The Backyard Trader (by fxinvestfund) Einfache Statistik
Gewinn: -99.12%
Drawdown: 99.85%
Pips: 1.5
Trades: 387
Gewonnen:
Verloren:
Typ: Real
Hebel: 1:300
Handel: Handbuch

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The Backyard Trader Diskussion
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fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 01 at 07:16
Project73 posted:
Nice journal you have here!


Thanks !

Trade safe!
fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 01 at 17:50
GBPUSD - one of the currency pairs I'll be watching very closely this coming Monday - expecting a pull-back and then a bullish move to upper key price levels.

Lets watch it!

Anlagen:

Trade safe!
fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 03 at 03:42
So it is official news now....... $600 is my Nemesis......

Here are some of the challenges a trader sit with:

    If you close the order before it hit your TP, you should have left it open
    If you let the order run to hit your TP, you should have closed it early
    If you move your SL you shouldn't have
    If you don't move your TP you should have
    NEVER say Should Have, Could Have, or Why did I....

So I'm pushing forward to $700 even though I'm down to $500 from $600. Nothing has changed, not my strategy or my risk.

I'm 18,6% down from last week. My max draw down is 35% so I have much room for movement.

If you are one of my followers and are not comfortable with this DD I'll understand if you withdraw from my services, but please come back or decrease your investment amount to a smaller amount you are more comfortable with.

Lets do this!!!

Trade safe!
fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 04 at 19:13
#GBPJPY - If you are one of my signal followers you will notice I have 3 open orders on GBPJPY. So where do I see this pair go? Well, my TP is at 146.60, however I see this pair heading towards 147.00 region tomorrow or Friday. I will keep my TP level for now where it is, because I want to bank some profit before I place more orders.

Hopefully the Asian session will push through my TP level otherwise I'll have to wait for the London session's volume to push the momentum bullish.
Anlagen:

Trade safe!
L3CAP

Mitglied seit Sep 29, 2016  197 Beiträge L3CAP Jul 05 at 07:26
fxinvestfund posted:
#GBPJPY - If you are one of my signal followers you will notice I have 3 open orders on GBPJPY. So where do I see this pair go? Well, my TP is at 146.60, however I see this pair heading towards 147.00 region tomorrow or Friday. I will keep my TP level for now where it is, because I want to bank some profit before I place more orders.

Hopefully the Asian session will push through my TP level otherwise I'll have to wait for the London session's volume to push the momentum bullish.


Nice analysis I feel the same about GBPJPY!

ourmyfxbook@
fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 05 at 18:42
As anticipated GBPJPY had an awesome bullish spike this morning hitting my TP at 146.60 and banking 37.78% profit for the day pushing me back to just over 300% profit total gain. With my total acc also back above $600 I will now chase $700.

Tomorrow I'll be looking to trade GBPUSD and USDCAD. I'll bank whatever profit I can take and will not push for $700 tomorrow - that can wait till next week.


Trade safe!
fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 06 at 15:13
And that brings us to the end of another week. Not as good as I was expecting, but I'm glad I at least closed in the green. For the week +1.31% and overall gain is +305.96%. My acc balance is at least above $600, which was my target last week.

My max draw down is still in tact and I don't see that I'll get near that again, but it has happened before so as the saying goes: 'Never say Never' :-)

Happy weekend all!

Trade safe!
KovWiz23

Mitglied seit Jul 05, 2018  34 Beiträge KovWiz23 Jul 08 at 08:19
fxinvestfund posted:
With Monday around the corner it is time to switch on the charts and start looking at what to trade.

USDCAD is still very much on my radar. I see this pair heading down to 1.3050 region on Monday/Tuesday and even lower to 1.3000. I do anticipate a short term bullish move to 1.3110 region first though.

Also keep in mind the rate change announcement on Wednesday.

Trade safe!


Thank you for sharing your outlook.

fxinvestfund

Mitglied seit Oct 12, 2013  153 Beiträge BackyardTrader (fxinvestfund) Jul 08 at 16:27
KovWiz23 posted:
fxinvestfund posted:
With Monday around the corner it is time to switch on the charts and start looking at what to trade.

USDCAD is still very much on my radar. I see this pair heading down to 1.3050 region on Monday/Tuesday and even lower to 1.3000. I do anticipate a short term bullish move to 1.3110 region first though.

Also keep in mind the rate change announcement on Wednesday.

Trade safe!


Thank you for sharing your outlook.


Pleasure!

I hope it will add value to your trading decisions.

Trade safe!
KovWiz23

Mitglied seit Jul 05, 2018  34 Beiträge KovWiz23 Jul 09 at 05:32
Of course it does! Would be great if you pop by my journal too. Cheers.

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Trade Deficit Government (37 min)
Too early to declare worst is over for l...(5 min ago)
EURUSD 1.13839 GBPUSD 1.27672
USDJPY 110.85 USDCAD 1.30835

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