Here’s a pic of the entry at 1.3811
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Target on this trade modified to 1.3835
P.S. Modified 1 more time…taking 0.75% of position off at 3835.
the last quarter at 3865
stops now at BE
Closed out 0.75% of the position at 1.3828
Stops at BE +1
Final target on the remaining quarter of the origional position: 1.3835
Will update running totals after trade resolves
Last trade profit after last quarter stopped out at +1 pip = 0.50% profit
looking to get long again at 1.3804
15 pip stop
30 pip target
risking 0.25%
Filled at 1.3087, eur/usd long
Whoops…that 1.3807…
17 pip stop
30 pip target
risking 0.25%
long at 1.3803
15 pip stop
45 pip target
risking 0.15%
Hey Jay, I think this thread has a lot of potential! It’s very casual and accessible. It forces the new/intermediate trader to [I]think[/I] of their own questions based on what you are doing, and if you follow up on the good questions, I think a lot of learning can come from it.
I think if someone wants to participate hands-on, they could do so safely from a [B]DEMO ACCOUNT[/B] and always using the amount of money you would actually deposit, otherwise it goes straight to your head
if i could make one suggestion, i think it would helpful to add the account balance at each step. It can help our minds key in on trading events that caused big changes to the actual account value.
look forward to more!
Been following along but have to break away for a bit ~ to me it looks like these are trades based on supply / demand zones. Is that the case? I’m also curious what leverage you use. Trying to learn as much as I can. I too am going to likely be on an Oanda 100 USD account doing ‘penny per pip’ trading in a month or two, and trading on comparable timeframes, so this is really on point.
Must run for now, but this is quite interesting. Best of luck!
Ok…so, right now, up one trade, down one trade… for a net profit of breakeven.
CUrrently have one trade open, with 0.25% risk.
ok, eur/usd stopped out… down 0.40%
Short 1.3796
risking 0.35%
stop 25
target 40
eur/usd 
Well, just looking from a supply/demand view actually it looks like this on the M15 imho:
Sell at 13820
Buy at 13780, 50, 20
If I look at the gaussian regression the sell has the most probability, because we are just below the beta 2.
Plus the buy at 13720, because it’s a beta -2.
As I said, just M15 and what I can see so far here in my spaghetti bowl.
gbp/usd short at 1.6046
36 pip stop
100 pip target
risking 0.50% -CORRECTED BELOW
entry modified to 1.6038
45 pip stop
90 target
risking only 0.35%
I thought we had a hundred days to give this a shot?
Just posting something so I get an email notification… want to see those trades posted live. Once I see your entries I’ll get an idea if this is going to work out. :33:
going short right here right now at 3795 on eur/usd would be a decent trade…
but, i’m already in, so no more
jay
moved stop on half of open eur/usd position down to 3806.
this will reduce my exposure if it pushes to 3806
P.S.
Stop on 2nd half of position moved down to 1.3815
Again…reducing risk.
Jay
Stop previously at 1.3815 moved down to 1.3808
Again…risk reduction.
Jay
A bit nervous about a possible reversal here…
so, stop on 50% of position movede down to BE on the eur/usd short
the other 50% of position at 1.3810
again…risk reduction.