Thread: SophieFXs Journal

Hi

The purpose of this journal is to log my own advancement over time as I learn and become a seasoned trader. I believe I'm slowly getting there

I have mainly been trading based on the daily chart, but have the chance to day-trade in the upcoming time, therefore I have made a trend following trading system based on 1H charts. This should lessen the stop space and possibly increase my profit potential while still keeping risk very low. I'm conservative and risk averse.

I track the next 6 currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/JPY, EUR/JPY and USD/CAD.

This is my starting point (and my objective is to eventually make 5% over benchmark rate (The Riksbank) per month on a consistent basis)

I carry a tiny draw down from a couple of losses on daily/4H EUR/AUD trades, but it is well within my acceptable limit of -10.00%. This is my uncle point.

August 2015
Starting balance: $500.00
Current balance: $521.95
Realized PL: $21.95
percent PL: 4.39%
No. Transactions: 10 | Wins: 7 | Losses: 1 | B/E's: two | win rate: 70.0% | R-multiple avg. Of winners: 1.00
Trading efficacy: 80 percent

I shall post my transactions as fast and close to live as possible.

Good trading to all of you.

Stay secure

Originally Posted by ;

quote Hey Yes, I'm, I know no other way really. Whenever I try out elaborate systems with lots of indiors and stuff, my head gets whirling and things start to stop making sense.... Currently, only short EUR/GBP anticipating FOMC. You in any places?

Yes I am currently having long CADSGD, long CADHKD, short USDCAD and long AUDNZD

Originally Posted by ;

knock knock... anybody home? are you still trading based on pure price action?

Hey judysfriend
Yes, I'm, I know no other way indeed.
Every time I try out fancy systems with lots of indiors and stuff, my head gets spinning and things begin to stop making sense....

Currently, only brief EUR/GBP anticipating FOMC. You in any places?

Knock knock...

anybody home?

are you trading based on pure price action?

Dear All

Hope you have had a nice Easter. I have had a rest from theforexforum.co.zaforum, largely because of some annoying messages and bad karma, but also to just focus in my life and do good trading. I have had some fascinating days these last few months doing a lot of EUR 200,- experiments in my account. Method will be to deposit EUR 200,- and once slowly in profit, keep pushing and pushing as hard as I can. This last round frees me nearly EUR 2.500,- in profit. See statement.

I trade pure price action, with no indiors except support and resistance lines, fractals, price formations etc.. Last round of profit came from USD/CAD using a projected profit target of 1.3140. Quite perfect exit if I am to say Last position was a whole standard lot. So time to cash out and begin using a new round of EUR 200,-

I mean to do a couple of posts on another round and if all goes well, it is possible to view my approach.

Enjoy a lovely weekend
Soph
https://www.forexforum.co.za/attachm...1360623022.pdf

HeyHey !
Sofie, I saw you´re from Sweden,
I worked 7 Years european wide for your famous furniture business.
Been many occasions there and like it much. .
Good luck with your trading and journal as well;--RRB-
Guido

Hi, great journal nice and clean.
Some great discretionary trades too, you clearly have a good trading knowledge.
How is the 1H system? Performing ok generally?
thx.

Originally Posted by ;

Out in 10.125 for -0,25%

Yes, monetary trading is about the proportions. Short USD/CAD to the Fed assembly THU..

Outside in 10.125 to Get -0,25%

I have bought DAX @ 10.150. SL 10.100 (50 points). TP open. Risk 1%.