Ok so this trading diary is going to stat from the 1st February.
Month Started = £201.04
Current Balance = £331.12
% Return = 64.70%
£ left to target = £4’999’999’668.88
I’m just going to post the trades that I have taken so far below… Future trades may… if you are lucky… have a little bit more analysis to them but for now, just to bring things up to speed here is what has happened since 1st February.
Trade 1.
08/02/2013 (UK Date Format - Deal with it :D)
Sell GBP/USD / £0.15 per point / Entry 1.57137 / Stop 1.58446 / Exit 1.56184 / Profit + £14.30 / + 7.11% / £215.34
Alrighty!!! so I was looking at jumping on the GU short train for a while and finally took the plunge hoping that it would get me off to a decent start… Well it did to the tune of + 7.11% but looking back I would have seriously been laughing had I held onto it for a few more days.
Trade 2.
12/02/2013
Buy EUR/USD / £0.35 per point / Entry 1.34141 / Stop 1.33520 / Exit 1.34158 / Profit + £0.60 / + 0.28% / £215.94
Well call me buter fingers or something but I took this trade by mistake… either too much wine or not enough sleep… more likely both. anyway cancelled after a opening but hey £0.60p is £0.60p!
Trade 3.
12/02/2013
Buy EUR/USD / £0.20 per point / Entry 1.34186 / Stop 1.33520 / Exit 1.33520 / Loss - £13.32 / - 6.17% / £202.62
What?.. wha?.. huh… I lost a trade? crap!! I’m not going to make gogazillions trading like this!!! slaps
Trade 4.
08/02/2013 - 12/02/2013
Sell GBP/USD / £0.15 per point / Entry 1.57137 / Stop 1.57137 / Exit 1.56598 / Profit + £8.09 / + 3.99% / £210.71
So this is the second part of trade 1 above… looking back I must have tried to be smart by taking half my position off and left this one running… well at least it is a +!
Trade 5.
20/02/2013
Sell AUD/USD / £0.45 per point / Entry 1.03509 / Stop 1.03748 / Exit 1.03265 (£0.22) / Profit + £5.37 / + 2.55% / £215.37
20/02/2013 - 21/02/2013
Sell AUD/USD / £0.45 per point / Entry 1.03509 / Stop 1.03748 / Exit 1.02403 (£0.23) / Profit + £25.44 / + 11.81% / £240.81
Well this is looking a bit better. Thought AUD was looking good to short… so i shorted it… took half the position off somehwere near a 1:1 rr to make it a ‘risk free trade’ but price kept on movin on down… finally closed the position when looked at weekly charts and saw that we were at previous support area… Basically I took ma monay and ran!!.
Trade 6.
20/02/2013 - 21/02/2013
BUY USD/CHF / £0.58 per point / Entry 0.91930 / Stop 0.91479 / Exit 0.93156 / Profit + £71.11 / 29.53% / £311.92
SUUURRRWWEEEEEETTTTTT!!! right so I’m going of to my bedroom to relieve myself somewhat after this trade…
had my eye on USD/CHF for a few days looking for a decent entry and finally got one on the 20th… was in two minds as to whether I should seel or hold onto this position today but a 23.53% increase is something I couldn’t turn down…
Trade 7.
20/02/2012 - STILL OPEN
Sell EUR/USD / £0.21 per point / Entry 1.33910 / Stop 1.35203 / Exit (£0.10) 1.31990 / Profit £19.20 / 6.15% / £331.12
Well Ive got a short on EU going at the moment and currently sitting pretty at +206pips… looking at the charts I’m going to keep this running and hopefully see some further falls in the near future.
Well I have just taken half of this position off. The move looks like it is done for today and I wanted to get this trade into a ‘risk free state’. so I have taken half the position off and tightened my stop to 1.35203… I’ll now be happy to just keep on trailing my stops to any lower highs that are now formed until the trade gets stopped out. so anywhere between -40 to + 1000 pips coming my way!!
Promise I won’t copy :47: