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    LouDogg's Spot Forex Trading Journal

    Lou Dobbs, not really. Its more my poor suburban gentrification of snoop dogg. As far as my trading experience goes, it is a bit haphazard so say the least. I first started with Dow Stocks with what I guess could be called a swing trading system. I really didn't win or lose too much, but I...
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    LouDogg's Spot Forex Trading Journal

    Came very close to being stopped out (Within 4 pips). Too close if you ask me. Limit was hit for a gain of 25 pips. So for the week, the record stands as 2/17/4 +65 2/18/4 +19, -1 2/19/4 +25 for a total of +108 Analysis of trades: 2/17/4 It is rare that I can call...
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    LouDogg's Spot Forex Trading Journal

    Wrong stop. Should be 1.2675
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    LouDogg's Spot Forex Trading Journal

    Got in from from work. Euro/US has dropped to 1.2640. Looking at 4 and 8 chart, should go down further. My pick then is Sell Euro/ US at 1.2645 Buy at 1.2620 Stop at 1.2655 Use 2% of capital Just looking for small move now. I'll wait until Sunday to make a determination on where...
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    LouDogg's Spot Forex Trading Journal

    I'm doing cash for now. I want to make the move to futures soon though. Velocity is located right here in Houston so I thought about working through them. I use Refco currently for the cash market. I have no problems with them. Sometimes they can be a little slow, though. The reason why I...
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    LouDogg's Spot Forex Trading Journal

    Okay, this what I actually did. Instead of listening to my trading rules, I entered a sell at 1.2702. My thought was that it would start drop immediately. Of course it ran up 20 pips. So realizing that it now was pretty near my original target, I entered another sell order at 1.2725. I chickened...
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    LouDogg's Spot Forex Trading Journal

    Just got back from work. Right now the Euro/US appears to be range bound in low 1.2700 - 1.2730. I'm not really sure if this is the actual bottom or if it just waiting to go further lower. After looking at the 4, 8, and daily chart my feeling is that it is going lower. Where, I am not sure. I...
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    LouDogg's Spot Forex Trading Journal

    Decided to go to bed early and missed the big swing down. Oh well, I'll look at the charts again after I get back from work and see what's happening then. Probably move a little further down then a nice bounce up.
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    LouDogg's Spot Forex Trading Journal

    Limit Hit for a gain of 65 Pips. Now looking to possible sell at 1.2930
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    LouDogg's Spot Forex Trading Journal

    What's up Y'all. I have started this journal to help me traverse the mess which is the Spot Forex market. While I have been trading for about 18 months, it has only been in the last three that I have developed the consistency that I have striving for. This has mainly come about from actually...
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