. sell gbpusd o:1.9831 sl:1.9910 (trailing 80 pips) c:1.9820, 11 pips2. sell gbpjpy o:238.53 sl:239.16 (trailing 80...http://forex-tradingjournal.blogspot.com/2007/05/14th-may-18th-may-2007-trades.html 30th April-5th May 2007: Trades & Commentaries- February 10, 2008 Opened 5 position this evening. Around 11 am London time. I didn't update earlier at the time because the weather condition was not good. I just opened the positions, put the SL and shut down my PC.1. buy eurjpy o:162.68 sl:162.092. buy eurusd o1.3596 sl:1.35713. buy gbpjpy o:237.65 sl:238.824. buy gbpusd o:1.9902 sl:1.98525. sell usdchf o:1.2090 sl:1.2114The positions are going well currently (writing this at night). I missed the usdcad trade, it has dived down more than 100 pips. No problem...http://forex-tradingjournal.blogspot.com/2007/04/30th-april-5th-may-2007-trades.html 23rd-27th April 2007: Trades & Commentaries- February 10, 2008 The internet connection is okay now. The technician from the telco have done a great job. So lets get working again. I have opened 3 position tonight, these may be my final trades for this month:1. buy gbpusd o:1.9999 sl:1.9907 tp:2.03632. sell usdchf o:1.2115 sl:1.2159 tp:1.19053. buy eurusd o:1.3560 sl:1.3479 tp:1.3726All are trend following positions. My take profit targets are very far away, I just don't know up to where the market will go. If i feel want to take profit, or have to take...http://forex-tradingjournal.blogspot.com/2007/04/23rd-27th-april-2007-trades.html |