Tradergreg Forex

Stop moved to 1.1002.

When I was on top of my game I would have liked to roll this to the weekly. Unfortunately I'm in profit-defending mode as I'm not in tune with the market as much anymore and can't get a good read. It will take time.
 
And there we have it.

Long AUD/USD Result: 1.1002-1.0908= +94 pips = +0.72 risk points

3 Wins, 11 Losses.

Win Percentage: 3/(3+11) = 21.4%

Cumulative Risk Premia: -2.54

Average Risk Premia: about -0.18 risk points

Last trades, recent at top:

+0.72
-0.29
+1.85
-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
Two new orders. As they both have the USD, again they are OCO

Long AUD/USD
Trigger: 1.6225
Stop: 1.6417
Cancellation: 1.6446 or Wednesday 5:30 pm
Risk: 192 pips = 1.18% of mark = 1.00 risk point

Short EUR/USD
Trigger: 1.4168
Stop: 1.4401
Cancellation: 1.4423 or Wednesday 5:30 pm
Target: 1.3914 (limit out at this mark)
Risk: 233 pips = 1.64% of mark = 1.00 risk point

3 Wins, 11 Losses.

Win Percentage: 3/(3+11) = 21.4%

Cumulative Risk Premia: -2.54

Average Risk Premia: about -0.18 risk points

Last trades, recent at top:

+0.72
-0.29
+1.85
-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
I made a mistake. That first order was on the GBP/USD

The GBP/USD would have triggered at 8:15 am, the EUR/USD at about 3:15 am. So in EUR/USD.

I'm not persuaded that this is just a holding period within an uptrend, so I'm tightening my stop down to 1.4260. I may revisit it later tonight and close it after thinking it over.
 
Quote from TraderGreg:

After about 14 months since I quit trading, .......
I believe the main causes to be:

1. No life balance - no women, too much time at my computer, not healthy enough social life, too consumed by my own thoughts.
More...

Reading your log and I can tell you one thing based from my own experience. Get away from the noise of day trading. And stick with long term trading.

Long EUR since Jan of this year and holding. Target 175
 
Quote from Compulsive:

Reading your log and I can tell you one thing based from my own experience. Get away from the noise of day trading. And stick with long term trading.

Long EUR since Jan of this year and holding. Target 175
More...

Thank you for sharing your experience. I don't intend to go back to intraday.
 
Stopped out at 1.4260

Trade Result: 1.4161 - 1.4260 = -99 pips = -0.42 risk points

3 Wins, 12 Losses.

Win Percentage: 3/(3+12) = 20.0%

Cumulative Risk Premia: -2.96

Average Risk Premia: about -0.20 risk points

Last trades, recent at top:

-0.42
+0.72
-0.29
+1.85
-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
New Order

Short USD/CHF
Trigger: 0.7804
Stop: 0.7676
Cancellation: 0.7603 or Friday 3:50 pm
Target: 0.8073 altho earlier target as well (limit out at this mark)
Risk: 128 pips = 1.64% of mark = 1.00 risk point

Record: 3 wins, 12 losses

Cumulative risk points: -2.96

It's remarkable that elitetrader still only allows 2003 xls files.
 

Attachments

The last order should have read "long", not short.

New Order

Long USD/CHF
Trigger: 0.7326
Stop: 0.7180
Cancellation: 0.7180 or Thursday 5:30 pm
Risk: 146 pips = 1.99% of mark = 1.00 risk point

Record: 3 wins, 12 losses

Cumulative risk points: -2.96

Normally I would think this trade is foolish if not an outright waste, but the intraday signals look amazing. This leads me to believe that the trade has the potential to be a major intraday, daily, weekly, and even monthly reversal. If any percentage of that is true, I intend to take a chunk from it.

This will be fun. : )
 
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