Tradingjournal
GBPUSD, 3rd time lucky?For those following me closely,
We were +5 pips on this trade
Then -20 pips on this trade because we gambled (please do not gamble, stick to your trading plan)
Then +9 pips again
I think we had a too close a SL, and trailing stop. Lets hope we are 3rd time lucky. Please give us a chance to enter at 1.3100
Finger crossed, pls let us enter again.
GBPUSD Side BET to make a small winningOk, this is based purely on gambling.
I'm not going to be at my desk so we are risking a small amount to see if we profit from this trade that kicked us out with just a 5 pips profit..
We were kicked out of the 1.2994 short trade.... because of the trailing stop...
USDJPY New Entry PointNew Entry Point 107.84
I have changed the entry point as price action changed.
Previous trade had a lower entry point. But seeing price action, the lower entry point might not hit anytime soon.
Current Results:
Total Trades: 7
Total Win: 1
Total Loss: 3
Total Open: 3
Total Profit: -180 Pips (This is sad, we are down 180 pips)
USDSGD Lets not be greedy, I choosed the highest supply zoneIf you followed the 3 zones to short, I have decided to go with the highest zone.
Below are my entry, stop loss, take profit.
Enter: 1.3732
SL: 1.3757
TP: 1.3682
Order has been placed. Will let you guys know if its cancelled.
We were stopped out on the GBPNZD trade because we were too greedy looking at the H1 time frame. Will be looking at the H4 timeframe for our second chance.
Another 3% in 20 days?I personally do not like this stock but it is close to all time low, good value.
Enter 17/09/19 at $1.08
Exit at 1.12 in 20 days?
Past trades
Singapore airlines (Live trade)
Entered: 22/08/19 8.92
Exit: 13/09/19 9.19
Spotted but never managed to buy in
City Development (did not managed to enter)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
M04 Mandarin Oriental International Limited Enter at $1.54Yesterday 18/9/19
M04 Mandarin Oriental International Limited signal was triggered.
Enter at $1.54 and exit at $1.59
I have yet to enter into this trade but this looks a promising trade. Great hotel chain which now operates 32 hotels and six residences in 23 countries and territories.
The Group’s global reputation continues to be reflected in numerous awards from respected associations – Group restaurant outlets across the portfolio currently hold 23 Michelin stars, more than any other hotel brand in the world.
I am abit unfamiliar with this name, might need more research before deciding to enter!
Spotted 4 stocks on 17/09/19 did not entered any of them. OUE actually took profit today at $1.53.
Spotted but never managed to buy in
City Development (Done TP 9 days)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
OUE (Done TP 2 days)
Enter: 17/09/19 $1.48
Exit: When price hit $1.53
Sembcorp Marine
Enter: 17/09/19 $1.3
Exit: When price hit $1.34
Singtel
Enter: 17/09/19 $3.21
Exit: When price hit $3.31
Multiple stocks was flagged out today... OUE Never entered this trade as the money from the SIA trade still not back in account.
If price stay at $1.48 when money is in account, will have a go at it. Will be choosing between, Yangzijiang, OUE, Sembcorp Marine, Singtel, UOB Kayhian.
Past trades
Singapore airlines (Live trade)
Entered: 22/08/19 8.92
Exit: 13/09/19 9.19
Spotted but never managed to buy in
City Development (did not managed to enter)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
OUE
Enter: 17/09/19 $1.48
Exit: When price hit $1.53
3rd stock flagged out for investment opportunity Sembcorp MarineMany stocks were flagged out for investing opportunities today but the money is still not in from the SIA trade.
Past trades
Singapore airlines (Live trade)
Entered: 22/08/19 8.92
Exit: 13/09/19 9.19
Spotted but never managed to buy in
City Development (did not managed to enter)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
OUE
Enter: 17/09/19 $1.48
Exit: When price hit $1.53
Sembcorp Marine
Enter: 17/09/19 $1.3
Exit: When price hit $1.34
The best stock among the rest that was flagged out todayThis is the best stock flagged out today. Hopefully price will still be there when our money comes back!
Singtel
Enter: 17/09/19 $3.21
Exit: When price hit $3.31
Past trades
Singapore airlines (Live trade)
Entered: 22/08/19 8.92
Exit: 13/09/19 9.19
Spotted but never managed to buy in
City Development (did not managed to enter)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
OUE
Enter: 17/09/19 $1.48
Exit: When price hit $1.53
Sembcorp Marine
Enter: 17/09/19 $1.3
Exit: When price hit $1.34
Singtel
Enter: 17/09/19 $3.21
Exit: When price hit $3.31
USD/JPY - Fibonacci Retracement & Double Top4HR and 1HR Timeframe depicts a double top. Price broke the neckline and is now currently retracing. Price is sitting at Fib Level 38.20% (Green Zone) - Price action indicates that bears have some momentum. I think bears will start to reach resistance right around Fib Level 50.00% if bears continue to remain strong last enter could be around Fib Level 60.00%. If bears show no weakness and close pass the final price entry I would consider this trade a no go as rules would be broken. Ultimately looking for some signal of price action to enter the trade.
Note: There are two key levels that price is currently heading towards. Be on the lookout for some consolidation and signs of entry at these areas of possible opportunity.
Trading Journal #12
- Austin S.
GBP/AUD - Buy Zone GBP/AUD has hit the major resistance level for a second time to the downside and price action shows that theres is consolidation followed by some light bullish action to the upside. Price consolidated in the buy zone and eventually closed above the top level of the buy zone. Market structure depicts a triple bottom. Now looking to see how price plays out at the 38.20% Fib Level. Ideal situation would be a major bullish influence at the 50%. Could buy at the 38.20% level but would have to wait for further confirmation that price will be heading to upside. Price has been rejected strongly at the "Buy Zone" so I think the overall trend will be to upside.
Trading Journal #13
- Austin S.