awesome...go for it!
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My FX Journal
- Thread starter sakhter
- Start date
Quote from sakhter:
Took the rest of the night off & had nice 15 hours of sleep. Not going to meet my goal of 1,000 pips a week considering I started the journal mid-week. Oh well.
Missed some opportunities due to my slumber last night.. but no sweat.
GBPJPY buy-stop 158.30 take profit 158.96
projected profit = 66 points
GBPYJPY buy-stop 159.19 take profit 159.30
projected profit = 11 points
total projected: 77 points
total accumulated: 83
gbpjpy buy-stop at 158.30 is now at a -162 point loss. Have not closed the position. Waiting for rebound back
Down -79 points for the week about -$790
the other gbpjpy buy-stop was never executed. I have placed another buy-stop at 157.36 with t/p 157.63 for 27 point profit.
total projected for next 3 positions: 104
total floating-loss: -162
total accumulated: 83, net: -79
Currently, I have 1 pending and 1 executed long GBPJPY trade in the negative.
However, a high probability short-scalp && long-scalp forming for the GBPJPY..
I am preparing to place pending short-stop order, at higher volume, of 25 standard lots @ 156.43 with take profit $156.38. For $1,250 gain.
If price continues to move south down, Exit the GBPJPY buy-stop 158.30 take profit 158.96 order at 156.28 for a -200 point, or -$2,000 loss. Sell-stop 10 standard lots @156.28 with take-profit 156.16 for 12 points, or $1,200.
Net if trend is down = $2,450 - 2000 = $450.
Otherwise, hold GBPJPY buy-stop 158.30 take profit 158.96 Buy-stop again with 10 standards lots @156.98 with take-profit 157.07.
If price continues towards the upside buy-stop 1 standard lot @157.43 take profit 158.38
Net if trend is up(closed all positions) = $1,200 + $900 + $950 + $80(158.30 buy-stop closed at 158.38) = $3,130
However, I may hold the original buy-stop.
However, a high probability short-scalp && long-scalp forming for the GBPJPY..
I am preparing to place pending short-stop order, at higher volume, of 25 standard lots @ 156.43 with take profit $156.38. For $1,250 gain.
If price continues to move south down, Exit the GBPJPY buy-stop 158.30 take profit 158.96 order at 156.28 for a -200 point, or -$2,000 loss. Sell-stop 10 standard lots @156.28 with take-profit 156.16 for 12 points, or $1,200.
Net if trend is down = $2,450 - 2000 = $450.
Otherwise, hold GBPJPY buy-stop 158.30 take profit 158.96 Buy-stop again with 10 standards lots @156.98 with take-profit 157.07.
If price continues towards the upside buy-stop 1 standard lot @157.43 take profit 158.38
Net if trend is up(closed all positions) = $1,200 + $900 + $950 + $80(158.30 buy-stop closed at 158.38) = $3,130
However, I may hold the original buy-stop.