2019-02-20. Two trades closed today. 1 loss and 1 gain.
Trade # |
264 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-20 |
Time Set |
6:11:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-20 |
Time Taken |
6:11:00 AM |
Session End |
NEW YORK |
End Date |
2019-02-20 |
Time End |
10:02:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
0.00 |
Hours Active |
0.16 |
Total Time Active In Hours |
1.93 |
Pair |
USD/JPY |
Daily Range |
138 |
Pip SL |
20 |
PIP TP |
30 |
R/R Ratio |
1.5 |
SL % DR |
14.49% |
Entry Price |
110.83800 |
TP Price |
111.12600 |
SL Price |
110.62600 |
H4 duck price |
110.42100 |
H4 duck price 30 bars ago |
109.91100 |
H4 duck price 60 bars ago |
109.47600 |
H1 duck price |
110.64400 |
H1 duck price 30 bars ago |
110.51300 |
H1 duck price 60 bars ago |
110.66700 |
M5 duck price |
110.78200 |
H4 Duck |
Strong slope higher, entry above duck |
H1 Duck |
Strong slope higher, entry above duck |
M5 Duck |
Entry above duck |
Level taken explanation |
Pair was bought AM. Pair is bullish as seen by H1 and the H4. Pair has pulled back and found support at 110.713. There is the 23 fib here. Thinking the price will head back in direction the trend by following the FTL |
Sl Placement |
SL is below eh support level and the RTL |
TP Placement |
TP is at swing resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
331.30 |
Amount Risked $ |
3.33 |
Risked % |
1.01% |
$ Gained/Lost |
-3.53 |
% Gained/Lost of trade |
-106.01% |
Gained/Lost % of account |
-1.07% |
Happened |
Pair was bought after seeing price hesitate at 23.6 fib. Pair fell though and hit the SL. |
Improvements |
Guess I could have taken the pair lower near the RTL. Trend was good though. |
Trade # |
266 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-20 |
Time Set |
6:23:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-20 |
Time Taken |
6:23:00 AM |
Session End |
NEW YORK |
End Date |
2019-02-20 |
Time End |
10:07:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
0.00 |
Hours Active |
0.16 |
Total Time Active In Hours |
1.87 |
Pair |
GBP/CAD |
Daily Range |
164 |
Pip SL |
35 |
PIP TP |
63 |
R/R Ratio |
1.8 |
SL % DR |
21.34% |
Entry Price |
1.71815 |
TP Price |
1.72417 |
SL Price |
1.71437 |
H4 duck price |
1.71118 |
H4 duck price 30 bars ago |
1.71311 |
H4 duck price 60 bars ago |
1.72873 |
H1 duck price |
1.71564 |
H1 duck price 30 bars ago |
1.70713 |
H1 duck price 60 bars ago |
1.70350 |
M5 duck price |
1.71838 |
H4 Duck |
Strong slope higher entry below the duck |
H1 Duck |
Strong slope higher entry below the duck |
M5 Duck |
Entry at duck. |
Level taken explanation |
Pair was taken AM. Pair fell and found support at the RTL and the 38 fib. Pair seems to have made a bullish pin bar here and wants to head higher. |
Sl Placement |
SL is below the swing support |
TP Placement |
TP is set at the resistance level. |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
331.30 |
Amount Risked $ |
3.33 |
Risked % |
1.01% |
$ Gained/Lost |
5.72 |
% Gained/Lost of trade |
171.77% |
Gained/Lost % of account |
1.73% |
Happened |
Pair was bought at the support from the RTL and the 38 fib. Pair ran higher and hit the TP. |
Improvements |
Trend was good and the entry worked out well. TP was well placed. |
2019-02-21. One trade was closed today at breakeven.
Trade # |
267 |
Session Set |
TOYOKO |
Date Set |
2019-02-20 |
Time Set |
8:51:00 PM |
Session Triggered |
TOYOKO |
Date Taken |
2019-02-20 |
Time Taken |
8:51:00 PM |
Session End |
EURO US OVERLAP |
End Date |
2019-02-21 |
Time End |
6:29:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
1.00 |
Hours Active |
-0.60 |
Total Time Active In Hours |
4.82 |
Pair |
GBP/JPY |
Daily Range |
172 |
Pip SL |
55 |
PIP TP |
80 |
R/R Ratio |
1.454545455 |
SL % DR |
31.98% |
Entry Price |
144.55200 |
TP Price |
145.28500 |
SL Price |
143.93500 |
H4 duck price |
142.68500 |
H4 duck price 30 bars ago |
142.52900 |
H4 duck price 60 bars ago |
143.13500 |
H1 duck price |
143.95400 |
H1 duck price 30 bars ago |
143.03800 |
H1 duck price 60 bars ago |
142.06600 |
M5 duck price |
144.39900 |
H4 Duck |
Strong slope higher entry below the duck |
H1 Duck |
Strong slope higher entry below the duck |
M5 Duck |
Entry above duck |
Level taken explanation |
Entry taken AM. Pair is ina bullish uptrend as seen by the H1 and the H4. Opair fell and made a bullish pin bar off the RTL uin direction of the trend. Thinkign that this pair will jkkeep moving jhigher |
Sl Placement |
SL is below the RTl |
TP Placement |
TP is at the Resistnace |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
333.22 |
Amount Risked $ |
3.33 |
Risked % |
1.00% |
$ Gained/Lost |
0.01 |
% Gained/Lost of trade |
0.30% |
Gained/Lost % of account |
0.00% |
Happened |
Pair was bough in the uptrend after seeing tejh reversal from the RTL. Pair moved a but higher and got derisked and the aDJ SL was hit. |
Improvements |
Entry was in a good spot I thin. I reduced risak when I saw the pair strugggle to breajk the resistance. Not sure if it will not. |
One trade was closed. Trade 265 was stopped at a small loss.
Trade # |
265 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-20 |
Time Set |
6:17:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-20 |
Time Taken |
6:17:00 AM |
Session End |
TOYOKO |
End Date |
2019-02-20 |
Time End |
8:50:00 PM |
Long/Short |
Short |
Taken At Market |
Y |
Days Active |
0.00 |
Hours Active |
0.61 |
Total Time Active In Hours |
7.28 |
Pair |
EUR/GBP |
Daily Range |
79 |
Pip SL |
32 |
PIP TP |
38 |
R/R Ratio |
1.1875 |
SL % DR |
40.51% |
Entry Price |
0.86947 |
TP Price |
0.86619 |
SL Price |
0.87319 |
H4 duck price |
0.87609 |
H4 duck price 30 bars ago |
0.87672 |
H4 duck price 60 bars ago |
0.87289 |
H1 duck price |
0.87264 |
H1 duck price 30 bars ago |
0.87707 |
H1 duck price 60 bars ago |
0.87872 |
M5 duck price |
0.87003 |
H4 Duck |
Strong slope lower, entry below the duck |
H1 Duck |
Strong slope lower, entry below the duck |
M5 Duck |
Entry below the duck |
Level taken explanation |
Pair was sold AM. Pair made an attempt tp break above .8716 resistance and failed. Also the fib 23 here. Thinking the pair will head in direction of the trend. |
Sl Placement |
SL is above the FTL the resistance and the 23 fib. |
TP Placement |
TP is set a bit past the previous swing support |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
331.30 |
Amount Risked $ |
3.33 |
Risked % |
1.01% |
$ Gained/Lost |
-0.62 |
% Gained/Lost of trade |
-18.62% |
Gained/Lost % of account |
-0.19% |
Happened |
Pair was sold after seeing price bounce from the 23 fib and the resistance level. Pair did move a bit lower but broke above the FTL. I reduced the risk after seeing this and the pair hit the ADJ SL. |
Improvements |
I think the entry was fine, the trade came quite close to the TP but sadly it did not fully make it. Time shows that I didn’t need to reduce risk because the pair didn’t hit eh SL but I still this it was the right move to do after seeing the pair break above the FTL. |
Week 15 review. Not too many trades this week. A lot of the pairs were not trending that much so there was not many trades to take I found. Sadly another week of losses although it wasn’t too bad at only 3.5ish %. Trying really hard to only focus on the best trades and leave the not so good ones aside. If i keep bleeding pips though I’m going to run out of capital in this account.
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
1 |
$449.22 |
$438.84 |
-$10.38 |
-2.31% |
11 |
8 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
2 |
$438.84 |
$450.38 |
$11.54 |
2.63% |
25 |
22 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
3 |
$450.38 |
$500.34 |
$49.96 |
11.09% |
25 |
23 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
4 |
$500.34 |
$433.64 |
-$66.70 |
-13.33% |
17 |
15 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
5 |
$433.64 |
$419.08 |
-$14.56 |
-3.36% |
19 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
6 |
$419.08 |
$402.80 |
-$16.28 |
-3.88% |
12 |
12 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
7 |
$402.80 |
$389.83 |
-$12.97 |
-3.22% |
9 |
7 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
8 |
$389.83 |
$456.83 |
$67.00 |
17.19% |
17 |
17 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
9 |
$456.83 |
$404.51 |
-$52.32 |
-11.45% |
20 |
16 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
10 |
$404.51 |
388.12 |
-$16.39 |
-4.05% |
20 |
16 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
11 |
388.12 |
388.57 |
$0.45 |
0.12% |
13 |
13 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
12 |
388.57 |
431.04 |
$42.47 |
10.93% |
18 |
17 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
13 |
431.04 |
441.06 |
$10.02 |
2.32% |
18 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
14 |
441.06 |
355.51 |
-$85.55 |
-19.40% |
19 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
15 |
355.51 |
344.48 |
-$11.03 |
-3.10% |
10 |
10 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
16 |
344.48 |
332.58 |
-$12.48 |
-3.62% |
8 |
8 |
2019-02-26. One trade was closed.
Trade # |
269 |
Session Set |
TOYOKO |
Date Set |
2019-02-25 |
Time Set |
8:53:00 PM |
Session Triggered |
TOYOKO |
Date Taken |
2019-02-25 |
Time Taken |
8:53:00 PM |
Session End |
EURO US OVERLAP |
End Date |
2019-02-26 |
Time End |
5:40:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
1.00 |
Hours Active |
-0.63 |
Total Time Active In Hours |
4.39 |
Pair |
CHF/JPY |
Daily Range |
88 |
Pip SL |
16 |
PIP TP |
32 |
R/R Ratio |
2 |
SL % DR |
18.18% |
Entry Price |
110.83300 |
TP Price |
111.14500 |
SL Price |
110.66500 |
H4 duck price |
110.29000 |
H4 duck price 30 bars ago |
109.82100 |
H4 duck price 60 bars ago |
109.77400 |
H1 duck price |
110.73900 |
H1 duck price 30 bars ago |
110.65500 |
H1 duck price 60 bars ago |
110.55800 |
M5 duck price |
110.86600 |
H4 Duck |
Strong slope higher entry below the duck |
H1 Duck |
Strong slope higher entry below the duck |
M5 Duck |
Entry below the duck and is actually pointing down. |
Level taken explanation |
Entry is AM. Pair is overall bullish and in a bullish uptrend as seen by the h1 and the H4. Pair has ruin higher and is following the RTL upwards. Pair seems to have stalled at the 50 fib and the RTL and is making a inside bar on H1. Thinking the pair will return to highs |
Sl Placement |
SL is below the swing support and the RTl |
TP Placement |
TP is at the resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
336.69 |
Amount Risked $ |
3.33 |
Risked % |
0.99% |
$ Gained/Lost |
-3.53 |
% Gained/Lost of trade |
-106.01% |
Gained/Lost % of account |
-1.05% |
Happened |
Pair was bought after seeing a inside bar on the H1. Pair had fallen and stalled at the RTL and the fib 38. Pair broke down and managed to stay above the RTL but then broke into the SL |
Improvements |
I guess I could have waited for a stronger candlestick. Although the trend was strong on both the H1 and the H4. I don’t think this was too bad of a trade. |
2019-02-28. 4 trades closed today. 2 losses and 2 gains.
Trade # |
270 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-26 |
Time Set |
5:42:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-26 |
Time Taken |
5:42:00 AM |
Session End |
EUROPEAN |
End Date |
2019-02-28 |
Time End |
3:18:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
2.00 |
Hours Active |
-0.10 |
Total Time Active In Hours |
22.80 |
Pair |
EUR/USD |
Daily Range |
109 |
Pip SL |
32 |
PIP TP |
51 |
R/R Ratio |
1.59375 |
SL % DR |
29.36% |
Entry Price |
1.13659 |
TP Price |
1.14155 |
SL Price |
1.13325 |
H4 duck price |
1.13120 |
H4 duck price 30 bars ago |
1.13155 |
H4 duck price 60 bars ago |
1.13938 |
H1 duck price |
1.13485 |
H1 duck price 30 bars ago |
1.13407 |
H1 duck price 60 bars ago |
1.13417 |
M5 duck price |
1.13616 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Entry above duck |
Level taken explanation |
Bought pair AM. Pair has made two failed attempts to break below the RTL and has made bullish pin bars off it. Thinking this pair will run higher in direction of the trend. |
Sl Placement |
SL is below the RLT and the swing and support level |
TP Placement |
TP is at the resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
332.92 |
Amount Risked $ |
3.38 |
Risked % |
1.02% |
$ Gained/Lost |
5.23 |
% Gained/Lost of trade |
154.73% |
Gained/Lost % of account |
1.57% |
Happened |
Pair was bought on the pin bars from the support and the RTL in the uptrend. Pair ran higher and eventually hit the TP before falling. |
Improvements |
Trend was good, entry was good and the SL was not too greedy. |
Trade # |
271 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-26 |
Time Set |
5:51:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-26 |
Time Taken |
5:51:00 AM |
Session End |
TOYOKO |
End Date |
2019-02-26 |
Time End |
11:18:00 PM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
0.00 |
Hours Active |
0.73 |
Total Time Active In Hours |
8.73 |
Pair |
EUR/JPY |
Daily Range |
97 |
Pip SL |
30 |
PIP TP |
80 |
R/R Ratio |
2.666666667 |
SL % DR |
30.93% |
Entry Price |
125.89500 |
TP Price |
126.67900 |
SL Price |
125.57900 |
H4 duck price |
125.33100 |
H4 duck price 30 bars ago |
124.84400 |
H4 duck price 60 bars ago |
124.92400 |
H1 duck price |
125.73900 |
H1 duck price 30 bars ago |
125.56900 |
H1 duck price 60 bars ago |
125.59500 |
M5 duck price |
125.93800 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Entry actually below duck but not far from it. |
Level taken explanation |
Bought pair AM. Pair is in a bullish uptrend. Pair has fallen and seem to be having issues breaking below the 125.864 level. Support lines up with the fib levels on the chart and I think that the H4 bullish engulfing and the g1 bullish pin bars are showing good support at 125.86 level. |
Sl Placement |
SL is below the swing and the RTL |
TP Placement |
TP is before the next resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
332.92 |
Amount Risked $ |
3.30 |
Risked % |
0.99% |
$ Gained/Lost |
-3.48 |
% Gained/Lost of trade |
-105.45% |
Gained/Lost % of account |
-1.05% |
Happened |
Pair was bought on the bounce of the RTL. Pair need up breaking down before recovering and moving past the entry level. |
Improvements |
I think this was just bad luck. Trend was good, pair broke the RTL and managed to get back above it but clipped the SL first. |
Trade # |
272 |
Session Set |
TOYOKO |
Date Set |
2019-02-26 |
Time Set |
7:19:00 PM |
Session Triggered |
TOYOKO |
Date Taken |
2019-02-26 |
Time Taken |
7:19:00 PM |
Session End |
EUROPEAN |
End Date |
2019-02-27 |
Time End |
4:39:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
1.00 |
Hours Active |
-0.61 |
Total Time Active In Hours |
4.67 |
Pair |
AUD/USD |
Daily Range |
87 |
Pip SL |
30 |
PIP TP |
40 |
R/R Ratio |
1.333333333 |
SL % DR |
34.48% |
Entry Price |
0.71830 |
TP Price |
0.72216 |
SL Price |
0.71516 |
H4 duck price |
0.71322 |
H4 duck price 30 bars ago |
0.71066 |
H4 duck price 60 bars ago |
0.71614 |
H1 duck price |
0.71613 |
H1 duck price 30 bars ago |
0.71297 |
H1 duck price 60 bars ago |
0.71277 |
M5 duck price |
0.71851 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Entry a bit below duck |
Level taken explanation |
Bought AM. Pair is bullish as seen by H1 and the H4. Pair has fallen and stalled at the .7175 support as well as the 38 fib. Looking like a pin bar forming on the H4. I am thinking the pair is ready to run higher and cannot break below the support level |
Sl Placement |
SL is below the RTL and the swing support |
TP Placement |
TP is at the next resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
332.87 |
Amount Risked $ |
3.32 |
Risked % |
1.00% |
$ Gained/Lost |
-3.48 |
% Gained/Lost of trade |
-104.82% |
Gained/Lost % of account |
-1.05% |
Happened |
Bought pair on the support and fib at .7175. Pair broke lower and hit the SL. |
Improvements |
Well the trend was good, I think there was factors of confluence on this. Not sure how to improve, the RTL failed to hold up sadly. |
Trade # |
273 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-27 |
Time Set |
6:01:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-27 |
Time Taken |
6:01:00 AM |
Session End |
NEW YORK |
End Date |
2019-02-28 |
Time End |
8:26:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
1.00 |
Hours Active |
0.10 |
Total Time Active In Hours |
13.21 |
Pair |
EUR/JPY |
Daily Range |
97 |
Pip SL |
34 |
PIP TP |
86 |
R/R Ratio |
2.529411765 |
SL % DR |
35.05% |
Entry Price |
126.04200 |
TP Price |
126.88500 |
SL Price |
125.68500 |
H4 duck price |
125.39400 |
H4 duck price 30 bars ago |
124.90500 |
H4 duck price 60 bars ago |
124.97000 |
H1 duck price |
125.87100 |
H1 duck price 30 bars ago |
125.70900 |
H1 duck price 60 bars ago |
125.57400 |
M5 duck price |
125.86400 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Strong slope higher entry above the duck |
Level taken explanation |
Bought AM. Pair is bullish as seen by the ducks. Pair has made a failed attempt to break below the RTL and made a bullish pin bar, Bought thinking price will run higher |
Sl Placement |
SL is below the RTL and the support |
TP Placement |
TP is at the resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
325.88 |
Amount Risked $ |
3.25 |
Risked % |
1.00% |
$ Gained/Lost |
8.05 |
% Gained/Lost of trade |
247.69% |
Gained/Lost % of account |
2.47% |
Happened |
Bought the pair on the bounce of the RTL and the bullish pin bar in direction of the trend. Pair ran higher and hit the TP |
Improvements |
Trend was good on this trade. The pair was taken after seeing a good entry based off the support, the RTL and the candlestick. Good TP and SL was not greedy. |
2019-03-01. Two closed trades. Sadly both losses.
Trade # |
274 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-02-28 |
Time Set |
5:29:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-02-28 |
Time Taken |
5:29:00 AM |
Session End |
EUROPEAN |
End Date |
2019-03-01 |
Time End |
3:45:00 AM |
Long/Short |
Short |
Taken At Market |
Y |
Days Active |
1.00 |
Hours Active |
-0.07 |
Total Time Active In Hours |
11.13 |
Pair |
EUR/GBP |
Daily Range |
79 |
Pip SL |
25 |
PIP TP |
45 |
R/R Ratio |
1.8 |
SL % DR |
31.65% |
Entry Price |
0.85748 |
TP Price |
0.85311 |
SL Price |
0.86011 |
H4 duck price |
0.86858 |
H4 duck price 30 bars ago |
0.87511 |
H4 duck price 60 bars ago |
0.87710 |
H1 duck price |
0.85851 |
H1 duck price 30 bars ago |
0.86365 |
H1 duck price 60 bars ago |
0.86869 |
M5 duck price |
0.85716 |
H4 Duck |
Strong slope lower, entry below duck |
H1 Duck |
Strong slope lower, entry below duck |
M5 Duck |
Entry at duck. |
Level taken explanation |
Sold AM. Pair has made a good sized retracement and has stalled at 50 fib. Pair is bearish and I think that the pair plans to head in direction of the trend. |
Sl Placement |
SL I above the last swing resistance |
TP Placement |
TP is at the support |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
330.90 |
Amount Risked $ |
3.30 |
Risked % |
1.00% |
$ Gained/Lost |
-3.43 |
% Gained/Lost of trade |
-103.94% |
Gained/Lost % of account |
-1.04% |
Happened |
Sold the pair in the downtrend. Pair has retraced to the 50 fib and started falling but then stalled and spike higher into the Sl. |
Improvements |
I think this was a good trade, it was a good downtrend and the pair made a decent retracement. Just didn’t work out |
Trade # |
279 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-03-01 |
Time Set |
6:35:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-03-01 |
Time Taken |
6:35:00 AM |
Session End |
NEW YORK |
End Date |
2019-03-01 |
Time End |
7:31:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
0.00 |
Hours Active |
0.04 |
Total Time Active In Hours |
0.47 |
Pair |
CAD/JPY |
Daily Range |
83 |
Pip SL |
20 |
PIP TP |
60 |
R/R Ratio |
3 |
SL % DR |
24.10% |
Entry Price |
84.58600 |
TP Price |
85.16600 |
SL Price |
84.36600 |
H4 duck price |
84.02500 |
H4 duck price 30 bars ago |
83.53700 |
H4 duck price 60 bars ago |
83.27100 |
H1 duck price |
84.43700 |
H1 duck price 30 bars ago |
84.06900 |
H1 duck price 60 bars ago |
84.09000 |
M5 duck price |
84.98400 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Entry is below the duck |
Level taken explanation |
Bought AM. Pair is bullish as seen by the H4 and the H1. Pair broke above the rising channel but then the CAD GDP news caused the pair to crash lower stalling at channel top and also the 50 fib. Pair is making a inside bar and I think the news was only a tiny bit bearish at -.1 instead of 0 and this was a over reaction. Pair should rally. |
Sl Placement |
SL is below the 61 fib and the RTL and the support |
TP Placement |
TP is at the resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
335.49 |
Amount Risked $ |
3.30 |
Risked % |
0.98% |
$ Gained/Lost |
-3.67 |
% Gained/Lost of trade |
-111.21% |
Gained/Lost % of account |
-1.09% |
Happened |
Pair was bought after the spike lower from the CAD GDP miss. Trend as up and the pair was against the support. Inside bar occurred but the pair broke lower and hit the SL |
Improvements |
Trend and support level were good, I should have waited for the inside bar breakout. If I had it would have prevented me from taking a loss altogether. |
Week 16 review. This was a mixed week. I was focusing on quality vrs quantity again this week which shows in the trade volume. I was having a pretty good week until the pairs I have open gave up their floating profit on Friday and I took the CADJPY loss. I have been reading some new information that talks about what are valid swings in the market and how to identify them and stay out of the swings that have not properly retraced that I plan on incorporating into my strategy. Account still posted significant losses and it wont be easy to climb back.
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
1 |
$449.22 |
$438.84 |
-$10.38 |
-2.31% |
11 |
8 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
2 |
$438.84 |
$450.38 |
$11.54 |
2.63% |
25 |
22 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
3 |
$450.38 |
$500.34 |
$49.96 |
11.09% |
25 |
23 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
4 |
$500.34 |
$433.64 |
-$66.70 |
-13.33% |
17 |
15 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
5 |
$433.64 |
$419.08 |
-$14.56 |
-3.36% |
19 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
6 |
$419.08 |
$402.80 |
-$16.28 |
-3.88% |
12 |
12 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
7 |
$402.80 |
$389.83 |
-$12.97 |
-3.22% |
9 |
7 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
8 |
$389.83 |
$456.83 |
$67.00 |
17.19% |
17 |
17 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
9 |
$456.83 |
$404.51 |
-$52.32 |
-11.45% |
20 |
16 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
10 |
$404.51 |
388.12 |
-$16.39 |
-4.05% |
20 |
16 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
11 |
388.12 |
388.57 |
$0.45 |
0.12% |
13 |
13 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
12 |
388.57 |
431.04 |
$42.47 |
10.93% |
18 |
17 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
13 |
431.04 |
441.06 |
$10.02 |
2.32% |
18 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
14 |
441.06 |
355.51 |
-$85.55 |
-19.40% |
19 |
18 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
15 |
355.51 |
344.48 |
-$11.03 |
-3.10% |
10 |
10 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
16 |
344.48 |
332.58 |
-$11.90 |
-3.45% |
8 |
8 |
Week |
Start |
End |
Change |
Change % |
Trades set |
Trades Taken |
17 |
332.58 |
331.852 |
-$0.73 |
-0.22% |
11 |
11 |
2019-03-04, One trade was closed.
Trade # |
278 |
Session Set |
EURO US OVERLAP |
Date Set |
2019-03-01 |
Time Set |
6:29:00 AM |
Session Triggered |
EURO US OVERLAP |
Date Taken |
2019-03-01 |
Time Taken |
6:29:00 AM |
Session End |
NEW YORK |
End Date |
2019-03-04 |
Time End |
11:16:00 AM |
Long/Short |
Long |
Taken At Market |
Y |
Days Active |
3.00 |
Hours Active |
0.20 |
Total Time Active In Hours |
38.39 |
Pair |
GBP/NZD |
Daily Range |
187 |
Pip SL |
90 |
PIP TP |
120 |
R/R Ratio |
1.333333333 |
SL % DR |
48.13% |
Entry Price |
1.94314 |
TP Price |
1.95245 |
SL Price |
1.93145 |
H4 duck price |
1.91257 |
H4 duck price 30 bars ago |
1.89592 |
H4 duck price 60 bars ago |
1.89779 |
H1 duck price |
1.94196 |
H1 duck price 30 bars ago |
1.92814 |
H1 duck price 60 bars ago |
1.90964 |
M5 duck price |
1.93923 |
H4 Duck |
Strong slope higher entry above the duck |
H1 Duck |
Strong slope higher entry above the duck |
M5 Duck |
Entry above duck |
Level taken explanation |
Bought AM. Pair in strong uptrend as seen by the H4 and the H1. Pair fell and stalled at the 1.9356 support and the 50 fib. Pair has bounced and is making a bullish engulfing in direction of trend on the H4. |
Sl Placement |
SL is below the swing support and the fib and candlestick support |
TP Placement |
TP is at the resistance |
Fundamental |
|
Risks |
|
Updates |
|
Account Balance |
335.49 |
Amount Risked $ |
3.30 |
Risked % |
0.98% |
$ Gained/Lost |
-4.36 |
% Gained/Lost of trade |
-132.12% |
Gained/Lost % of account |
-1.30% |
Happened |
Pair was bought on the sharp reversal off the 50 fib and the 1.9356 support. Pair went higher but reversed on risk aversion and hit the SL. |
Improvements |
Trend was good on this, pair made a solid 50% retracement, entry was a tad late but not too bad. What did this in was the stock market tumble and the resulting JPY spike. I don’t think this trade was all that bad though. |
1 Like
All right so I’m chalking this up as a failure. It’s time consuming when not profitable. I have used this 3 duck system for a few years and never could make it wotk. I have moved into price action now and further away from indicators. It’s possible I create a new thread in future with my price action trades. I’m also sticking to the H4 and higher until I am skilled enough for lower time frames.