Friends,
Here is a review of my trades executed in the month of October 2012. Actually my first trade was on the last trading day of the last month and is included in this review as I started this journal only on that date.
Trade No
Post #
Pair
Action
Entry Rate
Pips Gained
Percentage
Gained
Remarks
$ Balance after Trade
Opening Balance
3035.00
1
2, 3& 7
EURUSD
Sell
1.2927
+80
+2%
Closed trade manually @ 1.2847 considering week, month and quarter end and doubting an opposite side gap on the opening on Monday. Anyhow my decision to close the trade at the weekend was not good as the price went down up to 1.2805 before reversing on monday and my TP was at 1.2807. Just missed 40 pips because of my emotions.
3091.00
2
10, 13,14& 15
GBPUSD
Buy
1.6107
+60
+2%
I made my stop loss too tight @ 1.6167 just locking 60 pips before the NFP release and trade was closed by hitting this SL. My decision to make stop loss tight was nice as the price never reached my TP @ 1.6227 and it reversed below to my initial stop loss. But I could have been earned further 40 pips, if the TP was @ 1.6207 which was lying on the short term falling trend line. Missed 40 pips because of Greed.
3151.00
3
17, 19, 20, 22 & 25.
USDCHF
Buy
0.9325
+60
+2.1%
Moved stop loss to 0.9384 locking 60 pips in view of formation of a double top. Trade closed by hitting this stop loss. Decision to move stop loss was nice as the price found support at previous resistance and reversed back below to my initial stop loss. Good decision at the right time.
3214.00
4
21, 28, 29 & 40.
EURJPY
Buy
100.74
+47
+2%
Trade went up by +107 pips and reversed to hit trailing stop of 60 pips @ 101.21. After hitting trailing stop price reversed and reached 103.35 crossing my TP at 102.54. If the trailing stop was of 80 pips, then the trade could have been reached TP. Also there was a chance to hit TP by keeping stop loss at BE without trailing. There was no sufficient air between price and trailing stop.
3274.00
5
27, 30 & 45.
CADJPY
Buy
79.50
+76
+3.2%
Closed trade manually @ 80.26 before hitting TP @ 81.90 due to formation of a Symmetric triangle. The decision was nice as the price went back to touch the bottom of the triangle.
3372.00
6
32, 35 & 56.
EURAUD
Buy
1.2585
+110
+3.7%
Considering long time consolidation and negative swap, I closed the position manually. The decision was nice, as the price fall down and went towards my trailing stop.
3478.00
8
51, 63, 70, 71 $ 73.
USDCAD
Sell
0.9866
+100
+3.5%
It was a fast trade and I was able to catch the swing high. Price closed by hitting TP in a short time. Nice trade.
3583.00
7
44 & 91.
USDJPY
Sell
78.76
-50
-3.2%
Trade hit SL. It was a mistake as I went short directly without waiting for a close below the falling trend line. Also I didn’t notice the strong support around 78.00 in the weekly chart. A loss faced due to lack of proper analysis and violation of trading rules.
3517.00
9
69, 102 & 122.
GBPUSD
Sell
1.6153
+150
+5%
A straight trade which directly hit the TP. Everything was perfect.
3667.00
10
101 & 124.
EURAUD
Buy Stop
1.2633
0
0%
Cancelled the pending order(Buy Stop) as the trade was not triggered even up to the weekend.
3667.00
11
109, 121 & 126.
EURJPY
Sell
103.7
+37
+1.5%
Closed the trade due to weekend. I was not feeling good to carry trade to the next week. It was a good decision as the price went back towards my stop loss in the next week.
3713.33
12
141, 168, 173 & 175.
CADJPY
Buy
79.89
+45
+3.8%
Trade closed hitting my moved stop loss. I moved my stop loss to 80.34 locking 45 pips as I was going offline for sometime. But the decision was wrong as the price went back to my TP after closing my trade. I would have been earned further 55pips, if the SL was kept at breakeven. I have to make more efforts to control my emotions.
3828.60
13
176,181
EURUSD
Buy
1.2989
-60
-4%
Price straight away went towards my Stop Loss. But the trade was very nice as it was within my rules and was a perfect set up. It was a nice and perfect trade, though it hit SL. We have to accept that every trade will not be winners.
3708.60
14
203,208,
219,222
GBPUSD
Sell
1.6100
+35
+1.7%
Trade closed by hitting trailing stop. It was a perfect trade and the trailing stop helped to earn some pips as the price went up to my stop loss after closing the trade at trailed stop.
3760.05
15
205,234,
240,242
EURGBP
Buy
1.8028
+10
+0.3%
Even though, I brought down my TP and reduced the target, price didn’t reach my TP as it reversed after getting up by 45 pips. Closed trade manually on observation of a heavy bearish candle. Decision to close trade manually helped to earn 10 pips as the pair continued it’s bearish movement.
3772.94
16
228,238,
239,243
GBPJPY
Buy
127.60
+150
+5.5%
Initially the TP was for 120 pips and it was extended for 150 pips on observation of some nice bullish movements. Trade went exactly as per plan and hit my extended TP giving a nice ending for the October month trades.
3942.18
+850
I started the month with a balance of $ 3035.00 and ended up with a balance of $ 3942.18. Actual gain for the month is 850 pips and an increase of account balance by 29.89%.
[B]
I hope that a return of 29.89% for a month is reasonable and satisfactory.
[/B]Friends…What are your thoughts…? Please comment…
Is my performance 
???
BIJOY
i got more lucky as for some reason i could not sleep and went to check the trade was 41 pips positive so i close 1/3 of my position and decided to but a tight 15pips trailing stop because the market is not very volatile 
