Thread: JBs Trading Journal

This is a diary I am keeping in order to monitor and track trades for an account I am trading. Most of these trades will be longer term (4Hr TF and over ). I would like to get into the practice of setting clear stop losses, consider profits (where necessary) and most importantly motives for the trade.

The format for posting each trade will be:

CURRENCY
SELL/BUY @ PRICE
STOPLOSS
TAKE PROFIT
REASONS FOR TRADE
CHARTS

As this diary is mostly for myself I would respectfully ask that it doesn't get cluttered with aimless posts, but feel free to constructively criticise if you are a successful trader with expertise.

Trade 031
EUR/USD
Long @ 1.3219
SL @ 1.3175
TP @ 1.3330

Reasons:
Watch last closed trade and underside of descending channel (tan lines 1hr chart).

Chart (1HR):

Trade 002
CAD/CHF
Sell @ 0.9527
Stoploss - Already moved to 0.9525
Take Profit - Maybe Not Put

Reasons
1. Strong resistance (yellow areas).
2. Rejection of all decending trendline.
3. Trading with long term trend.

Comments
Stop was transferred to break even fairly shortly after price transferred and can be above the final 4hr high which can be a bonus.

Originally Posted by ;

Trade 001
EUR/CAD
Sell @ 1.4044
Stoploss @ 1.4152
Take profit @ 1.3700

Stoploss ammended @ 1.4040

Originally Posted by ;

Stoploss ammended @ 1.4040

Trade stopped @ 1.4040 ( 4)

Trade 003

EurUsd
Sell @ 1.3955
Stoploss @ 1.4035
Take profit @ N/A

Reasons:
1. Split and re-test of 4Hr Trendline
2. Strong resistance round the 1.400 region
3. High R:R ratio

Originally Posted by ;

Trade 002
CAD/CHF
Sell @ 0.9527
Stoploss - moved to 0.9525
Take Profit - Not set

Trade Ceased @ 0.9525 ( 2)

Trade 004
EurAud
Sold @ 1.4154
Stoploss initially @ 1.4186
Stoploss ammended @ 1.4140
Take profit @ N/A

Reasons:
1. Resistance (yellow box)
2. 50% Fib
3. Late entry on weekly pin bar
4. With long term trend

Trade 005
Gbp/Usd
Sell @ 1.5886
Stoploss @ 1.5920
Take profit @ 1.5805

Reasons:
1. Split and re-test of 4Hr Trendline
2. 1Hr trap pub off Weekly Pivot

Originally Posted by ;

Trade 004
EurAud
Sold @ 1.4154
Stoploss originally @ 1.4186
Stoploss ammended @ 1.4140
Take profit @ N/A

Stoploss ammended @ 1.4114
Take profit installed @ 1.4010