Trading Journal

forex_trader_7780

Member Since Feb 25, 2010 14 posts

Mar 17, 2010 at 00:58

Member Since Feb 25, 2010 14 posts

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):{-

hook

Member Since Mar 23, 2010 1 posts

Mar 23, 2010 at 01:59

Member Since Mar 23, 2010 1 posts

hi😄

forex_trader_7

Member Since Aug 01, 2009 895 posts

Mar 23, 2010 at 05:19

Member Since Aug 01, 2009 895 posts

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

CerberusFX

Member Since Mar 22, 2010 4 posts

Apr 04, 2010 at 11:24

Member Since Mar 22, 2010 4 posts

Great advice! Thanks for th tip Elkart 😄

Live Long & Prosper

Spyfrat

Member Since Mar 22, 2010 49 posts

Apr 20, 2010 at 02:50

Member Since Mar 22, 2010 49 posts

nice GNR avatar. :)

God is great all the time

FXMissionary

Member Since May 07, 2014 4 posts

May 17, 2014 at 20:25

Member Since May 07, 2014 4 posts

@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!

Lord, have mercy!

psaTrading

Member Since Apr 09, 2014 890 posts

May 20, 2014 at 20:50

Member Since Apr 09, 2014 890 posts

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.

togr

Member Since Feb 22, 2011 4573 posts

May 21, 2014 at 12:16

Member Since Feb 22, 2011 4573 posts

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

Member Since Apr 09, 2014 890 posts

May 21, 2014 at 17:02

Member Since Apr 09, 2014 890 posts

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....

psaTrading

Member Since Apr 09, 2014 890 posts

May 22, 2014 at 13:36

Member Since Apr 09, 2014 890 posts

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

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

psaTrading

Member Since Apr 09, 2014 890 posts

May 23, 2014 at 15:33

Member Since Apr 09, 2014 890 posts

Been stopped out & accepting the loss.

Happy trading!

psaTrading

Member Since Apr 09, 2014 890 posts

May 28, 2014 at 14:28

Member Since Apr 09, 2014 890 posts

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

psaTrading

Member Since Apr 09, 2014 890 posts

May 29, 2014 at 16:06

Member Since Apr 09, 2014 890 posts

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

psaTrading

Member Since Apr 09, 2014 890 posts

May 30, 2014 at 15:31

Member Since Apr 09, 2014 890 posts

No range to trade my strategy!

Which you all a nice weekend.

psaTrading

Member Since Apr 09, 2014 890 posts

Jun 02, 2014 at 16:39

Member Since Apr 09, 2014 890 posts

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?

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

psaTrading

Member Since Apr 09, 2014 890 posts

Jun 03, 2014 at 11:25

Member Since Apr 09, 2014 890 posts

Nice short on Dax:

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

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

psaTrading

Member Since Apr 09, 2014 890 posts

Jun 04, 2014 at 16:22

Member Since Apr 09, 2014 890 posts

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.

psaTrading

Member Since Apr 09, 2014 890 posts

Jun 05, 2014 at 13:03

Member Since Apr 09, 2014 890 posts

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.

psaTrading

Member Since Apr 09, 2014 890 posts

Jun 06, 2014 at 16:04

Member Since Apr 09, 2014 890 posts

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

Which you all a nice weekend.

EURUSD	1.13532	GBPUSD	1.3351	AUDUSD	0.64809
USDJPY	143.171	USDCAD	1.37923	USDCHF	0.8249

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