Trading Journal

In addition to all the other advice new traders may find here, I will add a suggestion of keeping a trading journal. I have logged every trade since May 2005 - win, lose, draw. The reasons for entering a trade, strategies, &c. - a 'post-mortem' on losing trades, and also on winning trades. Every trade includes a chart picture showing entry/exit points, along with the indicators used for the particular strategy. It's often enlightening to review those historic trades to see the lessons learned.

I'm currently running a few robots - along with some manual trades. I only post the robot trade info once a week, at the end of the week - just the bare facts/results. Manual trades get the full treatment - analysis, ticket #, s/l, t/p, $/pip, post-trade chart image, &c.

Good trading,
G'Jim c):{-

hi😄

You can do that on your trade history, just click the little pencil, can even put your charts in there.

Great advice! Thanks for th tip Elkart 😄

nice GNR avatar. :)

@Elkart is there a way to set up FXbook to record a photograph og the charts and save it to the logged orders placed? this was really something i was looking for!

We had a bearish day in the leading Market Indexes. Fed's Yellen speaks tomorrow at 16:00 GMT+1.
Tomorrow the market might recover responding to the speech.

Happy trading.

FXMissionary posted:
@Elkart is there a way to set up FXbook to record a photograph og the charts and save it to the logged orders placed? this was really something i was looking for!

@FXMissionary
there is a simple script to run on MT4
which takes scr of MT4 chart when opening closing trade

psaTrading posted:
We had a bearish day in the leading Market Indexes. Fed's Yellen speaks tomorrow at 16:00 GMT+1.
Tomorrow the market might recover responding to the speech.

Although Yellen has emphasized the economy isn’t meeting the Fed’s goals, the markets recovered from yesterday's decline.

It's always the same thing, on Fed's days, buy buy buy....

I can see a good setup for a short on Dax:

SL @ ...... : 9745
Short @... : 9710
TP1 @..... : 9655
TP2 @..... : 9605
TP3 @ .... : 9525

Been stopped out & accepting the loss.

Happy trading!

It seems the Dax will continue to go higher and sellers are creating bargain entries for buyers.

Dax is in a very tight consolidation!
To much for my taste.

No range to trade my strategy!

Which you all a nice weekend.

Do you believe it was just an accident???

The Institute for Supply Management corrected its May manufacturing index to 56 after saying it applied incorrect seasonal adjustments to the figure. The Tempe, Arizona-based group initially reported the gauge fell to 53.2 from 54.9 in April.

The decrease was 'suddenly' found to be a mis-calculation and the figure re-released with all the numbers magically better?

https://www.bloomberg.com/news/2014-0...ent-error.html

Nice short on Dax:

SL @ ...... : 9955
Short @... : 9946
TP1 @..... : 9897
TP2 @..... : 9850 (Still open) (Moved SL to BE)

.............................................
https://silvatradingen.wordpress.com/
'It is not enough to have a good mind. The main thing is to use it well.' (Rene Descartes)Descartes)

The markets have no volume and no significant moves. They are asking for a good shrink before new highs.
Dax, is slowly declining. Drops usually early in the day, and recover after the US open.

.............................................
Happy trading.

Trading Dax:

SL @ ...... : 9943
Short @... : 9923
TP1 @..... : 9897
TP2 @..... : 9850

Stoped at BE and reversed:

SL @ ...... : 9915
Long @... : 9926
TP1 @..... : 9974 ( :-) )
TP2 @..... : 10130 (Still Open)

.............................................
Happy trading.

It was a pretty profitable Week!
The forum is a great help.

Which you all a nice weekend.