Starting my trading journal here on my live account

I lost the last trade so I’m at +105pips now. I’m going to make full use of any setups that works in my favor by increasing my first takeprofit to 90 pips and 2nd to 200pips. This way I win 290 pips if I win and lose 60 pips if I lose.
I’m still risking only 5% combined for the two trades, and as usual I’ll move my stop-loss to break even after I’m 50-55pips up.

I’ve been sick for almost a week so I haven’t posted here in a while. But I’ve learned how to apply my strategy on the 4hr time-frame.
Just placed a trade using a signal on the 4hr chart. My signals on the daily charts are hard to come by, that’s why the winning rate is high. But I’m trying out the same price action strategy on the 4hr chart now but not lower than this.

EURUSD
Sell at 1.10520
Tp 1.10236
SL 1.10834

I used a risk reward ratio of 1:1 because it’s the only way my targets are hit more often on the smaller 4hr chart time-frame.
Goodluck

I just moved my stop-loss to 1.10600 as I’m 24 pips up
Goodluck guys

I’ve not been here for ages, but I’ll try to be back now. I’ve modernized my technical analysis to strictly support and resistance levels trades.
I took a buy 6 hours ago on the usdchf at 0.96922 and my Tp 0.97241, SL 0.96680 it’s about to hit the target this morning so I’ve pushed up my stop-loss by 15 pips.
Just minutes ago I took some trades
eurnzd- sell at 0.67142, Tp 0.6680, SL 0.67442.
Usdcad- buy at 1.28452, Tp 0.29160, SL 0.27980.

In the eurnzd, there was a bearish pinbar at the 4hr chart on the resistance level of 0.67300
And on the usdcad chart, there was a bullish pinbar on the daily time-frame at support level 1.27640
Hopefully the targets are hit without any fundamental news interference.

All my trades were wins today, and I got a cool 132pips in total. 30 pips for usdchf, 30pips for eurnzd and 72 for usdcad. Looks like I have some good money for the weekend :cool: ������ See you on Monday.

Some minutes ago I took a sell in NZD/USD.
Sell signal 0.67961, SL: 0.68400, TP1: 0.6760 TP2: 0.67350

There was a pinbar at the resistance level of 0.68203 on both 4hr chart and 12hr chart so I placed two trades risking just 1 % each. I’m hoping that the profit for the 4hr chart pinbar hits TP1 and the 12hr chart hits TP2.

Lost that nzdusd pair yesterday but it’s now coming down lol. Luckily I risked just 2% since I wanted two target levels.
I took a trade on AUDUSD
Sell at 0.73232, TP- 0.72020, SL- 0.7374

I took a sell at the daily chart after a pinbar was formed at the resistance level of 0.73300. I took my usual 3% risk because this is a popular currency pair and I’m already 45 pips up but I’m hoping for 120pips.

I closed with a profit of 100pips. I closed because of that strong AUD fundamental news as I can’t guarantee that it won’t move the market against my trade. 100pips is still a good gain.
After yesterday’s 40pips loss, rebounding today with 100 pips feels good :slight_smile:

Sell at 0.73232, TP- 0.72020, SL- 0.7374

The trade still hit the 120pips target that I set. It seems the aud fundamental news had no effect. If anyone had more nerves of steel than me, they’ve got 120pips :slight_smile:

I just placed another trade on the Eur/usd
Sell signal at 1.12329, TP- 1.12020, SL-1.12520

I took a sell at the pinbar on the 4hr chart because it falls nicely on that resistance. Hopefully a nice profit to start the day

watching your thread, im a beginner trying to trade support resistance style.

please keep going with your thread! :slight_smile:

Thanks. I’ve been trying to avoid indicators since I’m not good at using them. But price action with support and resistance is more reliable for me.

I forgot to post my trades today.
I took a sell on AUDUSD
Sell signal at 0.7253, TP: 0.7114, SL: 0.7283

Another pinbar hit a resistance area so I took it, I moved my stop-loss to break even after going 50pips up. Hopefully I get a win :slight_smile:

Just took another trade on Eurusd
Sell signal at 1.11524, TP: 1.10162, SL: 1.11832


This is a risky trade because the pinbar didn’t hit my resistance line, but it’s clearly in a resistance area so I took it. My money management style of 1:4.5 should bail me out in the long run.

I took a sell on the Eurcad
Sell signal 1.46084, TP: 1.4477, SL: 1.46416

I saw this signal before the Eurusd trade I took, but I wasn’t sure if it is a resistance level. After checking 4 sites all their resistance levels touch the pinbar so I decided to go ahead and sell this morning. Hopefully the strong fundamental news for CAD later today puts this in my favor.

Fundamentals cleared my trades on Friday, forex factory anticipated a positive move for the dollar so I went ahead since my trades were supporting the dollar but as usual fundamentals spoil the day lol.
I forgot to post my trades today, I took a buy on AUDUSD
Buy signal 0.73300, TP: 0.73659, SL: 0.73109


Clear pinbar on the 4hr chart so I took 35 pips. No other clear trades today so far though.

Another setup on the EURCAD,
Buy signal at 1.45165, TP: 1.45490, SL: 1.45000


Clear pinbar on the support there so I took a buy. I’ve won the 32 pips already.

Another Buy signal on the euraud at 0.52566, TP: 0.52896, SL: 0.52416


Another pinbar, but I’m 20 pips up so far, a rather annoying pinbar against my trade has appeared on the 5mins chart so I’ve moved my stop-loss to break even incase of anything.

The euraud stopped me out on break even.
I’ve taken another trade on usdjpy
Sell signal at 107.335, TP: 106.000, SL: 107.637


A clear pinbar for a strong sell signal supporting the trend, so I’m 40pips up currently so I’ve moved my stop-loss to break even again. I won’t touch the trade till it hits my target or stop-loss.

I just took another trade on the EURCHF
Sell signal at 1.09643, TP: 1.09354, SL: 1.09803


A pinbar is supporting the trend after retracement, so hopefully it hits the target.

Just won the EURCHF trade +30pips.
There’s no setup in the new 4hr chart so I’ll wait for the next 4hr for another.
But I just realized that I missed a trade signal on the Gbpjpy daily chart for a clear 100pips profit, so annoying, why do I always miss the good ones? :frowning: