Hello everybody! Thought I'd begin a journal here because I think it'll help improve my trading tremendously. Plus I expect to hear from some vets on here as this journal progresses
Goal
To consistently win transactions, no matter how small.
Time Frame
Longer-term trades appeal to me . However, I've been known to scalp from time to time I typically examine the 4-hour, 8-hour, and daily charts. For shorter-term transactions, 5-minute and 15-minute charts float my boat.
Analysis
Technical
Indiors/Oscillators Used
MACD, RSI, EMA, bollinger bands
Pairs Traded
EUR/USD
USD/JPY
GBP/USD
USD/CHF
Anyhow...
I deposited a decent sum of money to a micro account ($3,000 to be accurate ) within a week ago, using a preexisting balance of $200, making the total account balance $3,200 as of a week or so ago.
Since that time, I've placed several winning trades and also a few losing trades. The losing transactions, however, have done more damage. I'll begin this journal with last night's losing commerce...