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7/27/2007 +$417.36, 2 trades (2W) EURUSD: +6.5/24 USDJPY: +42.5/87 B The one USDJPY position I opened up last night and let ride overnight - didn't reach the original target, so closed this morning before US GDP release (regardless, I am still satisfied with the profit). Felt good this...

You're right, but when grading and reviewing the day I have to look at how I obeyed the rules and felt watching the screens. So I may be pulling in more cash, but I think that is based too much on luck... and I know all too well that luck goes both ways in a hurry. Thanks for the well...

7/25/2007 +$248.33, 6 trades (5W, 1L) EURUSD: +15.5/53 USDJPY: +17/42 C I'm just not feeling in sync right now. Thinking more of reaching my target this month and not of the opportunities. Going to take tomorrow off before I get myself into dangerous waters.

7/24/2007 +$172.99, 5 trades (4W, 1L) EURUSD: +3/31 USDJPY: +20/30 C Felt better than yesterday... clear head waiting for setups. Decent movement in both pairs.

7/23/2007 +$259.33, 8 trades (6W, 2L) EURUSD: +5.5/22 USDJPY: +29.5/47 D Today was not good - found myself getting frustrated, broke rules, and over traded... A dangerous combination and should consider myself lucky with the results. Got 15 pips from USDJPY last night (not shown on chart)...

Don't feel bad about today - be happy you took the stop at 121.89 and didn't wait any longer to get out!

7/20/2007 +$234.00, 2 trades (2W) USDJPY: +36/121 C Closed positions from the other day - one was closed at target but the other I closed way before target. I was concerned about the channel that had developed over the past few days and was tired of keeping the position open. Turns out I...

7/19/2007 +$40.00, 1 trade (1W) EURUSD: +5/18 A Didn't have much time to watch today - just a quick scalp.

7/18/2007 No trades today.

7/17/2007 +$40.00, 1 trade (1W) EURUSD: +5/22 A Watched briefly this morning with no real expectations. Saw what turned out to be a good move, but was waiting for a few more pips before entering and ended up missing the ~15 pip move. Was able to pacify the feelings of regret and take the...

7/16/2007 No trades today.

You'll find it in your TB profile: http://kb.mozillazine.org/Profile_folder_-_Thunderbird

Nothing is automated, just a bunch of sitting on my hands during the few hours I have to watch the screens. At some point I may attempt to automate the entries and exits.

Thanks for reading OnGoing. I think it is really amazing how we (I say "we" as in most traders) have almost identical problems. Trading out of the home limits my exposure to other traders and their experiences and that is why I decided to start this journal here. The people who have posted...

If I am following the rules, the stop is 5 pips or a few beyond the mid BB (depending on the width of the upper and lower BBs), and the target is the lower or upper BB of the 3 min chart. Yesterday I did not follow the rules of the system (and a "B" grade was generous) - instead I was looking...

7/13/2007 +$45.50, 1 trade (1W) USDJPY: +7/17 B Like yesterday time was limited and the single position was actually taken last night, didn't watch in the morning. Rolling over two USDJPY positions that have yet to reach targets/stops.

7/12/2007 +$156.00, 2 trades (2W) USDJPY: +24/77 B Only intermittent trading time today, so can't complain too much with the results. Rolling over two USDJPY positions.

7/11/2007 +$131.20, 4 trades (3W, 1L) EURUSD: +7/36 USDJPY: +13/32 C I have gotten better since starting this journal, but it is sometimes difficult dealing with the thoughts and "what ifs" when I was on the right side of both pairs before the big moves yesterday but closed everything...

7/10/2007 +$4.79, 3 trades (2W, 1L) EURUSD: -5/8 USDJPY: +7.5/16 B Got stuck in a sideways trend on the single EURUSD trade and took the loss rather than being on the wrong side of a breakout.

Are you certain you want to give up so quickly? Daytrading really takes a different mindset and you're probably still in the position trading mode that you've been successful with in the past. Give it a few months and then decide whether or not it is right for you.