nzd/jpy 1hr stop/target
Adventures of a Trader 2
- Thread starter cashmoney69
- Start date
Went long E/U before I went to bed because the charts looked
good, but instead of buying at market I set a limit order. Was
oversold on my 4hr, and it made a nice upward candle, but it
didnt hold up.
Long EUR/USD @ 1.5706
Target: 5850 ( 144)
Stop: 5645 (61)
- 61 pips
- 2 spread
PnL -63.00
good, but instead of buying at market I set a limit order. Was
oversold on my 4hr, and it made a nice upward candle, but it
didnt hold up.
Long EUR/USD @ 1.5706
Target: 5850 ( 144)
Stop: 5645 (61)
- 61 pips
- 2 spread
PnL -63.00
screen shot 1 & 2
.
Sorry for not posting a PnL recently. Ive been holding NZD/JPY
short for a few days, and its been going pretty much no where.
Building data comes out this afternoon for NJ, so that should get
things going.
short for a few days, and its been going pretty much no where.
Building data comes out this afternoon for NJ, so that should get
things going.
So here is probably one of the worst trades I've had so far this
year in the time wasted, the the technical analysis didnt hold up,
and an execution mistake i made .. [/b]
5/27/08
Short 2 NZD/JPY @ 82.26
Target: 81.00 ( 126)
Stop: 82.50 (24) (by mistake only 1 lot was executed)
5/28/08
Cover 1 @ 82.52 --> PnL - 31.00
Short 1 lot @ 82.21
Target: 81.00 (121)
stop: 82.70 (49)
5/29/08
Cover 2 @ 82.40
PnL 41.82
Lesson learned: Even though my stop didnt cover both lots, I should have covered the other lot asap, sinse that was the original plan.
year in the time wasted, the the technical analysis didnt hold up,
and an execution mistake i made .. [/b]
5/27/08
Short 2 NZD/JPY @ 82.26
Target: 81.00 ( 126)
Stop: 82.50 (24) (by mistake only 1 lot was executed)
5/28/08
Cover 1 @ 82.52 --> PnL - 31.00
Short 1 lot @ 82.21
Target: 81.00 (121)
stop: 82.70 (49)
5/29/08
Cover 2 @ 82.40
PnL 41.82
Lesson learned: Even though my stop didnt cover both lots, I should have covered the other lot asap, sinse that was the original plan.
heres a look at the daily for NJ
Short 1 lot GBP/JPY @ 208.08
Target: 205.50 (258)
Stop: 208.97 (91)
Target: 205.50 (258)
Stop: 208.97 (91)
Cover GBP/JPY @ 208.97
- 89 pips
+ 7 spread
PnL -96.00
Had a feeling those lines were going to act as support, but the market was overbought, MA's had crossed, and it was 126 pips off its highs and it looked like a nice down trend in the making.
Down to 150.40 account balance. Not like I havn't been down this road many times before. I cant keep doing this..I DONT FU--ING UNDERSTAND WHY NOTHING I DO WORKS, only when I get to such low points, am i able to come back...almost by some miracle
goddamn..just cant do anything right this week. Im gonna get f---in wasted .
:eek:
Be easy on me I'm having a rough day. I didnt even feel like posting this crap, but I dont want this journal to be bias....so here it is.
- 89 pips
+ 7 spread
PnL -96.00
Had a feeling those lines were going to act as support, but the market was overbought, MA's had crossed, and it was 126 pips off its highs and it looked like a nice down trend in the making.
Down to 150.40 account balance. Not like I havn't been down this road many times before. I cant keep doing this..I DONT FU--ING UNDERSTAND WHY NOTHING I DO WORKS, only when I get to such low points, am i able to come back...almost by some miracle
goddamn..just cant do anything right this week. Im gonna get f---in wasted .
:eek:Be easy on me I'm having a rough day. I didnt even feel like posting this crap, but I dont want this journal to be bias....so here it is.