Search results

I finished learning the Oanda platform over about two hours over the past two days (I was half through the walkthrough). I have no more exams for about three weeks, so hopefully I will be able to kick up my trading a bit. Good luck for the week.

Pre-Trading Today I felt pretty good about my pre-trading routine, with one exception I fall into sometimes. One of rule tells me not to enter any position until all my trading rules are read, my pivot points are calculated and marked, and draw my trendlines on ALL charts. By the time I...

Today was a very relaxing trading day for me (EUR/USD from about 8:35 to 11:00 eastern). I used my basic strategies with a bit more generosity on stops depending on the trends, and added in some new ways of drawing trendlines. I also was listening to some bluegrass, which has been my studying...

Today, I just spent about 2.5 hours watching the EUR/USD unfold tonight (while watching the Packers game as well). Although I did not calculate any pivots, I believed I took out a lot concerning forecasting potential breaks in trends, and was able to plan out some of would-be trades. This...

Although my title for this thread will remain in conflict, I will now be trading the EUR/USD exclusively. I have been extremely unhappy with the recent spreads on the EUR/JPY (four pips, not really a large percentage difference than the EUR/USD). These spreads have been both with Oanda and...

Daily trading reflection Tuesday 9/16/08 Pre-trading TOS spreads on both EUR/USD and EUR/JPY very high for second day in a row. Going to trade the EUR/USD with Oanda once the spread reaches 2 pips this evening, and will use the simple strategy that came close to b/e with the EUR/JPY (about...

I have it as pivot + range, but it seems that some others' might be a bit different than mine. Mypivots do seem to have the same calculations I use.

What I said about breakouts from trendlines is probably not a true statement, I just need to work on things a bit more. I will get it right.

Daily reflection Monday 9/15/08 I think I am starting to see a pattern develop with my trading, but it’s not the one I want. My reflections and journals keep getting more depressing. Anyway, there was a lot that didn’t go that well today. In 14 trades over three hours (at least I cut...

Not going to post individual trades right now. I am just below b/e at the moment

Definitely paid for that one. Lost about 7% or so, and went out to dinner. Back now and waiting for a new setup. Short 148.93

Forgot to keep pivot midpt in mind, as they are on separate charts ( I find trends better Oanda but charts better TOS). We will see if I pay for it.

Trend continuation short 148.85

Hmmm, 10 pip profit turned into 3 pip loss before I exited as rallied through downtrend line while I was writing in my journal... Just another stupid ass problem I keep having. Talk about encouragement for writing in your journal, haha.

I will also be monitoring the spreads on the EUR/USD and EUR/JPY throughout the session on Oanda to see if a change either to Oanda, EUR/USD, or both is justified. I am also working on learning their platform, although I only got through an hour of that before I reached 12 hours of trading...

Start of my trading day at 5:30. Rules read. Pivots calculated. Looking for entries at the 5min as promised Short about 149

Actually I have R3= R1 + range, so R4 = R2 + range R1= 2*pivot - low

Honestly I would love to have the time and ability to get up early to trade London hours, but it is just not possible. My hours need to be between 4pm-12am, and unfortunately the eur/jpy and maybe eur/usd is the only thing that swings enough based on research i did over the summer (if there is...

Actually I was going to stick with TOS because I like the platform and did not want to learn another one (I have demo'd many platforms and investigated many brokers), but now, after exploring some of their features, it is on my list for the weekend. I also didn't like the only 50:1 margin...

Does anyone trade EUR/USD asian session? I've been fairly dedicated to the EUR/JPY, but I'm considering going to the EUR/USD. The EUR/USD certainly has less movement here, but it definitely has movement. For example, the EUR/USDs charts did have 60 pip ranges both today and yesterday (Thurs...